Date: Name: This Therapy Director Agreement (this “Agreement”) dated [•] is between [•] (the “Service Company”), and [•] (the “Therapy Director”).
Physical therapy licensing board or "licensing board" means the agency of a state that is responsible for the licensing and regulation of physical therapists and physical therapist assistants.
shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and
New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.
Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.
Preferred Directors means, collectively, the Series A Directors and the Series B Director.