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 10 contracts

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

AutoNDA by SimpleDocs

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.)

AutoNDA by SimpleDocs

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.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!