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BICEP 2-1988
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BICEP 2-1988
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Last modified
1/3/2012 3:17:55 PM
Creation date
1/12/2004 3:43:46 PM
Metadata
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Template:
Contracts
Company Name
Big Independent Cities Excess Pool Joint Powers Authority
Contract #
A-1988-090B
Agency
Personnel Services
Council Approval Date
9/19/1988
Insurance Exp Date
7/1/2016
Notes
Liability Risk Coverage Agreement; Amended by A-1988-090C and A-1988-090B-3
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5 <br /> <br /> 7 <br /> <br /> 9 <br /> <br />13 <br /> <br />15 <br /> <br />17 <br /> <br />19 <br /> <br />21 <br /> <br /> EXHIBIT D <br /> <br />SPECIAL PURE PREMIUM ADJUSTMENTS <br />AND ADJUSTMENT PROPORTIONS <br /> <br /> Special Pure Premium Adjustments may be assessed with <br />respect to the Coverage Periods ending on July 1, 1989, 1990 <br />and 1991 to a Participant to the extent that such Participant's <br />Pure Premium paid in any such Coverage Periods is less than the <br />Pure Premium which would have been paid in such Coverage Period <br />had the Pure Premium not been capped at $1.25 million with <br />respect to each of such Coverage Periods as provided in <br />Schedule A. <br /> <br /> The corresponding Adjustment Proportion for a given <br />Participant will be eq//al to the Pure Premium which would have <br />been paid by such Participant had Pure Premium not been capped <br />at $1.25 million divided by the total Pure Premium which would <br />have been paid by all Participants had Pure Premium not been <br />capped at $1.25 million. <br /> <br />D-1 <br /> <br /> <br />
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