Payments for Teaching and Supervision Services Sample Clauses

Payments for Teaching and Supervision Services. 1. During the Startup Period, the Parties agree the Compensation for Teaching and Supervision Services to be reflected in the Initial Program Budget and the Second Program Budget shall reflect on average an aggregate physician salary cap of the fiftieth (50th) percentile of the applicable HSC-S Faculty salaries, based on specialty, position and experience as listed in the most recent applicable Faculty Salary Survey Reports published by the Association of American Medical Colleges for public universities in the Southern Region (the “Salary Survey”), plus (b) fifty] percent ([50%) of such HSC-S Faculty member’s actual employee benefits consistent with Fair Market Value (as defined below). Upon written consent of the Parties, the reimbursable amount for such Teaching and Supervision Services may be increased, on a per-physician basis, up to a maximum per-physician salary cap of the eightieth (80) percentile of such Salary Survey, with a corresponding increase in the percent of such HSC-S Faculty member’s actual employee benefits consistent with Fair Market Value (collectively, “Teaching Compensation”).
Sample 1
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