Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation

• Category: Contracts - Physicians
• State: Multi-State
• County: Nassau
• Control #: US-00771BG
• Format: Word; Rich Text

Description

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. The Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal document that outlines the terms and conditions of the relationship between a physician and a professional corporation in Nassau County, New York. This agreement is crucial to ensure clarity and protect both parties' rights and responsibilities. Keywords: Nassau New York Agreement, Physician, Self-Employed Independent Contractor, Professional Corporation, relationship, terms and conditions, rights, responsibilities, legal document. Different types of Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation may include: 1. General Agreement: This agreement covers the basic terms and conditions of the relationship between a physician acting as a self-employed independent contractor and a professional corporation in Nassau County, New York. It includes provisions related to compensation, work schedule, benefits, termination, non-compete clauses, and confidentiality. 2. Non-Compete Agreement: This type of agreement focuses specifically on non-compete clauses, which restrict the physician from engaging in similar medical practice within a defined geographical area for a specified period after the termination of the agreement. It aims to protect the professional corporation's interests and prevent the physician from directly competing with the corporation. 3. Buy-Sell Agreement: In the event that the physician wishes to sell their ownership interest in the professional corporation, a buy-sell agreement outlines the terms and conditions of the sale. It includes provisions related to valuation methods, purchase price, payment terms, and conditions for the transfer of ownership. 4. Partnership Agreement: If the physician becomes a partner in the professional corporation, a partnership agreement is drafted to define the rights, responsibilities, and profit-sharing arrangements among the partners. It covers all aspects of the partnership, including decision-making, capital contributions, distribution of profits, withdrawal or retirement of partners, and dispute resolution. 5. Amendment Agreement: If any changes or modifications need to be made to an existing agreement between the physician and the professional corporation, an amendment agreement is used. It outlines the specific changes that need to be made and ensures that both parties have a clear understanding of the revised terms. These different types of Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation help establish a legally binding framework that governs the relationship between physicians and professional corporations, ensuring fairness, clarity, and protection for all parties involved.

The Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal document that outlines the terms and conditions of the relationship between a physician and a professional corporation in Nassau County, New York. This agreement is crucial to ensure clarity and protect both parties' rights and responsibilities. Keywords: Nassau New York Agreement, Physician, Self-Employed Independent Contractor, Professional Corporation, relationship, terms and conditions, rights, responsibilities, legal document. Different types of Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation may include: 1. General Agreement: This agreement covers the basic terms and conditions of the relationship between a physician acting as a self-employed independent contractor and a professional corporation in Nassau County, New York. It includes provisions related to compensation, work schedule, benefits, termination, non-compete clauses, and confidentiality. 2. Non-Compete Agreement: This type of agreement focuses specifically on non-compete clauses, which restrict the physician from engaging in similar medical practice within a defined geographical area for a specified period after the termination of the agreement. It aims to protect the professional corporation's interests and prevent the physician from directly competing with the corporation. 3. Buy-Sell Agreement: In the event that the physician wishes to sell their ownership interest in the professional corporation, a buy-sell agreement outlines the terms and conditions of the sale. It includes provisions related to valuation methods, purchase price, payment terms, and conditions for the transfer of ownership. 4. Partnership Agreement: If the physician becomes a partner in the professional corporation, a partnership agreement is drafted to define the rights, responsibilities, and profit-sharing arrangements among the partners. It covers all aspects of the partnership, including decision-making, capital contributions, distribution of profits, withdrawal or retirement of partners, and dispute resolution. 5. Amendment Agreement: If any changes or modifications need to be made to an existing agreement between the physician and the professional corporation, an amendment agreement is used. It outlines the specific changes that need to be made and ensures that both parties have a clear understanding of the revised terms. These different types of Nassau New York Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation help establish a legally binding framework that governs the relationship between physicians and professional corporations, ensuring fairness, clarity, and protection for all parties involved.