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Article V - Termination of the Agreement <br /> 5.1 This Agreement may be terminated by either the Employer or DBI without <br />cause and without liability for damages for breach, by written notice of intention to <br />terminate given to the other party, to be effective as of a date certain set forth in the written <br />notice, which shall not be less than 30 days from the date of such notice. All obligations of <br />DBI relating to payment of claims under the Employer will be terminated on the effective <br />date of termination given in the notice even though the clahr_ for such benefits arise prior to <br />termination of this Agreement. <br /> <br />5.2 The Agreement shall automatically terminate: <br /> a. If any law is enacted or interpreted to ~rohibit the continuance of this <br />Agreement, upon the effective date of such law or interpretation; <br /> b. If any monthly administrative fee remains unpaid to DBI beyond 30 <br />days past the due date, upon notification by DBI to the Employer in writing that <br />DBI intends to exercise its option to enforce this provision; or <br /> <br /> c. If at any time the Employer fails to provide funds for the payment of <br /> Plan benefits or fails to restore the Min!mum Account Balance, upon <br /> written notification by DBI; <br /> <br /> 5.3 Default. Notwithstanding any other cond:tions on termination of this <br />Agreement, the Plan may terminate this Agreement if DBI engages in a pattern of activity <br />or practice that constitutes a material breach of its obligations under Article 11I. Moreover, <br />if either party is in default under any other provision of this Agreement, the other party may <br />give written notice to the other party of such default. If the defaulting party has not used <br />good faith efforts to cure such breach or default within 30 days after it receives such notice, <br />or if good faith efforts to cure have begun within 30 days but such cure is not completed <br />within 60 days after receipt of the notice, the other party shall have the right by further <br />written notice (the "Termination Notice") to terminate the Agreement as of any future date <br />designated in the Termination Notice. In addition, if termiaation is due to default under <br />any provision of this Agreement by DBI, the termination fees applicable to the initial term <br />will not apply. <br /> <br /> 5.4 When this Agreement is terminated, DBI will immediately cease the <br />performance of any further services under this Agreement mless both parties agree that <br />DBI shall continue performing services during any post-termination "nm-out" period. If <br />the employer engages DBI to administer a 90-day post-termination "nm-out period", DBI <br />will invoice and collect a "nm-out fee" as determined by DBL Upon receipt of the "nm-out <br />fee", DBI will continue the processing of qualifying expense reimbursements and general <br />plan administration. <br /> <br /> a. Upon the completion of the later of the Agreement, or any agreed- <br /> upon 90 day "mn-out period", DBI will cease the processing of any expense <br /> reimbursement requests that are in its possession and the Employer shall be <br /> <br />Administrative Services Agreement - October 2003 10.30.03 <br /> 11 <br /> <br /> <br />