Article 11. (Termination of Agreement)
Insurer and Doctor / Hospital may terminate this Agreement upon provision of ninety (90) days’ written notice to the other party. In the case where Insurer or Doctor / Hospital is subject to any of the following conditions, the party not at fault may immediately terminate this Agreement without giving any prior notice to the other party.
① Either party defaults on this Agreement and such default is not remedied within a reasonable period after the non-defaulting party gives notice.
② There is a serious breach of trust.
③ An application for attachment, provisional attachment, public sale, civil rehabilitation, corporate reorganization, liquidation, special liquidation or bankruptcy is filed.
④ A promissory note or check of either party is dishonored or the party concerned otherwise becomes insolvent.
⑤ The party concerned is subject to a disposition for the recovery of taxes or public imposts in arrears.
⑥ An illegal act, anti-social act or any other serious event arises, making continued operation of this Agreement difficult.