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<br />OR I q 2 q PG I 0 q 8
<br />
<br />c
<br />
<br />I. The member agrees there will be no disbursements out of
<br />the reserve fund established by the Fund by way of dividends or
<br />distributions of accumulated reserves to members until after
<br />provision has been made for all obligations against the Fund and
<br />except at the discretion of the Board of Trustees;
<br />
<br />m. The member agrees to permit qualified service providers,
<br />including attorneys selected by the Fund, to defend, investigate,
<br />settle, and otherwise process and dispose of all claims, suits,
<br />allegations or demands that may result in liability assumed by the
<br />Fund on behalf of the member pursuant to this Agreement, or any
<br />other agreement, certificate, document, or other instrument
<br />executed by the Fund or the member pursuant to this Agreement;
<br />
<br />n. The member agrees to make prompt payment of all
<br />contributions and penalties as required by the Board of Trustees,
<br />said contributions or penalties to be determined by the Board of
<br />Trustees. Any disputes concerning contributions or penal ties shall
<br />be resolved after the payment of said contributions or penalties;
<br />
<br />o. The member, through the Board of Trustees, does hereby
<br />appoint the Administrator of the Fund as its agent and attorney-in-
<br />fact, to act in its behalf and to execute all necessary contracts,
<br />reports, waivers, agreements, excess insurance contracts, service
<br />contracts, and other documents reasonably necessary to accomplish
<br />the purposes and to fulfill the responsibilities of the Fund; to
<br />make or arrange for the payment of claims, claims expenses, and all
<br />other matters required or necessary insofar as they affect the
<br />member's liability under federal or Florida law and insofar as such
<br />matters are covered pursuant to the terms of this Agreement, any
<br />other agreement, certificate, document, or other instrument
<br />executed by the member and the Fund pursuant to this Agreement, and
<br />the rules and regulations now or hereafter promulgated by the Board
<br />of Trustees;
<br />
<br />c
<br />
<br />p. The member agrees to pay reasonable penalties as
<br />determined by the Board of Trustees for late payment of
<br />contributions required under this Agreement, or any other
<br />agreement, certificate, document, or other instrument executed by
<br />the member and the Fund pursuant to this Agreement; and
<br />
<br />q. The member agrees coverage by the Fund under the terms of
<br />this Agreement, or any other agreement, certificate, document, or
<br />other instrument executed by the member and the Fund pursuant to
<br />this Agreement, shall expire and be canceled, upon no less than ten
<br />(10) days prior written notice from the" Fund to the member, for
<br />nonpayment of contributions.
<br />
<br />r. The member agrees to abide by all the terms and
<br />conditions of this Agreement, the Participation Agreement, the
<br />Fund I s By-Laws, the rules and regulations, the terms of any
<br />coverage document issued by the Fund to the member, and any other
<br />agreement, certificate, document, or other instrument executed by
<br />the Fund and the member pursuant to the Agreement.
<br />
<br />ARTICLE VII - MISCELLANEOUS
<br />
<br />Section~. Amendments
<br />
<br />c
<br />
<br />Except as otherwise provided herein, this Agreement may be
<br />amended in writing at any duly called meeting by the concurrence of
<br />a majority of the Board of Trustees. However, this Agreement may
<br />not be amended so as to change its purpose as set forth in this
<br />Agreement, to permit the diversion or application of any of the
<br />funds of the Fund for any purpose other than those specified
<br />herein, or to alter the nature and extent of liability assumed by
<br />the initial parties to this Agreement in executing this Agreement.
<br />In addition, the provisions herein relating to merger or
<br />consolidation, reelection, length of appointment, qualifications
<br />and limitations on service, and removal-of Trustees may not be
<br />amended without the prior approval of the Board of Directors of the
<br />
<br />[Q]
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