Common use of PHYSICIAN EXPENSES Clause in Contracts

PHYSICIAN EXPENSES. Practice shall be solely responsible for the payment, when due, of all costs and expenses incurred in connection with Practice's operations that are not Practice Expenses ("Physician Expenses"), including, but not limited to, insurance premiums for policies of malpractice insurance, deductibles under such policies of malpractice insurance, any and all costs and expenses incurred with respect to claims under such policies of malpractice insurance, salaries and benefits, workers' compensation, retirement plan contributions, health, disability and life insurance premiums, payroll taxes, cellular phone and automobile expenses incurred by or in connection with the employment of all Physician Shareholders and Practice Employees. Practice shall be responsible for paying as a Physician Expense salaries, benefits and other similar direct costs for all Practice Employees and Physician Shareholders. Practice shall pay all Physician Expenses as they become due. However, Practice shall pay the salaries and benefits for those individuals described in Section 1.5(b), but Manager shall reimburse Practice for all such salaries and benefits and such reimbursement amounts shall be a Practice Expense under Section 1.6.

Appears in 4 contracts

Samples: Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp), Management Services Agreement (Physicians Specialty Corp)

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