PHC. SUB and its Affiliates (as defined herein) are engaged in the business of providing high quality healthcare management services in the form of (1) physician practice management, development and administration, and (2) physician network development, marketing, management and administration.
PHC. SUB and the Practices desire to enter into this Agreement for (1) the provision of practice management and development services by PHC-SUB to the Practices and (2) the provision by PHC-SUB of facilities, personnel, equipment and supplies necessary to operate the Practices, pursuant to the terms and conditions hereof, to permit the Practices and each of their physician employees to devote their respective efforts on a concentrated and continuous basis to the rendering of medical services to their patients.
PHC. Each of the above Articles shall, for purposes of enforcement, include the provisions of Articles I, VIII, IX and X as they apply to such Articles.
PHC. By PHC with respect to itself and all HMO Subsidiaries and Operating units in the event that P1W undergoes a Change of Control Transaction. Such termination right must be exercised within 30 days after the effective date of such Change of Control Transaction by giving written notice to PBHC. Such termination shall be effective 90 days after such written notice.
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