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ARTICLE III <br />DEFINITIONS <br />In this Agreement unless the context otherwise requires: <br />A. "Administrative Premium" means the amount charged to each Member <br />Entity by the Authority for the Authority's general operating costs and expenses. <br />Administrative Premium shall not include any cost, expense or loss reserve chargeable to <br />a Member Entity under a Program Premium. <br />B. "Board" or "Board of Directors" is the governing body of the Authority <br />constituted as set forth in Article VIII of this Agreement; <br />C. "Coverage Agreement" is the agreement between the Authority and a <br />Member Entity describing a specific Program, the Member Entity's participation therein, <br />the term of such participation and the amount and/or the method for determining the <br />amount of Program Premium for such Program. <br />D. "Coverage Period" is the term of a Coverage Agreement. <br />E. "Excess Insurance" is that insurance purchased by the Authority for the <br />benefit of Member Entities to cover losses in excess of the Coverage provided by the <br />Authority under a specific Coverage Agreement. <br />F. "Member Entity" includes each public entity which is a party to this <br />Agreement. <br />G. "Premium" is the total of all Program Premiums and the Administrative <br />Premium payable by a Member Entity to the Authority for said Member Entity's <br />participation during a Coverage Period. <br />H. "Program Premium" is the sum of money determined pursuant to this <br />Agreement, the Bylaws, the Program Committee Bylaws and the Coverage Agreement for <br />a specific Program, as the amount due from each Member Entity for participating in such <br />Program for the Coverage Period. <br />I. "Program" is the specific risk, scope, type or area of insurance services, <br />including, without limitation, the funding of loss reserves, where applicable, as prescribed <br />in the Coverage Agreement, and may encompass such specific areas as comprehensive <br />general liability, property, worker's compensation, or employee benefits. <br />ARTICLE IV <br />PARTIES TO AGREEMENT <br />Each Member Entity certifies that it intends to and does contract with every <br />other Member Entity who is a signatory to this Agreement and, in addition, with such <br />-3- BCJPIA Joint Powers Agreement <br />