Common use of Notification of Issues Clause in Contracts

Notification of Issues. Pathologists shall notify Veracyte in writing within two (2) business days after Pathologists becomes aware of any one or more of the following events: (i) Any Approved Physician becomes the subject of any suit, action or other legal proceeding arising out of Pathologist’s professional services; (ii) Any Approved Physician is required to pay damages or any other amount in any malpractice action by way of judgment or settlement; (iii) Any Approved Physician becomes the subject of any disciplinary proceeding or action before any state’s medical board or similar agency responsible for professional standards or behavior; (iv) Any Approved Physician becomes permanently incapacitated or disabled from practicing medicine; (v) Any act of nature or any other event occurs which has a material adverse effect on any Approved Physician’s ability to perform the Services; (vi) Any Approved Physician is charged with or convicted of a felony, a misdemeanor involving fraud, dishonesty, or moral turpitude, or any crime relevant to the practice of medicine; or (vii) Any Approved Physician is debarred, suspended, excluded or otherwise ineligible to participate in any federal or state health care program.

Notification of Issues. Pathologists shall notify Veracyte in writing within two (2) business days after Pathologists becomes aware of any one or more of the following events: (i) Any Approved Physician becomes the subject of any suit, action or other legal proceeding arising out of Pathologist’s Pathologists’ professional services; (ii) Any Approved Physician is required to pay damages or any other amount in any malpractice action by way of judgment or settlement; (iii) Any Approved Physician becomes the subject of any disciplinary proceeding or action before any state’s medical board or similar agency responsible for professional standards or behavior; (iv) Any Approved Physician becomes permanently incapacitated or disabled from practicing medicine; (v) Any act of nature or any other event occurs which has a material adverse effect on any Approved Physician’s ability to perform the Services; (vi) Any Approved Physician is charged with or convicted of a felony, a misdemeanor involving fraud, dishonesty, or moral turpitude, or any crime relevant to the practice of medicine; or (vii) Any Approved Physician is debarred, suspended, excluded or otherwise ineligible to participate in any federal or state health care program.