The purpose of this form is to provide information concerning issues commonly presented in physician employment contracts. In this model employment agreement, the wording of possible clauses is laid out with explanatory comments given below each clause. This model is not intended to be used verbatim. The language in an actual contract will be the product of negotiations between the parties and will reflect the specific employment situation.
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.
Keywords: Oklahoma, Annotated Model Pro-Employer Physician Employment Agreement, detailed description, types Description: The Oklahoma Annotated Model Pro-Employer Physician Employment Agreement is a legally binding document designed to outline the terms and conditions of employment between a physician and their employer in the state of Oklahoma. This agreement serves to protect the rights of both parties and establish a solid foundation for a mutually beneficial working relationship. 1. Overview: The agreement starts with a comprehensive overview, clearly stating the names and addresses of both the physician and employer, along with their respective roles and responsibilities. It also provides a brief summary of the employment terms discussed in the document. 2. Employment Details: This section delves into the specifics of the physician's employment, including the start date, working hours, expected duties, and the duration of the agreement. It may also outline any specific location(s) where the physician will be required to practice medicine. 3. Compensation and Benefits: The agreement thoroughly outlines the physician's compensation package, including a base salary, any additional performance-based incentives, bonuses, and benefits such as medical insurance, retirement plans, and vacation time. It may also include provisions for reimbursement of professional expenses. 4. Non-Compete and Non-Solicitation Clauses: To protect the employer's interests, the agreement typically includes non-compete and non-solicitation clauses, restricting the physician from working for or seeking employment with competing organizations or soliciting the employer's patients or staff members for a specified period after termination of the agreement. 5. Duties and Obligations: This section details the physician's professional duties and expectations, such as adhering to ethical standards, maintaining appropriate licensing and certifications, attending continuing education programs, and participating in quality improvement initiatives. 6. Termination and Severance: The circumstances under which either party can terminate the agreement are explicitly defined in this section. It includes provisions for notice periods, probationary periods, and potential severance packages. 7. Confidentiality and Intellectual Property: To protect sensitive information and intellectual property, the agreement may include clauses outlining the physician's obligations regarding confidentiality, privacy, and the handling of patient records. Types of Oklahoma Annotated Model Pro-Employer Physician Employment Agreements: While there can be variations in specific terms and conditions based on individual negotiations, some common types of agreements may include: 1. Full-Time Employment Agreement: This agreement outlines the terms for a physician's full-time employment with a single employer. 2. Part-Time Employment Agreement: Designed for physicians seeking part-time work, this agreement establishes the terms for a reduced workload and corresponding compensation. 3. Locum Teens Agreement: For temporary or substitute physicians, this agreement covers short-term employment arrangements and usually includes provisions for duration and compensation. 4. Contract Extension Agreement: When an existing employment agreement is extended, this document is used to outline the revised terms and any modifications to the original agreement. It is important to note that the specific details and provisions of these agreements may vary depending on the physician, employer preferences, and applicable laws. Consulting legal professionals is highly recommended for creating and customizing an Oklahoma Annotated Model Pro-Employer Physician Employment Agreement.Keywords: Oklahoma, Annotated Model Pro-Employer Physician Employment Agreement, detailed description, types Description: The Oklahoma Annotated Model Pro-Employer Physician Employment Agreement is a legally binding document designed to outline the terms and conditions of employment between a physician and their employer in the state of Oklahoma. This agreement serves to protect the rights of both parties and establish a solid foundation for a mutually beneficial working relationship. 1. Overview: The agreement starts with a comprehensive overview, clearly stating the names and addresses of both the physician and employer, along with their respective roles and responsibilities. It also provides a brief summary of the employment terms discussed in the document. 2. Employment Details: This section delves into the specifics of the physician's employment, including the start date, working hours, expected duties, and the duration of the agreement. It may also outline any specific location(s) where the physician will be required to practice medicine. 3. Compensation and Benefits: The agreement thoroughly outlines the physician's compensation package, including a base salary, any additional performance-based incentives, bonuses, and benefits such as medical insurance, retirement plans, and vacation time. It may also include provisions for reimbursement of professional expenses. 4. Non-Compete and Non-Solicitation Clauses: To protect the employer's interests, the agreement typically includes non-compete and non-solicitation clauses, restricting the physician from working for or seeking employment with competing organizations or soliciting the employer's patients or staff members for a specified period after termination of the agreement. 5. Duties and Obligations: This section details the physician's professional duties and expectations, such as adhering to ethical standards, maintaining appropriate licensing and certifications, attending continuing education programs, and participating in quality improvement initiatives. 6. Termination and Severance: The circumstances under which either party can terminate the agreement are explicitly defined in this section. It includes provisions for notice periods, probationary periods, and potential severance packages. 7. Confidentiality and Intellectual Property: To protect sensitive information and intellectual property, the agreement may include clauses outlining the physician's obligations regarding confidentiality, privacy, and the handling of patient records. Types of Oklahoma Annotated Model Pro-Employer Physician Employment Agreements: While there can be variations in specific terms and conditions based on individual negotiations, some common types of agreements may include: 1. Full-Time Employment Agreement: This agreement outlines the terms for a physician's full-time employment with a single employer. 2. Part-Time Employment Agreement: Designed for physicians seeking part-time work, this agreement establishes the terms for a reduced workload and corresponding compensation. 3. Locum Teens Agreement: For temporary or substitute physicians, this agreement covers short-term employment arrangements and usually includes provisions for duration and compensation. 4. Contract Extension Agreement: When an existing employment agreement is extended, this document is used to outline the revised terms and any modifications to the original agreement. It is important to note that the specific details and provisions of these agreements may vary depending on the physician, employer preferences, and applicable laws. Consulting legal professionals is highly recommended for creating and customizing an Oklahoma Annotated Model Pro-Employer Physician Employment Agreement.
