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: Ipa Services Agreement (Prospect Medical Holdings Inc), Ipa Services Agreement (Prospect Medical Holdings Inc), 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: 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: Services Agreement (Prospect Medical Holdings Inc)

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