Common use of Addendum Term and Renewal Clause in Contracts

Addendum Term and Renewal. TERM OF ADDENDUM This addendum is effective from the date of CMS’ authorized representative’s signature through December 31, 2016. This addendum shall be renewable for successive one‑year periods thereafter according to 42 C.F.R. §423.506. QUALIFICATION TO RENEW ADDENDUM In accordance with 42 C.F.R. §423.507, Contractor will be determined qualified to renew this addendum annually only if— Contractor has not provided CMS or EOHHS with a notice of intention not to renew in accordance with Article VII of this addendum. Although Contractor may be determined qualified to renew its addendum under this Article, if Contractor, CMS, and EOHHS cannot reach agreement on the Part D plan benefit package under Subpart F of 42 C.F.R. Part 423, no renewal takes place, and the failure to reach agreement is not subject to the Appeals provisions in Subpart N of 42 C.F.R. Parts 422 or 423. (Refer to Article X for consequences of non‑renewal on the Capitated Financial Alignment Contract.)

Addendum Term and Renewal. TERM OF ADDENDUM This addendum is effective from the date of CMS’ authorized representative’s signature through December 31, 20162014. This addendum shall be renewable for successive one‑year one-year periods thereafter according to 42 C.F.R. §423.506. QUALIFICATION TO RENEW ADDENDUM In accordance with 42 C.F.R. §423.507, Contractor will be determined qualified to renew this addendum annually only if— Contractor has not provided CMS or EOHHS with a notice of intention not to renew in accordance with Article VII of this addendum, and CMS or EOHHS has not provided Contractor with a notice of intention not to renew. Although Contractor may be determined qualified to renew its addendum under this Article, if Contractor, CMS, and EOHHS cannot reach agreement on the Part D plan benefit package under Subpart F of 42 C.F.R. Part 423, no renewal takes place, and the failure to reach agreement is not subject to the Appeals provisions in Subpart N of 42 C.F.R. Parts 422 or 423. (Refer to Article X for consequences of non‑renewal non-renewal on the Capitated Financial Alignment Contract.)

Addendum Term and Renewal. TERM OF ADDENDUM This addendum is effective from the date of CMS’ authorized representative’s signature through December 31, 2016. This addendum shall be renewable for successive one‑year one-year periods thereafter according to 42 C.F.R. §423.506. QUALIFICATION TO RENEW ADDENDUM In accordance with 42 C.F.R. §423.507, Contractor will be determined qualified to renew this addendum annually only if— Contractor has not provided CMS or EOHHS with a notice of intention not to renew in accordance with Article VII of this addendum, and CMS or EOHHS has not provided Contractor with a notice of intention not to renew. Although Contractor may be determined qualified to renew its addendum under this Article, if Contractor, CMS, and EOHHS cannot reach agreement on the Part D plan benefit package under Subpart F of 42 C.F.R. Part 423, no renewal takes place, and the failure to reach agreement is not subject to the Appeals provisions in Subpart N of 42 C.F.R. Parts 422 or 423. (Refer to Article X for consequences of non‑renewal non-renewal on the Capitated Financial Alignment Contract.)

Addendum Term and Renewal. TERM OF ADDENDUM This addendum is effective from the date of CMS’ authorized representative’s signature through December 31, 2016. This addendum shall be renewable for successive one‑year one-year periods thereafter according to 42 C.F.R. §423.506. QUALIFICATION TO RENEW ADDENDUM In accordance with 42 C.F.R. §423.507, Contractor will be determined qualified to renew this addendum annually only if— Contractor has not provided CMS or EOHHS with a notice of intention not to renew in accordance with Article VII of this addendum. Although Contractor may be determined qualified to renew its addendum under this Article, if Contractor, CMS, and EOHHS cannot reach agreement on the Part D plan benefit package under Subpart F of 42 C.F.R. Part 423, no renewal takes place, and the failure to reach agreement is not subject to the Appeals provisions in Subpart N of 42 C.F.R. Parts 422 or 423. (Refer to Article X for consequences of non‑renewal non-renewal on the Capitated Financial Alignment Contract.)