Common use of Budget Surplus Reconciliation Clause in Contracts

Budget Surplus Reconciliation. Medical Group shall receive *** of the Budget Surplus, until such time as Medical Group has received the applicable Capitation Restoration Amount. If the Budget Surplus exceeds the Capitation Restoration Amount, then PacifiCare and Medical Group shall each be entitled to *** of the remaining Budget Surplus.

Appears in 3 contracts

Samples: Medical Group Services Agreement (Prospect Medical Holdings Inc), Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc), Pacificare Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

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Budget Surplus Reconciliation. Medical Group shall receive *** of the Budget Surplus, until such time as Medical Group has received the applicable Capitation Restoration Amount. If the Budget Surplus exceeds the Capitation Restoration Amount, then PacifiCare and Medical Group shall each be entitled to *** fifty percent (50%) of the remaining Budget Surplus.

Appears in 1 contract

Samples: Medical Group Services Agreement (Prospect Medical Holdings Inc)

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Budget Surplus Reconciliation. Medical Group shall receive *** of the Budget Surplus, until such time as Medical Group has received the applicable Capitation Restoration Amount. If the Budget Surplus exceeds the Capitation Restoration Amount, then PacifiCare and Medical Group shall each be entitled to *** one-half of the remaining Budget Surplus.

Appears in 1 contract

Samples: Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

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