Virginia Retirement System. (“VRS”). The Charter School’s employer contributions for VRS for LCPS employees along with the LCPS employee’s share will be deducted in accordance with paragraph 29.2 and remitted to VRS. If for any reason, the local, state and federal tax-exempt status of the VRS and/or the School Board and/or the tax-exempt participation in VRS by Charter School employees (whether or not LCPS employees) should be in doubt to any extent whatsoever and for any reason, as determined by the School Board, then the parties shall re-negotiate this Agreement. The School Board makes no representation, however, regarding the right of any Charter School employee who is not also an LCPS employee to participate in VRS. For all non-LCPS employees employed by the Charter School, the Charter School will indemnify and hold harmless the School Board, its employees, and agents from any and all loss, claims, penalties or damages arising out of any matter related to the coverage or participation of Charter School employees who are not also LCPS employees in VRS. This paragraph shall survive the expiration of this Agreement.
Virginia Retirement System. (“VRS”). The Charter School’s employer contributions for VRS for LCPS employees along with the LCPS employee’s share will be deducted in accordance with paragraph 29.2 and remitted to VRS. If for any reason, the local, state and federal tax-exempt status of the VRS and/or the School Board and/or the tax-exempt participation in VRS by Charter School employees (whether or not LCPS employees) should be in doubt to any extent whatsoever and for any reason, as determined by the School Board, then the parties shall re-negotiate this Agreement. to remove any doubt. The Charter School shall indemnify and hold the School Board, its employees and agents harmless on all costs, obligations, payments or any other loss related to VRS, the Charter School and/or the employees (whether or not LCPS employees) working in the Charter School regarding participation and tax exempt status in or of VRS or the School Board.. The School Board makes no representation, however, regarding the right of any Charter School employee who is not also an LCPS employee to participate in VRS. and the Charter School agrees to indemnify and hold harmless the School Board regarding any matter arising with VRS including, but not limited to, whether a non-LCPS employee has or does not have coverage under VRS. This provision shall survive the expiration of this Agreement For all non-LCPS employees employed by the Charter School, the Charter School will indemnify and hold harmless the School Board, its employees, and agents from any and all loss, claims, penalties or damages arising out of any matter related to the coverage or participation of Charter School employees who are not also LCPS employees in VRS. This paragraph shall survive the expiration of this Agreement.
