Letter Of Intent Between The Hospital And Physician (Page 2 of 2) in pdf

Letter Of Intent Between The Hospital And Physician Page 2

Hospital). Physician would also be eligible to receive ___________ days of paid

vacation, approved in advance by ___________. Additionally, (the Hospital)

would provide Physician with a ____________($0000) CME allowance and

__________ ($0000) for professional memberships.

4. Non-Compete: During the term of the Agreement, and for ____________ years

following termination or expiration of the Agreement, Physician would agree not

to compete with, or enter into a contractual relationship with a health care

provider or health system in competition with, (Hospital’s_________ program).

However, the non-competition provision would not preclude Physician from

independently establishing a private medical practice.

(The Hospital), at its

discretion, would be entitled to waive the non-competition provision.

5. Ethical and Religious Directive: The Parties agree and understand that nothing

in this letter, subsequent discussions, or agreements shall require (the Hospital) to

violate the Ethical and Religious Directives for _____________.

Physician

further understands that he/she would conduct his professional practice in a

manner that is consistent with the Ethical and Religious Directives.

The parties agree that this letter is not to be construed as a binding agreement obligating

any of the Parties to carry out any of the above functions; rather, it shall be construed as a

reflection of the Parties intent to negotiate in good faith and, if all Parties deem

appropriate, enter into binding agreements regarding these matters. If you agree in

principle to the above terms in your desire to continue negotiation of these matters, please

sign and return and executed copy of this letter

Sincerely,

(The Hospital)

By:____________________________

Printed:_________________________

(Physician)

By:____________________________

Printed:_________________________

Dated this ______day of _______, 20__

Letter Of Intent Between The Hospital And Physician Page 2