Laserfiche WebLink
A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RYAN L. BUTLER, CLERK <br />of termination. In the event Client enacts its' termination rights under this Section, RIGHTWAY agrees <br />that Client will not forfeit monies due Client in accordance with the terms of this Agreement. <br />Section 5.07. Effect of Termination; Other Remedies. Termination of this Agreement shall not affect <br />Client's financial responsibility for Covered Product Claims or any other amounts due and payable to <br />RIGHTWAY for Services provided prior to termination. A party's right to terminate this Agreement shall <br />not be exclusive of any other remedies available to such party under this Agreement, at Law or in equity. <br />In the event Client terminates this Agreement prior to the end of the Initial Term, on a prorated basis, Client <br />shall refund to RIGHTWAY the amount of any general credit or other allowances paid to Client during the <br />Initial Term of this Agreement. <br />Section 5.08. No Consent; Notice to Third Parties. This Agreement may be terminated without the <br />consent of, or notice to, any Eligible Person, any Participating Pharmacy or other third parties. <br />Notwithstanding the foregoing, RIGHTWAY may advise Participating Pharmacies and Manufacturers of a <br />pending or actual termination of this Agreement. <br />Section 5.09. Run -Out Period. Client shall continue to assume full responsibility for the funding of <br />Covered Product Claims incurred prior to the effective date of termination of this Agreement and for the <br />payment of RIGHTWAY's Fees. RIGHTWAY will process all Claims received up to the date of <br />termination of this Agreement. Any unprocessed Claims incurred prior to the date of termination will be <br />processed by RIGHTWAY for a period of three (3) months following the termination of this Agreement <br />("Run -Out"). During the Run -Out period, Client will pay RIGHTWAY any applicable post termination <br />fees as stated in Exhibit 3 (Administrative Services Fee Schedule) in effect at the time of termination, or as <br />otherwise agreed upon, and shall be responsible for funding of Covered Product Claims processed during <br />the Run -Out period. <br />Section 5.10. Survival. In the event of termination of this Agreement for any reason, the parties shall <br />remain bound by and continue to be subject to Section 3.06 (Client's Authority Over Plans); Section 3.08 <br />(Review of Reports, Statements, and Invoices); Section 3.09 (Escheat); Section 4.02(d) (Not Plan Assets); <br />Section 4.04 (Taxes and Assessments); Section 4.05 (Payments to Client); Section 5.07 (Effect of <br />Termination; Other Remedies); Section 5.09 (Run -Out Period); Article VI (Limited Warranty, Insurance, <br />Liability, Indemnification), Article VIII (Records; Confidentiality); Article IX (Dispute Resolution <br />Procedures); Article X (Miscellaneous); and any other provision which by its nature survives termination. <br />Section 5.11. Post -Termination. <br />(a) In the event of any expiration or termination of this Agreement (other than <br />termination by RIGHTWAY resulting from Client's breach), RIGHTWAY agrees that it will pay or credit <br />to Client all monies owed to Client (Rebates, Performance Standards, financial reconciliations, etc.) in <br />accordance with the payment reconciliation terms of this Agreement. <br />(b) In the event that RIGHTWAY terminates this Agreement due to a Material Breach <br />of this Agreement by Client, RIGHTWAY shall have no further obligation following the date of such <br />Material Breach to pay Client any Rebates, or any other amount that may be payable by RIGHTWAY to <br />Client. Notwithstanding the foregoing, such amounts payable prior to the date of termination shall be used <br />by RIGHTWAY to offset damages sustained as a result of Client's Material Breach and/or as payment for <br />monies owed by Client. <br />Z <br />This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc. and may not be reproduced, <br />transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc. <br />