Notice of Termination of Service and License Agreement between Blue Cross Blue Shield of Texas and CareAdvantage, Inc.

Contract Categories: Business Operations › Termination Agreements
Summary

Blue Cross Blue Shield of Texas (BCBSTX) is notifying CareAdvantage, Inc. that it will terminate their Service and License Agreement, effective November 30, 2010. This letter serves as the required 90-day advance written notice, as specified in the agreement. The notice is issued without cause, in accordance with the contract terms. BCBSTX thanks CareAdvantage for its services during the partnership.

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EX-10.1 2 v195762_ex10-1.htm
 
Exhibit 10.1
 
 
BlueCross Blue Shield
of Texas
 

 

 
August 30, 2010
 

 
Mr. Dennis Mouras
President and CEO
CareAdvantage, Inc.
Metropolitan Corporate Center
485-C Route One South
Iselin, NJ  08830

Dear Mr. Mouras:
 
In accordance with Section 5.2.2, “Termination without Cause”, of the Service and License Agreement between CareAdvantage, Inc. (“CareAdvantage” or “CAI”) and Blue Cross and Blue Shield of Texas, a division of Health Care Service corporation, a Mutual Legal Reserve Company (“BCBSTX”) effective August 15, 2003 (the “Agreement”), this letter serves as ninety (90) days prior written notice of BCBSTX’s intent to terminate the Agreement effective November 30, 2010.
 
We would like to thank you for the services your organization has provided over the years.
 
Sincerely,
 
/s/ Cynthia A. Johnson
 
Cynthia A. Johnson
Vice President
Health Care Clinical Operations

CAJ:dmc