Common use of ORTHODONTIC ENTITY'S AND ORTHODONTIST'S INTERNAL MATTERS Clause in Contracts

ORTHODONTIC ENTITY'S AND ORTHODONTIST'S INTERNAL MATTERS. The Orthodontic Entity and Orthodontist shall be responsible for matters involving their respective corporate governance, employees and similar internal matters, including, but not limited to, preparation and contents of such reports to regulatory authorities governing the Orthodontic Entity and Orthodontist that the Orthodontic Entity or Orthodontist are required by law to provide, distribution of professional fee income among Orthodontist or the shareholders of the Orthodontic Entity, disposition of the Orthodontic Entity's and Orthodontist's property and stock and hiring and firing of their employees and licensing. Except for the expenses attributable to the distribution of professional fee income among Orthodontist or the shareholders of the Orthodontic Entity which will be included in Excluded Orthodontic Entity and Orthodontist Expenses, the costs incurred in connection with the foregoing matters shall be Orthodontic Entity and Orthodontist Expenses. The legal, accounting and other professional services fees incurred by Orthodontist or the Orthodontic Entity in connection with the internal matters of the Orthodontic Entity, the personal accounting of the Orthodontic Entity and Orthodontist and similar internal and personal matters, including without limitation, the costs associated with enforcing any contract with a Orthodontic Entity Professional Employee (other than as set forth in SECTION 5.8), shall be Excluded Orthodontic Entity and Orthodontist Expenses.

ORTHODONTIC ENTITY'S AND ORTHODONTIST'S INTERNAL MATTERS. The Orthodontic Entity and Orthodontist shall be responsible for matters involving their respective corporate governance, employees and similar internal matters, including, but not limited to, preparation and contents of such reports to regulatory authorities governing the Orthodontic Entity and Orthodontist that the Orthodontic Entity or Orthodontist are required by law to provide, distribution of professional fee income among Orthodontist or the shareholders of the Orthodontic Entity, disposition of the Orthodontic Entity's and Orthodontist's property and stock and hiring and firing of their employees and licensing. Except for the expenses attributable to the distribution of professional fee income among Orthodontist or the shareholders of the Orthodontic Entity which will be included in Excluded Orthodontic Entity and Orthodontist Expenses, the costs incurred in connection with the foregoing matters shall be Orthodontic Entity and Orthodontist Expenses. The legal, accounting and other professional services fees incurred by Orthodontist or the Orthodontic Entity in connection with the internal matters of the Orthodontic Entity, the personal accounting of the Orthodontic Entity and Orthodontist and similar internal and personal matters, including without limitation, the costs associated with enforcing any contract with a Orthodontic Entity Professional Employee (other than as set forth in SECTION 5.8), shall be Excluded Orthodontic Entity and Orthodontist Expenses.