Common use of Periodic Adjustment of Compensation Clause in Contracts

Periodic Adjustment of Compensation. The parties hereto recognize that the Practice may change in size and scope over the term of this Agreement which may necessitate adjusting the fees provided for herein. Therefore, the parties shall review the compensation to VFD no less frequently than annually and more frequently at the request of VFD or the P.C., if changes in the business of the P.C. or services by VFD warrant such more frequent review, and may agree in writing to modification of the compensation. Such review shall consider the scope of 10 10 operations pursuant to this Agreement at the time of review, the financial success of VFD and the P.C. in connection with the Practice, changes in the purchasing power of money, the size and number of facilities being supplied by VFD, the scope of the Marketing Services, the size of the Administrative Personnel workforce and the expenses and risks to the respective parties of performing this Agreement.

Appears in 2 contracts

Samples: Management Agreement (Valley Forge Dental Associates Inc), Management Agreement (Valley Forge Dental Associates Inc)

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Periodic Adjustment of Compensation. The parties hereto recognize that the Practice may change in size and scope over the term of this Agreement which may necessitate adjusting the fees provided for herein. Therefore, the parties shall review the compensation to VFD ProDent no less frequently than annually and more frequently at the request of VFD ProDent or the P.C., if changes in the business of the P.C. or services by VFD ProDent warrant such more frequent review, and may agree in writing to modification of the compensation. Such review shall consider the scope of 10 10 operations pursuant to this Agreement at the time of review, the financial success of VFD ProDent and the P.C. in connection with the Practice, changes in the purchasing power of money, the size and number of facilities being supplied by VFDProDent, the scope of the Marketing Services, the size of the Administrative Personnel workforce and the expenses and risks to the respective parties of performing this Agreement.

Appears in 2 contracts

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc), Administrative Services Agreement (Valley Forge Dental Associates Inc)

Periodic Adjustment of Compensation. The parties hereto recognize that the Practice may change in size and scope over the term of this Agreement which may necessitate adjusting the fees provided for herein. Therefore, the parties shall review the compensation to VFD of PA no less frequently than annually and more frequently at the request of VFD of PA or the P.C., if changes in the business of the P.C. or services by VFD of PA warrant such more frequent review, and may agree in writing to modification of the compensation. Such review shall consider the scope of 10 10 operations pursuant to this Agreement at the time of review, the financial success of VFD of PA and the P.C. in connection with the PracticeP.C., changes in the purchasing power of money, the size and number of facilities being supplied by VFDVFD of PA, the scope of the Marketing Services, the size of the Administrative Personnel workforce and the expenses and risks to the respective parties of performing this Agreement.

Appears in 1 contract

Samples: Administrative Services Agreement (Valley Forge Dental Associates Inc)

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Periodic Adjustment of Compensation. The parties hereto recognize that the Practice may change in size and scope over the term of this Agreement which may necessitate adjusting the fees provided for herein. Therefore, the parties shall review the compensation to VFD no less frequently than annually and more frequently at the request of VFD or the P.C., if changes in the business of the P.C. or services by VFD warrant such more frequent review, and may agree in writing to modification of the compensation. Such review shall consider the scope of 10 10 operations pursuant to this Agreement at the time of review, the financial success of VFD and the P.C. in connection with the Practice, changes in the purchasing power of money, the size and number of facilities being supplied by VFD, the scope of the Marketing Services, the size of the Administrative Personnel workforce and the expenses and risks to the respective parties of performing this Agreement.

Appears in 1 contract

Samples: Management Agreement (Valley Forge Dental Associates Inc)

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