Orange County NC Website
(b) Upon suspension, revocation or termination of this <br /> Franchise, Grantee, shall immediately cease all <br /> operations authorized by the Franchise. <br /> (c) Upon suspension, revocation or termination of a <br /> Driver' s license such Persons shall cease to drive an <br /> Ambulance or other EMS Services Vehicle. Upon <br /> suspension, .revocation or termination of an <br /> attendant ' s certificate, i .e. , EMT or EMT-P <br /> certificate, such Persons shall cease to attend <br /> patients or otherwise provide medical care. Grantee <br /> shall not permit the foregoing Persons to drive an <br /> Ambulance or other EMS Services Vehicle or provide <br /> medical care in conjunction with the EMS Services. <br /> (d) In the event that Grantee shall at any time during the <br /> Franchise desire to sell any of the real and personal <br /> property identified in Exhibit B (hereafter "Asset" or <br /> "Assets") pursuant to a bona fide offer which it shall <br /> have received, it shall offer to sell any such Asset <br /> or Assets. (hereafter "Asset or Assets for Sale") to <br /> Grantor at the same price. <br /> as that contained in such <br /> bona fide offer. The offer to Grantor to sell an Asset <br /> shall be in writing and shall include a copy of the <br /> bona fide offer for the Asset received by the Grantee . <br /> Grantor shall have 60 days from and after receipt <br /> thereof to decide whether or not to purchase the Asset <br /> or Assets for Sale at such price. If Grantor shall <br /> give notice of intent not to purchase or shall give no <br /> notice within the time herein limited, Grantee may <br /> accept such offer and proceed with the sale <br /> thereunder. If Grantor notifies Grantee .that it elects <br /> to purchase the Asset or Assets for Sale at such <br /> price, the parties shall enter into a contract of <br /> purchase and sale forthwith. Such contract shall <br /> provide, among other things, for the conveyance of <br /> good and marketable title by warranty deed. Upon <br /> dissolution of the Grantee pursuant to N.C. Gen. Stat . <br /> 55A-14-1, et seq. , the Assets shall be either: (a) <br /> distributed to one or more appropriate receiving <br /> successor Franchisee (s) that will carry on, in orange <br /> County, the functions of ambulance, first responder, <br /> rescue or other related emergency services meeting one <br /> or more exempt purposes within the meaning of <br /> 501 (c) (3) of the Internal Revenue Code (or the <br /> corresponding section of any future federal tax code) <br /> 18 <br />