Common use of Physician Employment Agreements Clause in Contracts

Physician Employment Agreements. The Company and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.16) who is then an employee of the Company and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company by mutual consent without any liability therefor on the part of the Company and (ii) to enter into a new Physician Employment Agreement with New P.C. in accordance with the terms of the Business Management Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc)

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Physician Employment Agreements. The Company Company, the Partnership and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.168.16) who is then an employee of the Company or the Partnership and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company or the Partnership by mutual consent without any liability therefor on the part of the Company or the Partnership, and (ii) to enter into a new Physician Employment Agreement with the New P.C. P.A. in accordance with the terms of the Business Management Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vision Twenty One Inc), Asset Purchase Agreement (Vision Twenty One Inc)

Physician Employment Agreements. The Company and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.167.14) who is then an employee of the Company and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company by mutual consent without any liability therefor on the part of the Company and (ii) to enter into a new Physician Employment Agreement with New P.C. in accordance with the terms of the Business Management Agreement.Employment

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

Physician Employment Agreements. The Company and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.168.16) who is then an employee of the Company and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company by mutual consent without any liability therefor on the part of the Company and (ii) to enter into a new Physician Employment Agreement with New P.C. in accordance with the terms of the Business Management Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

Physician Employment Agreements. The Company Company, the Partnership and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.168.16) who is then an employee of the Company or the Partnership and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company or the Partnership by mutual consent without any liability therefor on the part of the Company or the Partnership, and (ii) to enter into a new Physician Employment Agreement with New P.C. P.A. in accordance with the terms of the Business Management Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

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Physician Employment Agreements. The Company and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-non- shareholder Physician Employees identified on Schedule 9.168.16) who is then an employee of the Company and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company by mutual consent without any liability therefor on the part of the Company and (ii) to enter into a new Physician Employment Agreement with New P.C. in accordance with the terms of the Business Management Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vision Twenty One Inc)

Physician Employment Agreements. The Company and the Physician shall cause, at or immediately prior to Closing, each Physician Employee (except for those non-shareholder Physician Employees identified on Schedule 9.167.14) who is then an employee of the Company and Physician agrees at or immediately prior to Closing (i) to terminate his employment agreement, if any, with the Company by mutual consent without any liability therefor on the part of the Company and (ii) to enter into a new Physician Employment Agreement with New P.C. the Company in accordance with the terms of the Business Management Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Vision Twenty One Inc)

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