Common use of FORMATION AND OPERATION OF THE ADVISORY BOARD Clause in Contracts

FORMATION AND OPERATION OF THE ADVISORY BOARD. Manager and Practice shall establish an Advisory Board responsible for advising Manager in connection with the development of management and administrative policies for the overall operation of the medical practice of Practice. The Advisory Board shall consist of four (4) members. Manager shall designate, in its sole discretion and from time to time, two (2) members of the Advisory Board. Practice shall designate, in its sole discretion and from time to time, two (2) members of the Advisory Board. Except as may otherwise be provided, the act of a majority of the members of the Advisory Board shall be the act of the Advisory Board.

Appears in 9 contracts

Samples: Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp)

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FORMATION AND OPERATION OF THE ADVISORY BOARD. Manager and Practice shall establish an Advisory Board responsible for advising Manager in connection with the development of management and administrative policies for the overall operation of the medical practice of Practice. The Advisory Board shall consist of four (4) members. Manager shall designate, in its sole discretion and from time to time, two (2) members of the Advisory Board. Practice shall designate, in its sole discretion and from time to time, two (2) members of the Advisory Board. Except as may otherwise be provided, the act of a majority of the members of the Advisory Board shall be the act of the Advisory Board.the

Appears in 1 contract

Samples: Management Services Agreement (Physicians Specialty Corp)

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