Common use of De Minimus Exception Clause in Contracts

De Minimus Exception. Employer agrees that a medical service line (other than those listed in items (1) through (8) above), practice management service or other business in which Employer is engaged shall not be considered to be a part of Employer’s Business if such medical service line, practice management service or other business constitutes less than three percent (3%) of Employer’s annual revenues.

Appears in 9 contracts

Samples: Employment Agreement (Pediatrix Medical Group, Inc.), Employment Agreement (Pediatrix Medical Group, Inc.), Employment Agreement (Pediatrix Medical Group, Inc.)

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De Minimus Exception. Employer agrees that a medical service line (other than those listed in items (1) 1 through (8) 9 above), practice management service or other business in which Employer is engaged shall not be considered to be a part of Employer’s Business if such medical service line, practice management service or other business constitutes less than three percent (3%) of Employer’s annual revenues.

Appears in 4 contracts

Samples: Employment Agreement (Mednax, Inc.), Employment Agreement (Mednax, Inc.), Employment Agreement (Mednax, Inc.)

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De Minimus Exception. Employer agrees that a medical service line (other than those listed in items (1) 1 through (8) 9 above), practice management service or other business in which Employer is engaged shall not be considered to be a part of Employer’s 's Business if such medical service line, practice management service or other business constitutes less than three percent (3%) of Employer’s 's annual revenues.

Appears in 2 contracts

Samples: Employment Agreement (Mednax, Inc.), Employment Agreement (Mednax, Inc.)

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