Common use of Reports and Reporting Clause in Contracts

Reports and Reporting. Except as limited by a new or modified conservation or liquidation order by the Conservation Court, GOLDEN STATE shall provide to IA AMERICAN the following reports in a form and format mutually agreed upon between GOLDEN STATE and IA AMERICAN: a. Monthly, GOLDEN STATE shall furnish IA AMERICAN with: (i) Paid And Pending Death Claims (ii) Performance Standards Compliance Report b. Once each calendar year furnish name and address information in a “flat file” format to facilitate IA AMERICAN’s privacy mailings within thirty (30) days of request. c. Any other standard reports available from the System within a mutually agreed upon timeframe or other information or data reasonably requested by IA AMERICAN in connection with the administration of the Policies and Contracts. However, if such reports requested are outside standard reports and take a substantial amount of effort on the part of GOLDEN STATE, IA AMERICAN agrees to pay GOLDEN STATE Additional Service Fees as referenced in Exhibit 5.1. IA AMERICAN and GOLDEN STATE agree that reports necessary for IA AMERICAN’s US GAAP reporting of the Policies and Contracts shall be considered standard reports.