Common use of MODIFICATION OR TERMINATION OF CONTRACT Clause in Contracts

MODIFICATION OR TERMINATION OF CONTRACT. A. CONTRACT MODIFICATION OR TERMINATION BY MUTUAL CONSENT 1. This contract may be modified or terminated at any time by written mutual consent of the parties. 2. If this contract is terminated by mutual consent, the PDP Sponsor must provide notice to its Medicare enrollees and the general public in accordance with CMS's instructions. 3. If the contract is modified by mutual consent, the PDP Sponsor must notify its Medicare enrollees of any changes that CMS determines are appropriate for notification according to the process and timeframes specified by CMS. 4. If a contract is terminated under section A of this Article, the PDP Sponsor must ensure the timely transfer of any data or files. B. TERMINATION OF CONTRACT BY CMS CMS may terminate the contract in accordance with 42 CFR Section 423.509.

MODIFICATION OR TERMINATION OF CONTRACT. A. CONTRACT MODIFICATION OR TERMINATION BY MUTUAL CONSENT 1. This contract may be modified or terminated at any time by written mutual consent of the parties. 2. If this contract is terminated by mutual consent, the PDP Sponsor must provide notice to its Medicare enrollees and the general public in accordance with CMS's CMSs instructions. 3. If the contract is modified by mutual consent, the PDP Sponsor must notify its Medicare enrollees of any changes that CMS determines are appropriate for notification according to the process and timeframes specified by CMS. 4. If a contract is terminated under section A of this Article, the PDP Sponsor must ensure the timely transfer of any data or files. B. TERMINATION OF CONTRACT BY 5. If a contract is terminated under section A of this Article, CMS CMS may terminate cannot enter into a contract with the contract in accordance with 42 CFR Section 423.509organization for a period of up to 2 years unless there are special circumstances that warrant special consideration, as determined by CMS.