This Group Purchasing Agreement is entered into by and between Veira Medical Group “Veira” and “Member” indicated below. Veira and Member agree as follows:
Additional Locations: Member warrants that it owns and/or manages each of the practices listed on the attached
Schedule 1 and that it has the legal authority to enter into this Agreement on their behalf. This Agreement shall apply
collectively to the practices identified above and in Schedule 1 of this Agreement. Member shall provide prompt written
notice to Veira of all additions and changes to Schedule 1, and Veira has the authority to roster additional practices from
notice from the Member or distributors who the Member is a customer of.
Group Purchasing Agency: Member authorizes Veira as its agent to negotiate and enter into agreements with vendors
in order to make agreements available to Member. Member authorizes Veira as its agent to negotiate and enter into
affiliation agreements with other group purchasing organizations (“Affiliate GPOs”) and to enroll Member in Affiliate GPOs
in order to make their agreements available to Member.
Vendor Agreements: The agreements made available to Member whether entered into by Veira or any Affiliate GPO shall
be cumulatively referred to as “Vendor Agreements”. Member agrees to comply with the terms and conditions of any
Vendor Agreement through which it chooses to make any purchase.
No Obligation to Purchase: Member is not obligated to make any purchase under this Agreement.
Own Use: Member represents and warrants that any purchase made through any Vendor Agreement under this
Agreement will be for Member’s “Own Use” and not for resale.
Rebates: Any rebates due to Member based on Member’s purchases through any Vendor Agreement, if received by Veira
or its Affiliate GPO’s, will be forwarded to Member at least quarterly. Member is solely responsible for reporting any such
rebate as required by law.
Administrative Fees: Veira discloses to Member that it and its affiliate GPO’s receive administrative fees from contracted
vendors based on purchases made by Member. The administrative fee varies according to each Vendor Agreement and
is generally (3%) or less of the purchase price of the goods or services purchased by Member; Veira or its Affiliate GPO will
report to Member any administrative fee that is greater than three percent (3%). Veira and its Affiliate GPOs will report to
Member the fees received under each Vendor Agreement for purchases made by member.
Confidentiality: Member agrees to keep strictly confidential, hold in trust, and not disclose any Confidential Information
(defined below) received from Veira and its Affiliate GPOs. “Confidential Information” means any trade secrets or
proprietary information including but not limited to programs, services, systems, pricing, agreements or information
technology shared with Member by Veira and its Affiliate GPOs.
Administrative Fee and Purchases Disclosure: Member may access purchase volume reported to Veira from contracted
suppliers and GPO partners at anytime on Veira’s website (www.veiramedical.com) through the Member Section.
Warranties: Veira and its Affiliate GPOs make no express or implied representation or warranties under this Agreement
including but not limited to any Vendor Agreement, the products or services offered thereunder, or their suitability for any
purpose. Any analysis, pricing, or product information is provided as is with no guarantee of accuracy or completeness.
Limitation of Liability: Member acknowledges that Member is solely responsible for deciding which if any products or
services to purchase through the Vendor Agreements. Accordingly, Member acknowledges and agrees that Veira, its
Affiliate GPOs and their respective officers, directors, shareholders, employees, agents and contractors shall not have any
liability of any nature or kind whatsoever for any personal injury, property damage, lost profits, attorney’s fees, court costs
or any other damages, legal, equitable or otherwise, caused either directly or indirectly by or related to the products or
services offered or sold under the Vendor Agreements. Member agrees to hold Veira and its Affiliate GPOs harmless from
all losses, damages and costs, of any nature or kind whatsoever (including, but not limited to attorney’s fees and court
costs) incurred by Veira or its Affiliate GPOs from Member’s breach of any of the terms and conditions of this Agreement or
in any other way relating to this Agreement.
Compliance with Law: Each party agrees that it shall at all times during the term of this Agreement observe and comply
with all applicable federal, state, and local laws and regulations in connection with its performance under this Agreement.
Term & Termination: The initial term of this Agreement will be for one year for the General Program commencing on the
date it is signed by Veira. Thereafter, the Agreement automatically renews for one-year periods on each anniversary of the
Effective Date unless terminated: (i) at any time for a breach; or (ii) for any reason by providing the other party 90 days
written notice.