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A-}~-achr~en+ 3 ,s N O R T H C A R D L I N A ASSOCIATION OF COUNTY COMMISSIONERS INTERLOCAL AGREEMENT FOR A GROUP SELF-INSURANCE FUND FOR RISK SHARING OR GROUP PURCHASE OF COVERAGE This Agreement is made and entered into by and between all the parties who join together to become Members of the North Carolina Association of County Commissioners Risk Management Agency (hereinafter referred to as the "Risk Pool"). The Risk Pool acts by and through its Board of Trustees as provided herein and as provided within the Bylaws of the Risk Pool. The Risk Pool encompasses the North Carolina Association of County Commissioners Joint Risk Management Agency Workers' Compensation Fund {hereinaf#er referred to as the "Workers' Compensation Pool"); the North Carolina Association of County Commissioners North Carolina Counties Liability And Property Joint Risk Management Agency {hereinafter referred to as the "Liability and Property Poo!"); and the North Carolina Association of County Commissioners Health Insurance Trust (hereinafter referred to as the "Group Benefits Pool°; all three are referred to collectively as "Pools"}. ARTICLE 1. PURPOSE 1. To carry out the desire of certain counties and governmental entities of the State of North Carolina to create and become the Risk Pool, and to enable these coun#ies to pool the retention of their risks, liabilities or payments, or for the group purchase of coverage, pursuant to the provisions of North Carolina General Statutes 153A 92(d), 153A-445(a)(1) and 160A-460 through 160A-466. 2. To be governed and directed through the efforts of the Risk Pool Board of Trustees, as described in the Bylaws of the Risk Pooi, which are incorporated by reference into this Agreement. 3. To provide for the discharge, from the assets of the Risk Pool, from funds roller#ed from Members, and through excess or other insurance purchased by the Risk Pool, in accordance with the terms and scope of the contracts of coverage and as determined by the participation of the individual Members of the Risk Pool, of any: a) insurance premiums; b) covered property losses incurred; c}lawful liability claims against any member of the Liability and Property Pooi in which awards have been sustained by final judgment or by the rules of the Risk Pool if settlement is made; d) claims for health benefits covered by the plan for members of the Group Benefits Pool and e} lawful workers' compensation claims against members of the Workers' Compensation Pool, when awards have been sustained by final judgment ar by the rules of the Risk Pool if settlement is made. 4. To provide for payment by Members of the Risk Pool of contributions based upon appropriate classi#ications, rates, experience modifications, or other methodologies, out of a portion of which the Risk Pool will establish and main#ain a fund far the payment of covered claims, losses and the administrative costs of operating the Risk Pool. Interlocal Agreement Page 1 of 6 Amended December 2009