A Bexar Texas Employment Agreement between a dentist and a professional limited liability company (LLC) with a covenant not to compete is a legally binding contract that outlines the terms and conditions of employment for a dentist within a specific geographical area. This agreement typically includes the following key elements: 1. Parties: It identifies the parties involved in the agreement, specifically the dentist and the LLC. 2. Term of Employment: It indicates the duration of the employment relationship, whether it is for a fixed period or an indefinite term. 3. Scope of Employment: It outlines the duties and responsibilities of the dentist within the LLC, including patient care, administrative tasks, and obligations towards the practice. 4. Compensation and Benefits: It details the dentist's salary, bonuses, incentives, and any other benefits they are entitled to receive. This may also include provisions for reimbursement of expenses incurred in the course of employment. 5. Work Schedule: It specifies the dentist's working hours, days off, and any flexibility or scope for additional hours or on-call duties. 6. Non-Competition Covenant: This is a crucial section that outlines the dentist's agreement not to compete with the LLC within a defined geographical area for a specific period after the termination of employment. It typically includes restrictions on opening a competing practice, soliciting patients or staff, and collaborating with competitors. 7. Termination: It describes the circumstances under which the employment agreement can be terminated, such as breach of contract, resignation, retirement, or termination with cause. It may also address the notice period required for termination by either party. Additional types of Bexar Texas Employment Agreements between a dentist and an LLC with a covenant not to compete may include: 1. Full-Time Employment Agreement: This is the most common type, where the dentist is employed on a full-time basis and commits to working a specified number of hours per week. 2. Part-Time Employment Agreement: Suitable for dentists who prefer a reduced workload or for those who have other professional commitments. It typically outlines the specific hours and days the dentist will work. 3. Associate Agreement: This type of agreement details the relationship between an associate dentist and an LLC. It typically includes provisions for mentorship, production incentives, and profit-sharing arrangements. 4. Buy-In Agreement: Usually applicable when a dentist wishes to become a partner or shareholder in an LLC. This type of agreement outlines the terms and conditions of the buy-in process, including financial obligations and future rights and responsibilities. In conclusion, Bexar Texas Employment Agreements between a dentist and an LLC with a covenant not to compete are essential legal documents that protect the interests of both parties. It is crucial for dentists and PLL Cs to consult legal professionals to draft and review these agreements to ensure compliance with local laws and to achieve a fair and mutually beneficial employment relationship.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.