Common Contracts

1 similar Associateship Agreement contracts

What Happens When Dental Associateships Implode?
Associateship Agreement • February 17th, 2010

Mary and George didn’t choose to be associates, rather it happened because they worked for the two practice founding associates. As each of the original associates, Leo and Tony, reached retirement they’d sold their associateships. Mary, who had been employed for a little bit longer, bought first followed soon after by George. Mary and George had negotiated a detailed associateship agreement, aspects of which had been contentious. Tony and Leo, the departing dentists, had operated together for 37 years with a two-page pen and ink Heads of Agreement, which had gathered dust in a drawer, and a handshake. Each had settled into a personal rhythm in the practice. While they were quite different personalities with little common interest outside of the practice, their ability to operate under very informal rules had suited both. When Leo sold to Mary, Mary had pursued a detailed associateship agreement with Tony. Tony made it plain that he wasn’t going to be part of any new agreement, having

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