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.. Y c]formwagea1,Cae it we Ek'rcht a <' ...... <br /> December 4,2009 <br /> City of Rancho Palos Verdes <br /> Client#3468-Attn:Christy Brummet <br /> 30940 Hawthorne Blvd. <br /> Racho Palos Verdes,CA 90275 <br /> Dear Client: <br /> We would like to extend our 2010 FSA/HRA/T&P Annual Billing discount offer to you for another year. WW <br /> assesses a minimum monthly charge for FSA/HRA/T&P administration,which is$150 per month or a total of <br /> $1,800 for the year. In order to reduce time and expense spent by both you and WW,we make the following <br /> offer: <br /> • If you agree to pay your full annual FSA/HRA/T&P administration fee for 2010,we will give you a discount <br /> of$100(about 5.5%). Your total administration fee will now be$1,700 instead of$1,800. In addition,if <br /> payment is received before January 15,2010,we will also discount any amendment charges that may be <br /> required due to legislative or plan changes next year by 20%.Typically,these fees range from$150-250 <br /> per amendment. <br /> • In the event that your participant counts fluctuate during the year and move you from the minimum <br /> monthly charge,we'll make an adjustment for the additional administration fees at year-end. Unless you <br /> are having tremendous growth and are hiring consistently throughout the year,we don't anticipate much <br /> fluctuation. <br /> • If you would like to take advantage of this offer for next year,all you need to do is check one of the boxes <br /> and sign the area below accepting this offer,and return this letter to our accounting department by <br /> December 31,2009. We will then invoice you for the discounted annual amount. If you would like to pay <br /> now,just send your check for$1,700 and your account will be credited. <br /> YES! I wish to take advantage of this discount offer (Please check one of the following boxes): <br /> Please send an invoice for the$1,700 annual fee. <br /> 0 Payment of the$1,700 fee is enclosed. No invoice is needed. <br /> Please EMAIL to Accounting.Vista@wageworks.com <br /> , Or FAX to 866.672.3628 <br /> Signature and Date <br /> Thank you for your business this past year and we look forward to another great year. If you have any questions, <br /> please contact Daniel Grant at daniel.grant@wageworks.com or 760.509.0120. <br /> Sincerely, <br /> Daniel Grant,CFC <br /> Assistant Controller <br />