Termination for Cause by Solstice Clause Samples

Termination for Cause by Solstice. This Agreement may be terminated immediately by Solstice for cause, by delivering to Provider written notice stating: (i) the effective date of termination; (ii) reason(s) for the termination; and (iii) information regarding Provider’s right to appeal the termination to a panel of Provider’s peers. The term “cause” shall mean any of the following events: 1. In the event Provider commences an action for relief as a debtor under the United States Bankruptcy Laws, or any bankruptcy, receivership, insolvency, reorganization, dissolution, liquidation or similar proceeding is instituted against Provider or any of the Provider's principals; 2. Provider, any of its officers, directors, employees, shareholders or providers, have been charged with, indicted for, or convicted of any indictable criminal conduct; 3. Failure of Provider to render Covered Services in accordance with the standards of quality established by the vision practitioner community, Solstice, and all applicable Laws and guidelines; 4. Any action by any applicable State Board or other governmental agency which effectively impairs Provider’s ability to provide vision care and services; 5. Failure of Provider to meet and/or maintain compliance with credentialing standards; 6. Failure of Provider to maintain professional liability insurance coverage as required by this Agreement; 7. The willful breach, habitual neglect, or failure of Provider to abide by Solstice’s Protocols or determinations or any other activity for which Provider has received notice; 8. Commission of an act of fraud or theft against Solstice; 9. If Provider fails to comply with a Conformance Request in a timely manner; and 10. Good faith determination by Solstice that Provider’s continued participation under this Agreement may adversely affect the health, safety or welfare of any Enrollee.