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A. Client shall provide Sedgwick in a timely manner with its first layer of insurance <br />coverage for the policy years necessary for proper notification of applicable <br />Qualified Claims to such first layer insurers by Sedgwick. Should Client fail to <br />provide this information, Sedgwick shall be relieved of any such reporting <br />obligations. <br />B. Client shall pay to Sedgwick a service fee which, in the initial term of this <br />Agreement, shall be computed and payable as shown in Exhibit B, attached hereto <br />and made a part of this Agreement, plus applicable taxes, if any. Client shall <br />reimburse Sedgwick for the reasonable and customary out-of-pocket expenses <br />incurred by Sedgwick such as travel expenses in conjunction with the services being <br />performed. If Client, in its sole discretion, requests Sedgwick to perform services <br />outside of the scope of work listed herein, then Client shall compensate Sedgwick <br />for such services at Sedgwick's then applicable standard rates for such service. <br />C. Client shall at all times provide funds adequate for the payment of Qualified Claims, <br />including allocated loss adjustment expenses. For purposes of this Agreement, <br />allocated loss adjustment expenses shall mean all costs, charges or expenses incurred <br />by Sedgwick, its agents or its employees which are properly chargeable to a <br />Qualified Claim including, without limitation, court costs; fees and expenses of <br />attorneys; appeal bonds; independent adjusters; investigators; appraisers; vocational <br />services, training or evaluation; medical expenses and medical cost containment <br />service providers (including those provided by Sedgwick, if applicable); durable <br />medical equipment; rehabilitation services; experts and witnesses; fees for obtaining <br />statements, diagrams, reports, records, documents, transcripts, depositions, <br />Medicare reporting and compliance services fees and costs, index bureau filings and <br />re -filings, and photographs; cost of file retrieval; cost associated with the pursuit of <br />subrogation and/or Special Injury Fund claims; hearing representation services; and <br />travel fees and expenses incurred at Client's request. Sedgwick may, but need not, <br />elect to utilize its own staff or affiliated entities to perform these services. Associated <br />fees and costs will be charged as allocated loss adjustment expenses. <br />D. Client shall deposit funds for payment of Qualified Claims, including allocated loss <br />adjustment expenses, in a bank account or accounts (the "Claim Account"). Client <br />shall be responsible for providing sufficient funds to enable Sedgwick to write <br />checks on the Claim Account for use in the payment of Client's Qualified Claims. <br />Such funds shall be provided by electronic funds transfer at the inception of the <br />Program and replenished by electronic funds transfer promptly from time to time <br />thereafter. The amount of the escrow required for the Claim Account may be <br />modified in the following instances: <br />(1) There is a substantial increase or decrease in claims payment activity; <br />(2) Client fails to fund the Claim Account within the agreed upon time period; <br />(3) There is a change in funding cycle; <br />(4) The escrow is recalculated at Client's request; or <br />C/20912 3 <br />