Common use of RISK PRODUCTS Clause in Contracts

RISK PRODUCTS. For Controlled Affiliates not underwriting the indemnity portion of workers' compensation insurance: An amount equal to its pro rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's subscription revenue and contracts arising from products using the marks. The payment by each sponsoring Plan of its dues to BCBSA, including that portion described in this paragraph, will satisfy the requirement of this paragraph, and no separate payment will be necessary. For Controlled Affiliates underwriting the indemnity portion of workers' compensation insurance: An amount equal to 0.35 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus, an annual fee of $5,000 per license for a Controlled Affiliate subject to Standard 7. For Controlled Affiliates whose primary business is government non-risk: An amount equal to its pro-rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's government non-risk beneficiaries. EXHIBIT B (continued) FOR NONRISK PRODUCTS: An amount equal to 0.24 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus:

Appears in 11 contracts

Samples: License Agreement (Rightchoice Managed Care Inc), License Agreement (Wellchoice Inc), License Agreement (Anthem Inc)

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RISK PRODUCTS. For Controlled Affiliates not underwriting the indemnity portion of workers' compensation insurance: An amount equal to its pro rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's subscription revenue and contracts arising from products using the marks. The payment by each sponsoring Plan of its dues to BCBSA, including that portion described in this paragraph, will satisfy the requirement of this paragraph, and no separate payment will be necessary. For Controlled Affiliates underwriting the indemnity portion of workers' compensation insurance: An amount equal to 0.35 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus, an annual fee of $5,000 per license for a Controlled Affiliate subject to Standard 7. For Controlled Affiliates whose primary business is government non-risk: An amount equal to its pro-rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's government non-risk beneficiaries. EXHIBIT B (continuedCONTINUED) FOR NONRISK PRODUCTS: An amount equal to 0.24 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus:

Appears in 2 contracts

Samples: License Agreement (Triple-S Management Corp), License Agreement (Cobalt Corp)

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RISK PRODUCTS. For Controlled Affiliates not underwriting the indemnity portion of workers' compensation insurance: An amount equal to its pro rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's subscription revenue and contracts arising from products using the marks. The payment by each sponsoring Plan of its dues to BCBSA, including that portion described in this paragraph, will satisfy the requirement of this paragraph, and no separate payment will be necessary. For Controlled Affiliates underwriting the indemnity portion of workers' compensation insurance: An amount equal to 0.35 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus, an annual fee of $5,000 per license for a Controlled Affiliate subject to Standard 7. For Controlled Affiliates whose primary business is government non-risknonrisk: An amount equal to its pro-rata share of each sponsoring Plan's dues payable to BCBSA computed with the addition of the Controlled Affiliate's government non-risk beneficiaries. EXHIBIT B (continuedCONTINUED) FOR NONRISK PRODUCTS: An amount equal to 0.24 percent of the gross revenue per annum of Controlled Affiliate arising from products using the marks; plus:

Appears in 1 contract

Samples: License Agreement (Triple-S Management Corp)

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