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15. 7'he Employer Member and the TML IEBP may contract for add'rtional administrative services <br />related to the Employer Member's employee benefit programs as long as the Employer Member is <br />a full medical risk participating member of the TML IEBP. <br />16. The Employer Member agrees that no Covered Participant shall have any claim against the <br />property of tlte trust. The rights of Covered Participants are limited to the benefits specified itt the <br />Plan. <br />17. The Employer Members desire to join together to purdiase life insurance benefiting their <br />Employecs, officials, and retirees and their dependents. Therefore, the Employer Member <br />authorizes the TML IEBP to purchase life insurance coverage insuring the lives of al! Covered <br />Participants andeF the Plan. • . <br />18. No bond is required of the Board of Trustees of the TML IEBA. <br />19. if any part of this Interlocal Agreement, save and except paragraph 3, is declared invalid, void or <br />unenforceable, the remaining parts and provisions sliall continue in full force and effect. It is <br />further agreed that venue for any dispute arising under the terms of this lnterlocai Agreement <br />shall be in Austin, Travis Counry, Texas. <br />20. This Interlocal Agreement represents the complete understanding of the TML IEBP and the <br />Empioyer Member and may not be amended, modiFied or attered without the written agreemcnt <br />of both parties. <br />21. The initial term of this lnterlocal Agreement shall be from the / 9 day of ls~n mo. rp , 20~q <br />ai 12:01 a.m. and continue until . Absent notice of termination, the <br />Employer Member may annually renew and extend the Interlocal Agreernent by cxecuting and <br />retuming the rerate notice and benefit selection form as authorized at the inception of this <br />Interlocal Agreement. <br />This Intcrlocal Agreernent is entered into for the Employer Member under authorization of <br />(EMPLOYER MEMBER) <br />at duly called meeting held on <br />By <br />(SIGNATURE) <br />Authorized Official Title <br />Datc <br />(Date of Meeting) <br />' L Interlocal Agreemem (rev. 06/05/W) - Pagc 4 ~ I <br />(Typed or Printed Name) <br />~ ~ ~ <br />