Common use of Termination or Modification of Stop Loss Program Clause in Contracts

Termination or Modification of Stop Loss Program. (1) Group may at anytime, without terminating the Agreement and by no less than sixty (60) days prior written notice to Blue Shield, terminate this Stop Loss Program and (delete this Exhibit from the Agreement), provided that Group provides to Blue Shield, in conjunction with such termination notice, a certificate of insurance demonstrating that Group has (or will have as of the effective date of such termination) stop loss coverage in compliance with Paragraph 7.4 of the Agreement. In the event of such termination, the Stop Loss Attachment Level described below will not be prorated.