Common use of Professional Expenses Clause in Contracts

Professional Expenses. Payments expended each fiscal year by the Orthodontic Entity on behalf of the Orthodontist and other orthodontists or dentists delivering patient care at the Center(s) for continuing education, seminars, professional license fees and dues, professional memberships, expenses related to a company automobile for the Orthodontist, and all other expenses of the Orthodontist and other orthodontists and dentists delivering patient care at the Center(s) that do not directly benefit the Orthodontic Entity (as reasonably determined by Premier), up to the amount of three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue, shall be considered a Center Expense. To the extent that such expenses exceed three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue for such year, the Center Expenses shall be reduced by such excess amount solely for the purpose of calculating the Consulting Fee; provided, however, that the Orthodontic Entity shall pay such excess expenses. Notwithstanding the foregoing, the Orthodontic Entity shall be solely responsible for the cost of professional licensure fees and board certification fees, membership in professional associations and continuing professional education incurred by the Orthodontist. The Orthodontic Entity shall ensure that the Orthodontist participates in such continuing education as is necessary for such Orthodontist to remain current.

Professional Expenses. Payments expended each fiscal year by the Orthodontic Entity on behalf of the Orthodontist and other orthodontists or dentists delivering patient care at the Center(s) for continuing education, seminars, professional license fees and dues, professional memberships, expenses related to a company automobile for the Orthodontist, and all other expenses of the Orthodontist and other orthodontists and dentists delivering patient care at the Center(s) that do not directly benefit the Orthodontic Entity (as reasonably determined by Premierthe auditors for USOC), up to the amount of three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue, shall be considered a Center Expense. To the extent that such expenses exceed three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue for such year, the Center Expenses shall be reduced by such excess amount solely for the purpose of calculating the Consulting FeeService Fee (as defined in the Service Agreement); provided, however, that the Orthodontic Entity shall pay such excess expenses. Notwithstanding the foregoing, the Orthodontic Entity shall be solely responsible for the cost of professional licensure fees and board certification fees, membership in professional associations associations, and continuing professional education incurred by the Orthodontist. The Orthodontic Entity shall ensure that the Orthodontist participates in such continuing education as is necessary for such Orthodontist to remain current.

Professional Expenses. Payments expended each fiscal year by the Orthodontic Entity on behalf of the Orthodontist and other orthodontists or dentists delivering patient care at the Center(s) for continuing education, seminars, professional license fees and dues, professional memberships, expenses related to a company automobile for the Orthodontist, and all other expenses of the Orthodontist and other orthodontists and dentists delivering patient care at the Center(s) that do not directly benefit the Orthodontic Entity (as reasonably determined by the auditors for Premier), up to the amount of three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue, shall be considered a Center Expense. To the extent that such expenses exceed three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue for such year, the Center Expenses shall be reduced by such excess amount solely for the purpose of calculating the Consulting FeeService Fee (as defined in the Service Agreement); provided, however, that the Orthodontic Entity shall pay such excess expenses. Notwithstanding the foregoing, the Orthodontic Entity shall be solely responsible for the cost of professional licensure fees and board certification fees, membership in professional associations associations, and continuing professional education incurred by the Orthodontist. The Orthodontic Entity shall ensure that the Orthodontist participates in such continuing education as is necessary for such Orthodontist to remain current.

Professional Expenses. Payments expended each fiscal year by the Orthodontic Entity on behalf of the Orthodontist and other orthodontists or dentists delivering patient care at the Center(s) for continuing education, seminars, professional license fees and dues, professional memberships, expenses related to a company automobile for the Orthodontist, and all other expenses of the Orthodontist and other orthodontists and dentists delivering patient care at the Center(s) that do not directly benefit the Orthodontic Entity (as reasonably determined by Premier), up to the amount of three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue, shall be considered a Center Expense. To the extent that such expenses exceed three percent (3%) of the Orthodontic Entity's Adjusted Gross Revenue for such year, the Center Expenses shall be reduced by such excess amount solely for the purpose of calculating the Consulting Fee; provided, however, that the Orthodontic Entity shall pay such excess expenses. Notwithstanding the foregoing, the Orthodontic Entity shall be solely responsible for the cost of professional licensure fees and board certification fees, membership in professional associations and continuing professional education incurred by the Orthodontist. The Orthodontic Entity shall ensure that the Orthodontist participates in such continuing education as is necessary for such Orthodontist to remain current.the