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COM 0846.001 2010-2012
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COM 0846.001 2010-2012
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Last modified
4/14/2021 2:48:37 PM
Creation date
9/17/2012 1:39:57 PM
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Communications
Communications - Type
COM
Communications - Council Term
2010-2012
Communication
0846
Point
001
Author
Brittany Smart, Council Member
Communications - Referred To
GRC
Document Relationships
AGE GRC 10/02/2012 2010-2012
(Related)
Path:
\Council Records\Agendas\2010-2012\Governmental Relations Committee (GRC)
REP GRC 021 10/02/2012 2010-2012
(Related)
Path:
\Council Records\Reports\2010-2012\Governmental Relations Committee (GRC)
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C . Carero <br /> reasonable notice to Careington. Careington shall cooperate with Client's auditor in the <br /> performance of any audit. Client shall be responsible for the cost of the audit unless the audit <br /> reveals a discrepancy of more than five percent (5%) in the amount of fees owing to Careington, <br /> in which case Careington shall be responsible for the cost of such audit. <br /> 5. Marketing Fee. As compensation for Client's marketing responsibilities, <br /> Careington shall pay Client a percentage of gross revenue collected based on the number of <br /> Customers as set forth on Schedule 2 from all Customers in the Benefits Plan (the "Marketing <br /> Fee"). Careington shall pay Client monthly, based on the number of Customers as of the last <br /> day of the month, as set forth on Schedule 2. Such monthly payment shall be made on or before <br /> the twentieth (20th) day of the following month such fees are collected. For purposes of this <br /> Agreement, "gross revenues" shall mean Careington's gross revenues collected under the <br /> program, less any charge backs, refunds or adjustments. <br /> 6. Mutual Representations and Warranties. Each party, including Member <br /> Counties, hereby represents and warrants to the others as follows as of the date hereof(or for a <br /> Member County, on the date of the Acknowledgment): <br /> (a) Organization and Standing. It is duly organized, validly existing and in good <br /> standing under the laws of its state of organization or incorporation and has the power and <br /> authority to own, lease and operate its assets and to carry on its business as it is now being <br /> conducted. <br /> (b) Authorization. It has the full power and authority to enter into this Agreement <br /> and to perform its obligations hereunder. The execution and delivery of this Agreement and the <br /> performance of its obligations under this Agreement have been duly and validly authorized and <br /> approved by all requisite action and no other acts or proceedings on its part, including approvals, <br /> consents or authorizations by any of its stakeholders, are necessary to authorize the execution, <br /> delivery and performance of this Agreement or the transactions contemplated hereby. This <br /> Agreement constitutes its legal, valid and binding obligation and is enforceable in accordance <br /> with its terms, except to the extent that enforcement may be limited by bankruptcy, insolvency, <br /> reorganization or similar laws affecting creditors' rights and the obligations of debtors generally <br /> and by general principles of equity, regardless of whether considered in a proceeding at law or in <br /> equity. <br /> (c) Consents and Approvals. No consent, approval, non-disapproval, authorization, <br /> ruling, order of, notice to or registration with, any governmental or regulatory authority or any <br /> person, partnership, corporation, firm, trust or other entity is required on its part in connection <br /> with the execution and delivery of this Agreement or its consummation of the transactions <br /> contemplated hereby. <br /> (d) Actions Pending. There is no action, suit, investigation or proceeding pending or, <br /> to its knowledge, threatened against it or any of its properties or rights, by or before any court, <br /> arbitrator or administrative or governmental body, which action, suit, investigation or proceeding <br /> could reasonably be expected to impair its ability to perform its obligations under this <br /> Agreement. <br /> Dental Discount Program Agreement Page 5 <br />
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