Common use of Participation Term Clause in Contracts

Participation Term. Participant agrees that the initial term of participation in the eHealth Exchange shall commence on the Effective Date and expire on the first anniversary of the Effective Date (“Initial Term”). Following the Initial Term, Participant’s payment of all applicable fees, which will vary based upon the services that Participant chooses to obtain from eHealth Exchange, no later than last day of the Initial Term shall constitute a renewal of its participation in the eHealth Exchange, provided that Participant continues to meet all other requirements for participation in the eHealth Exchange as defined by the Coordinating Committee (“Renewal Term”). Each Renewal Term shall be valid for one year. In accordance with Section 4 of this Agreement, failure to make a timely renewal payment shall be cause for suspension or termination of access to and participation in the eHealth Exchange.