Orange County NC Website
DocuSign Envelope ID:7B0EAFC2-08FE-4D8D-8809-FC9B16F772B3 <br /> E`y -- <br /> Arthur J. Gallagher& Co. <br /> BUSINESS WITHOUT BARRIERS" <br /> • Gallagher is not a trustee of the Plan(s)and is neither the Plan Administrator of the Plan(s),a fiduciary <br /> of the Plan(s), nor an employer which has employees in the Plan(s). Gallagher shall not exercise <br /> discretionary authority or control with respect to plan management, the disposition of plan assets or <br /> plan administration. <br /> • Gallagher's liability to Client, or any party claiming by or through Client,on account of or relating to the <br /> provision of services to Client during the period of the relationship between Gallagher and Client shall not <br /> exceed $20 million in the aggregate. Without limiting the foregoing, Gallagher shall only be liable for <br /> actual damages incurred by Client, and shall not be liable for any indirect, consequential or punitive <br /> damages. <br /> For Employers and Plan Sponsors Subject to ERISA: This Disclosure Statement is being given to the Client (1)to make <br /> sure Client knows about Gallagher's and Gallagher affiliates' income before purchasing the insurance product and(2)for plans <br /> subject to ERISA,to comply with the disclosure, acknowledgment and approval requirement of Prohibited Transaction Class <br /> Exemption No. 84-244, which protects both Client and Gallagher5. Disclosure must be made to an independent plan fiduciary <br /> for the ERISA Plan(s), and Client acknowledges and confirms that this is a reasonable transaction in the best interest of <br /> participants in its ERISA Plan(s). <br /> For more information on Gallagher's compensation arrangements, please visit <br /> www.ajg.com/compensation. In the event a Client wishes to register a formal complaint regarding <br /> compensation Gallagher receives,please send an email to Compensation Complaints @ajg.com or send a <br /> letter to: AVC Compliance Officer,do Internal Audit Department,Arthur J. Gallagher&Co.,Two Pierce <br /> Place,Itasca,IL 60143. <br /> Thank you for your business and continued confidence in the services Gallagher provides to you <br /> and your employees. We sincerely appreciate the opportunity to serve Orange County, North Carolina. <br /> Please let us know if you have any questions regarding this information or would like more detail. <br /> GALLAGHER BENEFIT SERVICES,INC. <br /> DocuSigned by: <br /> By: <br /> GVt0SfblA, <br /> 2mE2AFr`511194B1._- <br /> Name: Wes Grigston <br /> Title: Area Vice President <br /> Date: 08/22/2016 <br /> Accepted by:INSERT FULL LEGAL CLIENT NAME <br /> DocuSigned by: <br /> By: bv't,lit.A 1561446644o <br /> B-1-998B-269P91481- <br /> Name: Brenda Bartholomew <br /> Title: HR Director <br /> Date: <br /> Which allows an exemption from a prohibited transaction under Section 408(a)of the Employee Retirement Income Security Act of 1974 <br /> (ERISA). <br /> 5 In making these disclosures,no position is taken,nor is one to be inferred,regarding the use of assets of a plan subject to ERISA to purchase <br /> such insurance. <br /> Gallagher Client Coverage Acknowledgment <br /> 05302014 <br /> 02016 GALLAGHER BENEFIT SERVICES,INC. ARTHUR J.GALLAGHER&CO.I AJG.COM <br />