This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Arizona Employment Agreement between Physician and Professional Corporation is a legally binding document that establishes the terms and conditions of a physician's employment with a professional corporation in the state of Arizona. This agreement governs the relationship between the physician and the professional corporation, outlining their roles, responsibilities, compensation, benefits, and other important aspects of the employment arrangement. The Arizona Employment Agreement between Physician and Professional Corporation is designed to protect the interests of both parties involved. It ensures that the physician's services are properly compensated and that the professional corporation receives the expected level of performance and dedication from the physician. Key elements typically included in this agreement are: 1. Parties: Clearly identifies the parties involved, including the physician and the professional corporation. 2. Term: Specifies the duration of the employment agreement, including the start and end dates. It may also outline the conditions for termination and renewal of the agreement. 3. Duties and Responsibilities: Describes the physician's roles, responsibilities, and obligations within the professional corporation. This section may include details about patient care, administrative tasks, research activities, and any other duties specific to the physician's specialty. 4. Compensation and Benefits: States the physician's salary or compensation structure, which may be base salary, productivity-based incentives, or a combination of both. It should also outline any additional benefits, such as health insurance, retirement plans, vacation time, and malpractice insurance coverage. 5. Non-compete and Non-solicitation Clauses: May contain clauses that restrict the physician's ability to compete with or solicit patients from the professional corporation during and after the employment period. These clauses aim to protect the corporation's patient base and trade secrets. 6. Confidentiality and Intellectual Property: Addresses the confidentiality of patient information and outlines the ownership and protection of intellectual property developed during the physician's employment within the professional corporation. 7. Dispute Resolution: Explains the process for resolving any disputes or disagreements that may arise during the employment relationship, including mediation, arbitration, or litigation. Types of Arizona Employment Agreements between Physician and Professional Corporation can include: 1. Full-Time Employment Agreement: Establishes a full-time arrangement where the physician is required to devote a significant portion of their professional time to the professional corporation. 2. Part-Time Employment Agreement: Sets the terms for a part-time engagement, typically for physicians who have other professional commitments or wish to work reduced hours. 3. Locum Teens Agreement: Defines a temporary arrangement where the physician is hired on a short-term basis to fill in for another physician who is on leave or vacation. 4. Independent Contractor Agreement: This type of agreement is used when the physician is engaged as an independent contractor rather than a full-time employee. It outlines the terms and conditions for the provision of specific services on a contractual basis. 5. Research Employment Agreement: This agreement is designed for physicians involved in research activities within the professional corporation, outlining specific terms related to the research work, intellectual property rights, and compensation structure. In conclusion, the Arizona Employment Agreement between Physician and Professional Corporation is a crucial document that governs the relationship between a physician and a professional corporation. It provides clarity, protection, and sets forth the terms and conditions of their employment arrangement.
