Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation

• Category: Contracts - Physicians
• State: Multi-State
• County: Travis
• 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 Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding contract that establishes the terms and conditions between a physician and a professional corporation in Travis County, Texas. This agreement outlines the relationship, responsibilities, and obligations of both parties involved. Keywords: Travis Texas, Agreement Between Physician, Self-Employed Independent Contractor, Professional Corporation, legal contract, terms and conditions, responsibilities, obligations, relationship. There are different types of Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, which include but are not limited to: 1. General Agreement: This type of agreement outlines the general terms and conditions of the physician's engagement as an independent contractor with the professional corporation. It covers aspects such as compensation, work hours, scope of practice, termination, and confidentiality. 2. Non-Compete Agreement: In certain cases, the physician may be required to sign a non-compete agreement as part of the contractual obligations. This agreement restricts the physician from practicing within a specific geographic area or competing with the professional corporation for a certain period after termination. 3. Partnership Agreement: If the physician wishes to become a partner in the professional corporation, a partnership agreement may be established. This agreement not only covers the usual terms and conditions but also outlines the capital contributions, profit-sharing arrangements, decision-making processes, and dissolution procedures. 4. Buy-Sell Agreement: In the scenario where the physician intends to buy or sell shares in the professional corporation, a buy-sell agreement is executed. This agreement sets the terms for the purchase or sale of shares, including valuation methods, payment terms, and conditions for triggering a buy-sell event. 5. Services Agreement: Occasionally, a physician may provide specific services to the professional corporation through an independent contractor arrangement. This services agreement details the nature of the services to be rendered, compensation, performance standards, and termination provisions. It is crucial for both the physician and the professional corporation to ensure that the type of Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation aligns with their specific needs and objectives. Seeking legal counsel to draft or review the agreement before signing is highly recommended protecting the interests of all parties involved.

The Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legally binding contract that establishes the terms and conditions between a physician and a professional corporation in Travis County, Texas. This agreement outlines the relationship, responsibilities, and obligations of both parties involved. Keywords: Travis Texas, Agreement Between Physician, Self-Employed Independent Contractor, Professional Corporation, legal contract, terms and conditions, responsibilities, obligations, relationship. There are different types of Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, which include but are not limited to: 1. General Agreement: This type of agreement outlines the general terms and conditions of the physician's engagement as an independent contractor with the professional corporation. It covers aspects such as compensation, work hours, scope of practice, termination, and confidentiality. 2. Non-Compete Agreement: In certain cases, the physician may be required to sign a non-compete agreement as part of the contractual obligations. This agreement restricts the physician from practicing within a specific geographic area or competing with the professional corporation for a certain period after termination. 3. Partnership Agreement: If the physician wishes to become a partner in the professional corporation, a partnership agreement may be established. This agreement not only covers the usual terms and conditions but also outlines the capital contributions, profit-sharing arrangements, decision-making processes, and dissolution procedures. 4. Buy-Sell Agreement: In the scenario where the physician intends to buy or sell shares in the professional corporation, a buy-sell agreement is executed. This agreement sets the terms for the purchase or sale of shares, including valuation methods, payment terms, and conditions for triggering a buy-sell event. 5. Services Agreement: Occasionally, a physician may provide specific services to the professional corporation through an independent contractor arrangement. This services agreement details the nature of the services to be rendered, compensation, performance standards, and termination provisions. It is crucial for both the physician and the professional corporation to ensure that the type of Travis Texas Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation aligns with their specific needs and objectives. Seeking legal counsel to draft or review the agreement before signing is highly recommended protecting the interests of all parties involved.