A corporation may be organized for the business of conducting a profession. These are known as professional corporations. Doctors, attorneys, engineers, and CPAs are the types of professionals who may form a professional corporation. Usually there is a designation P.A. or P.C. after the corporate name in order to show that this is a professional association or professional corporation.
Although no definite rule exists for determining whether one is an independent contractor or an employee, certain indicia of the status of an independent contractor are recognized, and the insertion of provisions embodying these indicia in the contract will help to insure that the relationship reflects the intention of the parties. These indicia generally relate to the basic issue of control. The general test of what constitutes an independent contractor relationship involves which party has the right to direct what is to be done, and how and when. Another important test involves the method of payment of the contractor.
A Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal contract that outlines the terms of the professional relationship between a physician and a professional corporation in the state of Wisconsin. This agreement allows a physician to provide medical services as an independent contractor while being affiliated with a professional corporation. Keywords: Wisconsin, agreement, physician, self-employed, independent contractor, professional corporation, legal contract, terms, professional relationship, medical services, affiliated. There may be different types of Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, which can include: 1. General Agreement: This is the standard agreement that outlines the general terms and conditions of the physician's relationship with the professional corporation. It includes details such as the scope of services, compensation structure, termination clauses, and any additional obligations or restrictions. 2. Non-Compete Agreement: In some cases, a professional corporation may require the physician to sign a non-compete agreement, which restricts the physician from practicing medicine within a certain geographic area for a specified period after the termination of the agreement. This clause is designed to protect the professional corporation's interests. 3. Partnership Option Agreement: In certain situations, the agreement may include an option for the physician to become a partner in the professional corporation after fulfilling specific criteria or meeting certain performance benchmarks. This agreement outlines the terms and conditions of the partnership, including profit-sharing, decision-making authority, and governance structure. 4. Exclusive Provider Agreement: If the physician agrees to provide medical services exclusively through the professional corporation, an exclusive provider agreement may be included. This contract ensures that the physician does not work for any other entity or organization during the term of the agreement and establishes the terms of compensation and other relevant provisions. 5. Medical Director Agreement: in cases where the physician takes on a medical director role within the professional corporation, a separate agreement may be drafted. This agreement outlines the responsibilities, obligations, compensation, and other terms specific to the medical director position. It is important to consult with an attorney to ensure that the Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is tailored to meet the unique needs and circumstances of the physician and the professional corporation involved.
A Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal contract that outlines the terms of the professional relationship between a physician and a professional corporation in the state of Wisconsin. This agreement allows a physician to provide medical services as an independent contractor while being affiliated with a professional corporation. Keywords: Wisconsin, agreement, physician, self-employed, independent contractor, professional corporation, legal contract, terms, professional relationship, medical services, affiliated. There may be different types of Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, which can include: 1. General Agreement: This is the standard agreement that outlines the general terms and conditions of the physician's relationship with the professional corporation. It includes details such as the scope of services, compensation structure, termination clauses, and any additional obligations or restrictions. 2. Non-Compete Agreement: In some cases, a professional corporation may require the physician to sign a non-compete agreement, which restricts the physician from practicing medicine within a certain geographic area for a specified period after the termination of the agreement. This clause is designed to protect the professional corporation's interests. 3. Partnership Option Agreement: In certain situations, the agreement may include an option for the physician to become a partner in the professional corporation after fulfilling specific criteria or meeting certain performance benchmarks. This agreement outlines the terms and conditions of the partnership, including profit-sharing, decision-making authority, and governance structure. 4. Exclusive Provider Agreement: If the physician agrees to provide medical services exclusively through the professional corporation, an exclusive provider agreement may be included. This contract ensures that the physician does not work for any other entity or organization during the term of the agreement and establishes the terms of compensation and other relevant provisions. 5. Medical Director Agreement: in cases where the physician takes on a medical director role within the professional corporation, a separate agreement may be drafted. This agreement outlines the responsibilities, obligations, compensation, and other terms specific to the medical director position. It is important to consult with an attorney to ensure that the Wisconsin Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is tailored to meet the unique needs and circumstances of the physician and the professional corporation involved.