Physician Group Employment Agreement Template (Page 3 of 17) in pdf

ARTICLE I

Employment

CORPORATION hereby employs PHYSICIAN and PHYSICIAN hereby accepts full-time

employment as a physician specializing in the practice of pathology with CORPORATION on the

terms and conditions set forth in this Agreement. PHYSICIAN represents to CORPORATION that

PHYSICIAN is qualified to obtain a license to practice medicine in the State of ____________

and

will be so licensed by the Effective Date, is either board certified in Anatomic and Clinical Pathology

or eligible to be board certified, and is qualified to practice in the medical specialty of pathology.

ARTICLE II

Term and Termination

2.1 Term.

The term of this Agreement shall commence on the Effective Date and continue until terminated in

accordance with this Article II.

2.2 Termination by Either Party.

This Agreement may be terminated by either party as follows:

(A) for any or no reason upon [sixty (60) days]

prior written notice to the other party, provided

that (1) PHYSICIAN shall pay all costs associated with CORPORATION obtaining in locum

tenens coverage and any other costs associated with PHYSICIAN‘s departure in the event

that PHYSICIAN departs prior to the end of the (sixty (60]) day notice without the permission

of CORPORATION; and (2) CORPORATION at its discretion may move up PHYSICIAN’s

last day of employment to a date within the notice period provided that CORPORATION

pays PHYSICIAN for the remainder of the notice period;

(B) upon 30 days written notice to the other party in the event of the other party’s fraud, gross

negligence, or repeated acts of negligence, material misrepresentation, or material breach of

a term or condition of this Agreement unless the party that has breached this Agreement has

cured the breach within fourteen (14) calendar days after receipt of written notice specifying

the nature of the breach; or

If the position were part-time, this wording would change. Contracting parties may also want to change

Subsection 2.3 (D) regarding contract termination and Exhibit A position description for the sake of consistency.

Practices providing services in multiple states may want to expand the list of required states in which the physician employee

is to maintain a current license. Contracting parties may also want to change the first paragraph of this agreement and Section

3.2 Medical Staff and Licensure for the sake of consistency.

If the position requires subspecialty board certification or eligibility for examination for subspecialty certification contracting

parties may want to include that information here and Section 3.3 Board Certification and in Exhibit A Position Description.

Contracting parties may want to consider changing the notice period. Parties should consider the implications of either party

making notification. Please note Section 2.2 (C) provides for termination by mutual agreement, which provides flexibility in

terminating the contract.

Physician Group Employment Agreement Template Page 3