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.
New Hampshire Employment Agreement between Physician and Professional Corporation: A Comprehensive Guide In the state of New Hampshire, the relationship between physicians and professional corporations is regulated through an Employment Agreement. This agreement outlines the terms and conditions under which a physician agrees to provide their services to a professional corporation. It is crucial for both parties to fully comprehend the rights, responsibilities, and obligations specified in this legally binding document. Key components of a New Hampshire Employment Agreement include: 1. Parties involved: The agreement should clearly identify the parties involved, including the physician(s) and the professional corporation. It should state the legal names and addresses of both parties. 2. Nature of employment: The agreement should define whether the physician is engaged as an employee or an independent contractor. This determines the scope of control and supervision the professional corporation may exercise over the physician's work. 3. Employment term: The agreement should specify the agreed-upon duration of the employment, including the starting date and any provisions for renewal or termination. 4. Work hours and responsibilities: The agreement should outline the anticipated work hours, the number of days worked per week, and the physician's responsibilities, including patient care, administrative duties, and participation in medical staff meetings. 5. Compensation and benefits: The agreement must detail the physician's compensation structure, be it a salary, hourly rate, or a combination. Additionally, it should include information on bonuses, incentives, benefits (such as health insurance and retirement plans), and reimbursement for expenses related to the practice. 6. Non-compete and non-solicitation provisions: In some cases, the agreement may include clauses restricting the physician from practicing within a certain area or soliciting the corporation's clients for a specified period after termination of the agreement. The enforceability of these provisions depends on New Hampshire state laws. 7. Termination: The agreement should outline the conditions and procedures for termination by either party, including any notice periods and potential severance arrangements. 8. Dispute resolution: In the case of disputes arising from the agreement, it is advisable to include a clause specifying the preferred method of dispute resolution, such as arbitration or mediation. Different types of New Hampshire Employment Agreements between Physicians and Professional Corporations: 1. Full-time employment agreement: This agreement is designed for physicians who work exclusively for the professional corporation on a full-time basis. 2. Part-time employment agreement: This agreement is tailored for physicians who work on a part-time basis, providing services to the professional corporation for a limited number of hours or days. 3. Independent contractor agreement: In some cases, physicians may engage with professional corporations as independent contractors rather than employees. This agreement outlines the terms and conditions governing the independent contractor relationship. In conclusion, a New Hampshire Employment Agreement between Physicians and Professional Corporations is a vital document that establishes the rights and obligations of both parties. Whether it's a full-time or part-time agreement or one designating the physician as an employee or independent contractor, these agreements are tailored to suit the specific needs and circumstances of the professionals involved. It is crucial to consult legal professionals to ensure compliance with applicable laws and to protect the interests of all parties involved.New Hampshire Employment Agreement between Physician and Professional Corporation: A Comprehensive Guide In the state of New Hampshire, the relationship between physicians and professional corporations is regulated through an Employment Agreement. This agreement outlines the terms and conditions under which a physician agrees to provide their services to a professional corporation. It is crucial for both parties to fully comprehend the rights, responsibilities, and obligations specified in this legally binding document. Key components of a New Hampshire Employment Agreement include: 1. Parties involved: The agreement should clearly identify the parties involved, including the physician(s) and the professional corporation. It should state the legal names and addresses of both parties. 2. Nature of employment: The agreement should define whether the physician is engaged as an employee or an independent contractor. This determines the scope of control and supervision the professional corporation may exercise over the physician's work. 3. Employment term: The agreement should specify the agreed-upon duration of the employment, including the starting date and any provisions for renewal or termination. 4. Work hours and responsibilities: The agreement should outline the anticipated work hours, the number of days worked per week, and the physician's responsibilities, including patient care, administrative duties, and participation in medical staff meetings. 5. Compensation and benefits: The agreement must detail the physician's compensation structure, be it a salary, hourly rate, or a combination. Additionally, it should include information on bonuses, incentives, benefits (such as health insurance and retirement plans), and reimbursement for expenses related to the practice. 6. Non-compete and non-solicitation provisions: In some cases, the agreement may include clauses restricting the physician from practicing within a certain area or soliciting the corporation's clients for a specified period after termination of the agreement. The enforceability of these provisions depends on New Hampshire state laws. 7. Termination: The agreement should outline the conditions and procedures for termination by either party, including any notice periods and potential severance arrangements. 8. Dispute resolution: In the case of disputes arising from the agreement, it is advisable to include a clause specifying the preferred method of dispute resolution, such as arbitration or mediation. Different types of New Hampshire Employment Agreements between Physicians and Professional Corporations: 1. Full-time employment agreement: This agreement is designed for physicians who work exclusively for the professional corporation on a full-time basis. 2. Part-time employment agreement: This agreement is tailored for physicians who work on a part-time basis, providing services to the professional corporation for a limited number of hours or days. 3. Independent contractor agreement: In some cases, physicians may engage with professional corporations as independent contractors rather than employees. This agreement outlines the terms and conditions governing the independent contractor relationship. In conclusion, a New Hampshire Employment Agreement between Physicians and Professional Corporations is a vital document that establishes the rights and obligations of both parties. Whether it's a full-time or part-time agreement or one designating the physician as an employee or independent contractor, these agreements are tailored to suit the specific needs and circumstances of the professionals involved. It is crucial to consult legal professionals to ensure compliance with applicable laws and to protect the interests of all parties involved.
