Common use of DEMINIMUS EXCEPTION Clause in Contracts

DEMINIMUS EXCEPTION. Employer agrees that a medical service line (other than those listed in items 1 through 5 above), practice management service or other business entered into by Employer 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 Fifteen Million Dollars ($15,000,000) of Employer's annual revenues.

Appears in 4 contracts

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

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DEMINIMUS EXCEPTION. Employer agrees that a medical service line (other than those listed in items 1 through 5 above), practice management service or other business entered into by Employer 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 Fifteen Million Dollars ($15,000,000) of Employer's ’s annual revenues.

Appears in 2 contracts

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

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