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 expiring on the anniversary of the Effective Date. (“Initial Term”). Following the Initial Term, Participant’s payment of the then-current annual Participation Fee by the anniversary of the Effective Date (“Renewal Date”) 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. 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.

Appears in 4 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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