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<br />VII. Termination <br />1. Term of this initial Agreement shall be from its effective date through April 30, 2007, at 12:01 a.m. The <br />Employer member may annually renew the Agreement for the subsequent twelve (12) month period (May I <br />through April 30) by executing and returning the Pool's rerate notice and benefit selection for each year. <br /> <br />2. Either party may terminate this Agreement at anytime by giving the other party written notice at least thirty <br />(30) days prior to the specified date. <br /> <br />3. This Agreement terminates, without further notice, on the date the undersigned Employer is no longer an <br />Employer Member of the Pool. <br /> <br />4, All records in possession of the Pool relating to Continuation of Coverage administration at termination of <br />the Agreement will be transferred to the Employer within forty-five (45) business days. <br /> <br />5, Should this Agreement terminate for any reason it does not relieve either party of their duties nor obligations <br />during the period when this Agreement was in full force and effect. <br /> <br />This Agreement is entered into for the Employer Member under authorization of <br /> <br />, at a duly called <br /> <br />meeting held on <br /> <br />by: <br /> <br />(Signature) <br /> <br />City of Paris <br />(Employer Member/Group Name) <br /> <br />(Authorized Official Title) <br /> <br />(Date) <br /> <br />This Agreement Entered Into and Accepted By: <br /> <br />TML INTERGOVERNMENTAL EMPLOYEE BENEFITS POOL <br /> <br />BY: <br />TITLE: Executive Director <br /> <br />at Austin, Texas <br /> <br />Date <br />