• US Legal Forms

North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership

State:
Multi-State
Control #:
US-04184BG
Format:
Word; 
Rich Text
Instant download

Description

The Limited Liability Partnership (LLP) is an alternative to the limited liability company (LLC). As with the limited liability company, the limited liability partnership provides a method of insulating partners from personal liability for acts of other partners.

A limited liability partnership is a general partnership that elects to be treated as an LLP by registering with the Secretary of State. Many attorneys and accountants choose the LLP structure since it shields the partners from vicarious liability, can operate more informally and flexibly than a corporation, and is accorded full partnership tax treatment. In a general partnership, individual partners are liable for the partnership's debts and obligations whereas the partners in a limited liability partnership are statutorily provided full-shield protection from partnership liabilities, debts and obligations. It allows the members of the LLP to take an active role in the business of the partnership, without exposing them to personal liability for others' acts except to the extent of their investment in the LLP. Many law and accounting firms now operate as LLPs. In some states, with certain exceptions, the LLP is only available to attorneys and accountants.

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.

North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership In North Dakota, an Employment Agreement and Non-Competition Agreement between a Physician and a Medical Practice Providing Services as a Limited Liability Partnership is a legally binding contract that outlines the terms and conditions of employment between a physician and a medical practice. It also includes provisions pertaining to non-competition clauses. This agreement is designed to protect the interests and rights of both the physician and the medical practice. It establishes a clear understanding of the physician's duties, responsibilities, and compensation, as well as the terms surrounding non-competition restrictions. The agreement typically includes the following key elements: 1. Parties: Identifies the parties involved, which are the physician and the medical practice operating as a Limited Liability Partnership (LLP). 2. Employment Terms: Details the specific terms of employment, including the duration of the agreement, job description, schedule, and compensation structure. It may also cover benefits, leave policies, and any additional terms and conditions required. 3. Non-Competition Clause: Outlines restrictions on the physician's ability to practice medicine within a specified geographic area for a defined period after the termination of employment. This clause aims to protect the medical practice's patient base and prevent the physician from competing directly against the medical practice. 4. Termination: Specifies the conditions and procedures for terminating the agreement, including notice requirements and potential consequences of breach. 5. Confidentiality and Intellectual Property: Addresses the protection of sensitive information, patient records, and any intellectual property developed during the physician's employment. 6. Dispute Resolution: Establishes a mechanism for resolving any disputes that may arise between the parties, such as mediation or arbitration. It is important to note that there may be different types or variations of the North Dakota Employment Agreement and Non-Competition Agreement between a Physician and a Medical Practice Providing Services as a Limited Liability Partnership. These variations may depend on the specific needs and preferences of the parties involved, the nature of the medical practice, and any state-specific requirements or regulations. Some potential variations could include agreements tailored for specific medical specialties or agreements designed for part-time, temporary, or locum tenens positions. However, specific categorizations or names for these variations are not readily available. Overall, these agreements are crucial for establishing a mutually beneficial relationship between the physician and the medical practice, ensuring clarity and protection for both parties while facilitating the provision of quality healthcare services in North Dakota.

North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership In North Dakota, an Employment Agreement and Non-Competition Agreement between a Physician and a Medical Practice Providing Services as a Limited Liability Partnership is a legally binding contract that outlines the terms and conditions of employment between a physician and a medical practice. It also includes provisions pertaining to non-competition clauses. This agreement is designed to protect the interests and rights of both the physician and the medical practice. It establishes a clear understanding of the physician's duties, responsibilities, and compensation, as well as the terms surrounding non-competition restrictions. The agreement typically includes the following key elements: 1. Parties: Identifies the parties involved, which are the physician and the medical practice operating as a Limited Liability Partnership (LLP). 2. Employment Terms: Details the specific terms of employment, including the duration of the agreement, job description, schedule, and compensation structure. It may also cover benefits, leave policies, and any additional terms and conditions required. 3. Non-Competition Clause: Outlines restrictions on the physician's ability to practice medicine within a specified geographic area for a defined period after the termination of employment. This clause aims to protect the medical practice's patient base and prevent the physician from competing directly against the medical practice. 4. Termination: Specifies the conditions and procedures for terminating the agreement, including notice requirements and potential consequences of breach. 5. Confidentiality and Intellectual Property: Addresses the protection of sensitive information, patient records, and any intellectual property developed during the physician's employment. 6. Dispute Resolution: Establishes a mechanism for resolving any disputes that may arise between the parties, such as mediation or arbitration. It is important to note that there may be different types or variations of the North Dakota Employment Agreement and Non-Competition Agreement between a Physician and a Medical Practice Providing Services as a Limited Liability Partnership. These variations may depend on the specific needs and preferences of the parties involved, the nature of the medical practice, and any state-specific requirements or regulations. Some potential variations could include agreements tailored for specific medical specialties or agreements designed for part-time, temporary, or locum tenens positions. However, specific categorizations or names for these variations are not readily available. Overall, these agreements are crucial for establishing a mutually beneficial relationship between the physician and the medical practice, ensuring clarity and protection for both parties while facilitating the provision of quality healthcare services in North Dakota.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out North Dakota Employment Agreement And Non-Competition Agreement Between Physician And Medical Practice Providing Services As A Limited Liability Partnership?

If you want to total, acquire, or print out lawful file layouts, use US Legal Forms, the largest collection of lawful types, that can be found on-line. Make use of the site`s simple and handy search to get the paperwork you require. A variety of layouts for business and personal functions are sorted by categories and claims, or search phrases. Use US Legal Forms to get the North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership in a number of click throughs.

Should you be currently a US Legal Forms buyer, log in to your profile and click on the Download key to find the North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership. You can also entry types you in the past delivered electronically inside the My Forms tab of your own profile.

If you work with US Legal Forms for the first time, follow the instructions below:

  • Step 1. Be sure you have chosen the form to the right town/nation.
  • Step 2. Utilize the Preview solution to look through the form`s articles. Do not neglect to read through the explanation.
  • Step 3. Should you be not happy using the develop, make use of the Look for area near the top of the screen to get other models of your lawful develop design.
  • Step 4. When you have located the form you require, go through the Get now key. Opt for the prices prepare you choose and include your accreditations to register to have an profile.
  • Step 5. Procedure the purchase. You can use your Ðœisa or Ьastercard or PayPal profile to accomplish the purchase.
  • Step 6. Select the file format of your lawful develop and acquire it in your gadget.
  • Step 7. Comprehensive, edit and print out or indicator the North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership.

Each and every lawful file design you acquire is yours for a long time. You have acces to each and every develop you delivered electronically with your acccount. Select the My Forms section and select a develop to print out or acquire once more.

Be competitive and acquire, and print out the North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership with US Legal Forms. There are millions of professional and condition-particular types you may use to your business or personal demands.

Trusted and secure by over 3 million people of the world’s leading companies

North Dakota Employment Agreement and Non-Competition Agreement between Physician and Medical Practice Providing Services as a Limited Liability Partnership