MTBC Group Purchasing Organization

THIS AGREEMENT is between the Medical Practice named herein and MTBC Health, Inc. d/b/a Integrated Physician Solutions ("IPS”) Group Purchasing Organization. The Medical Practice and IPS agree to enter into an agreement in which IPS will act as a group-purchasing agent so that by becoming a Member of the IPS Group Purchasing Organization, the Medical Practice will gain access to nationally contracted IPS pricing. IPS will help Members retain eligibility for pricing under this agreement based upon a 90% market share with Sanofi Pasteur’s IPOL, Hib, and DTaP (Daptacel) or Tdap (Adacel), and Meningococcal vaccine (Menactra) and a 90% market share with Merck’s Hep A (Vaqta), Merck’s Hep B (Recombivax), Merck’s Rotavirus (Rotateq), and Merck’s HPV (Gardasil). IPS Group Purchasing Organization may receive an administrative fee ranging from 0%-5% from the participating manufacturers as payment for administering and managing the organization and ensuring organizational compliance.

Members in good standing with manufacturers are eligible to receive payment terms of net 90 days and a 2% prompt pay discount. Members agree to keep all IPS pricing and contract information strictly confidential except as may be required by any governmental programs, including but not limited to, Medicare and Medicaid. The Member is solely responsible for any and all returns. This Agreement may be canceled by either party hereto, with or without cause, through the provision of 30 days’ advanced written notice to the other party.

I understand and agree that any and all vaccines purchased through the IPS GPO are for my practice’s “own use” and that I will not engage in re-sale of any vaccine to any other entity or individual.

I understand and agree that should a dispute occur between the Member and the vaccine manufacturer or other supplier/vendor regarding billing, payments, return of product,or nature of product,or any other issue, the dispute will be resolved solely and directly between the Member and the vaccine manufacturer or supplier/vendor.