Common use of RENEWAL OR EXTENSION OF AGREEMENT Clause in Contracts

RENEWAL OR EXTENSION OF AGREEMENT. Renewal or extension of this Agreement is dependent upon satisfactory progress by the Resident Physician as determined solely by evaluation of the Resident Physician’s performance by the Program Director, as advised by the Clinical Compensation Committee. Xxxxxxxx Clinic will use best efforts to notify Resident Physician at least one hundred twenty (120) days prior to the expiration of the term of this Agreement regarding renewal or non-renewal of this Agreement and, if renewed, the terms of such renewal. In any event, nothing herein contained shall be construed to confer upon Resident Physician an automatic right to extension of this Agreement for a subsequent residency year or any part thereof.

RENEWAL OR EXTENSION OF AGREEMENT. Renewal or extension of this Agreement is dependent upon satisfactory progress by the Resident Physician as determined solely by evaluation of the Resident Physician’s performance by the Program Director, as advised by the Clinical Compensation Committee. Xxxxxxxx Clinic will use best efforts to notify Resident Physician at least one hundred twenty (120) days prior to the expiration of the term Term of this Agreement regarding renewal or non-renewal of this Agreement and, if renewed, the terms of such renewal. In any event, nothing herein contained shall be construed to confer upon Resident Physician an automatic right to extension of this Agreement for a subsequent residency year or any part thereof.