Common use of Payroll Account Clause in Contracts

Payroll Account. A Practice payroll account in the name of the Practice shall be established on behalf of the Practice for payroll to non-shareholder Professionals of the Practice. Funds for this account shall be received as Practice Expenses. The Practice, as employer of said non-shareholder Professionals, and Professional Business Manager, as agent and attorney of the Practice shall each have signing capacity to access the account for payroll.

Appears in 9 contracts

Samples: Employment Agreement, Employment Agreement (Eyemasters Inc), Professional Business Management Agreement (Eye Care Centers of America Inc)

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Payroll Account. A Practice payroll account in the name of ---------------- the Practice shall be established on behalf of the Practice for payroll to non-shareholder Professionals of the Practice. Funds for this account shall be received as Practice Expenses. The Practice, as employer of said non-shareholder Professionals, and Professional Business Manager, as agent and attorney of the Practice shall each have signing capacity to access the account for payroll.

Appears in 3 contracts

Samples: Employment Agreement (Eye Care Centers of America Inc), Professional Business Management Agreement (Eye Care Centers of America Inc), Professional Business Management Agreement (Eye Care Centers of America Inc)

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Payroll Account. A Practice payroll account in the name of the Practice shall be established on behalf of the Practice for payroll to non-shareholder Professionals of the PracticePractice (other than the President). Funds for this account shall be received as Practice Expenses. The Practice, as employer of said non-shareholder Professionals, and Professional Business Manager, as agent and attorney of the Practice shall each have signing capacity to access the account for payroll.

Appears in 1 contract

Samples: Professional Business Management Agreement (Eye Care Centers of America Inc)

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