TERMS / DURATION /TERMINATION. (i) The engagement of Chemist as empanelled Chemist will be purely contractual during the period of this contract and shall be valid for a period of one year, renewable every year on satisfactory services, and extended for a maximum period of five years. (ii) If either party seeks to terminate this contract, the terminating party must provide 30 days’ notice to the other party or payment @ Rs. 10,000 (Rupees Ten Thousand only) in lieu of the notice period. However, the ESIC reserves the right to terminate the Contract by giving notice of Seven days, if the Chemist is in breach of contract. Also, the ESIC is entitled to rescind the contract by reason of Chemist’s misrepresentation, undue influence or duress or where some unforeseen event that may prevent the parties to perform the contract. (iii) The contract period as mentioned in agreement will commence with effect from the date of signature by both parties and will be counted only from that date on which after the execution of this agreement by both parties. (iv) The Regional Office/DCBO, at the time of empanelment of an eC shall be tagging an IMP Clinic so as to help beneficiaries avail services from these eC. More than one eC can be attached to an IMP Clinic or vice versa to bring in ease of service delivery and competition. There shall be no capping on number of IP-Family units that can be tagged to any eC. (b)
