Common use of Organizational Change Clause in Contracts

Organizational Change. It is recognized that NAMM, the Company or its affiliated Hospitals, Physician Organizations and/or PHOs may undergo organizational changes during the term of this Agreement for good and valid reasons that are important to their future success. It is also recognized that the obligations and relationships established by this Agreement implement important strategies for the Parties and must, therefore, be protected from any harmful influence that might be caused by organizational evolution.

Appears in 2 contracts

Samples: Management Agreement (Phycor Inc /Tn/), Management Agreement (Phycor Inc /Tn/)

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Organizational Change. It is recognized that the NAMM, NHN, the Company or its affiliated Hospitals, Physician Organizations and/or PHOs may undergo organizational changes during the term of this Agreement for good and valid reasons that are important to their future success. It is also recognized that the obligations and relationships established by the Master Agreement and this Agreement implement important strategies for the Parties and must, therefore, be protected from any harmful influence that might be caused by organizational evolution.

Appears in 2 contracts

Samples: Management Agreement (Phycor Inc /Tn/), Management Agreement (Phycor Inc /Tn/)

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