Examples of Physician Employment Agreements in a sentence
NewCo is a professional corporation duly organized, validly existing and in good standing under the laws of its state of organization, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Service Agreement, the Security Agreement and the Physician Employment Agreements and consummate the transactions and perform the services contemplated thereby.
Practice agrees that all physicians hired by the Practice shall execute a Physician Employment Agreement in a form approved by Manager (the "Physician Employment Agreements").
Each Physician Employee and such other radiologists whose names are set forth on the Disclosure Schedules shall have entered into a Physician Employment Agreement between NewCo and each such Physician Employee in a form reasonably consistent to the form attached as Exhibit E and satisfactory to APP in its sole discretion (the "Physician Employment Agreements").
The Company and the Physician shall cooperate fully with Vision 21 to obtain all licenses, permits, approvals or other authorizations required under any law, statute, rule, regulation or ordinance, or otherwise necessary or desirable to provide the services of New P.C., the Physician and the Professional Employees contemplated by the Business Management Agreement and the Physician Employment Agreements, and to conduct the intended business of New P.C.
New P.C. is a professional corporation duly organized, validly existing and in good standing under the laws of the State, with all requisite corporate power and authority to carry on the business in which it intends to engage, to own the properties it intends to own, and to execute and deliver the Business Management Agreement and the Physician Employment Agreements and consummate the transactions and perform the services contemplated thereby.
The Company and the Owners will use their best efforts to obtain all licenses, permits, approvals or other authorizations required under any law, statute, rule, regulation or ordinance, or otherwise necessary or desirable, to provide the services of the Group Practice, the Owners and the Physician Employees contemplated by the Management Agreement, the Physician Engagement Agreements and the Physician Employment Agreements and to conduct the intended business of the Group Practice.
Practice represents that it has delivered to Manager a true and correct copy of the partnership agreement and Physician Employment Agreements between Practice and its Physician Partners and will cause all new partners of Practice to execute such agreements prior to becoming a partner (or employee) in Practice.
Practice acknowledges that both Practice and Manager will be directly or indirectly affected by the enforcement of Practice's contractual and other legal rights against Physician Partners and Practice Employees with respect to the restrictive covenants and liquidated damages provisions contained in the Physician Employment Agreements.
The Company, the Partnership and the Physician shall cooperate fully with Vision 21 to obtain all licenses, permits, approvals or other authorizations required under any law, statute, rule, regulation or ordinance, or otherwise necessary or desirable to provide the services of New P.A., the Physician and the Professional Employees contemplated by the Business Management Agreement and the Physician Employment Agreements, and to conduct the intended business of New P.A.
Practice shall not amend the partnership agreement so as to cause the partnership agreement to contravene or conflict with this Agreement or the Physician Employment Agreements between Practice and its physician employees.