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6 <br />21. Health Care Regulatory Covenants. The parties acknowledge and agree that <br />the compensation set forth in this Agreement is commercially reasonable and <br />represents the fair market value of the services to be provided. Further, this <br />Agreement has been negotiated in an arm’s length transaction and has not been <br />determined in a manner which takes into account the volume or value of <br />referrals or other business that may be generated between the parties. The <br />parties agree that the medical director services are necessary se rvices, and <br />services for which neither the University nor the Physicians are otherwise <br />generally compensated. The parties hereby support a patient’s right to select the <br />medical facilities and providers of their choice. <br /> <br />22. Signatures. This Agreement together with any amendments or modifications <br />may be executed electronically. All electronic signatures affixed hereto <br />evidence the intent of the Parties to comply with Article 11A and Article 40 of <br />North Carolina General Statute Chapter 66. <br /> <br /> <br />IN WITNESS WHEREOF, the parties hereto have duly and validly authorized and <br />executed this Agreement this the 1st day of July 2020. <br /> <br />FOR AND ON BEHALF OF THE UNIVERSITY OF NORTH CAROLINA <br />AT CHAPEL HILL <br /> <br /> <br />___________________________ <br />Alison Melvin for A. Wesley Burks, MD <br />Dean, SOM and VC, Medical Affairs <br /> <br />_______________________________ <br /> <br /> <br /> <br /> <br />FOR AND ON BEHALF OF THE COUNTY OF ORANGE <br /> <br /> <br />_______________________________ <br />Bonnie Hammersley, County Manager <br /> <br /> <br /> <br /> <br /> UNC SOM #18-0743.t004 <br />Nov 2, 2020 <br />DocuSign Envelope ID: 86EFBE80-B26A-4B98-984D-32FF25A95668 <br />11/5/2020