Common use of Workers’ Compensation Codes; Material Change in Underwriting Risk Clause in Contracts

Workers’ Compensation Codes; Material Change in Underwriting Risk. Client agrees to provide and maintain adequate job descriptions for the Shared Employees, so that the proper workers’ compensation manual classification for each Shared Employee may be correctly determined. Client shall be solely responsible for the information provided to PEO. If such information is found to be incorrect upon audit or otherwise and results in additional premium or other charges, Client will be charged for such costs. Client represents and warrants that there are no workers’ compensation losses or claims, except for those which are noted on Client’s loss runs (or other documentation deemed adequate by PEO in its sole discretion) which have been provided to PEO, all of which are represented and warranted by Client to be accurate and complete. If PEO determines in its sole discretion that Client’s workers’ compensation loss experience during the term of this Agreement represents a material adverse change in the underwriting risk accepted by PEO based on the information provided to PEO prior to the Effective Date, PEO shall have the right to modify the premium rate charged to client, refer client to the deductible program or terminate this Agreement upon 10 days, notice.

Workers’ Compensation Codes; Material Change in Underwriting Risk. Client agrees to provide and maintain adequate job descriptions for the Shared Employees, so that the proper workers’ compensation manual classification for each Shared Employee may be correctly determined. Client shall be solely responsible for the information provided to PEO. If such information is found to be incorrect upon audit or otherwise and results in additional premium or other charges, Client will be charged for such costs. Client represents and warrants that there are no workers’ compensation losses or claims, except for those which are noted on Client’s loss runs (or other documentation deemed adequate by PEO in its sole discretion) which have been provided to PEO, all of which are represented and warranted by Client to be accurate and complete. If PEO determines in its sole discretion that Client’s workers’ compensation loss experience during the term of this Agreement represents a material adverse change in the underwriting risk accepted by PEO based on the information provided to PEO prior to the Effective Date, PEO shall have the right to modify the premium rate charged to client, refer client to the deductible program or terminate this Agreement upon 10 days, ’ notice.