Contract analysis
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Contract analysis / template-physician-consulting-agreement.docx
template-physician-consulting-agreement.docx
High · 6
Medium · 3
Standard · 0
ARTICLE 1 — DEFINITIONS
High
⚑ Penalty / liquidated damages
ARTICLE 1 — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below. Capitalized terms used in this Agreement that are not defined in this Article 1 shall have the meanings ascribed to them elsewhere in this Agreement and the Exhibits hereto. 1.1 "Affiliate" means any entity that directly or indirectly controls, is controlled by, or is under common control with the Company,
ARTICLE 2 — ENGAGEMENT; SCOPE OF SERVICES
High
⚑ Non-compete / exclusivity restraint
ARTICLE 2 — ENGAGEMENT; SCOPE OF SERVICES 2.1 Engagement. The Company hereby engages the Consultant, and the Consultant hereby accepts such engagement, to provide the consulting services described in the Scope of Services (Exhibit A), subject to and in accordance with the terms and conditions of this Agreement. The engagement of the Consultant hereunder is based upon the Company's determination that the Consultant po
ARTICLE 3 — TERM AND TERMINATION
High
⚑ Unilateral / for-convenience termination
ARTICLE 3 — TERM AND TERMINATION 3.1 Term. This Agreement shall commence on the Effective Date and shall continue for a period of \\\\\\\\\\\\\\\\\\\\\\ (Insert: twelve (12) months / other specified period) (the "Initial Term"), unless earlier terminated in accordance with this Article 3. The Initial Term and any renewal term are collectively referred to as the "Term." The term and schedule of services, including the
ARTICLE 4 — COMPENSATION
Medium
⚑ Liability cap to check against exposure
ARTICLE 4 — COMPENSATION 4.1 Hourly Rate. In consideration of the Consultant's performance of the services described in the Scope of Services (Exhibit A), the Company shall pay the Consultant at the hourly rate set forth in the Compensation Schedule (Exhibit B). The hourly rate is tiered based on the Consultant's medical specialty, years of relevant experience, and academic rank, within the range of Three Hundred Fif
ARTICLE 5 — OBLIGATIONS OF THE CONSULTANT
ARTICLE 5 — OBLIGATIONS OF THE CONSULTANT 5.1 Performance Standard. The Consultant shall perform all services under this Agreement in a professional, competent, diligent, and timely manner, consistent with the highest applicable standards of medical practice and professional ethics, and in accordance with the Scope of Services (Exhibit A). The Consultant represents that the Consultant possesses the knowledge, skills,
ARTICLE 6 — CONFIDENTIALITY
Medium
⚑ Notice / time limit to track
ARTICLE 6 — CONFIDENTIALITY 6.1 Confidential Information. As used in this Agreement, "Confidential Information" means all non-public, proprietary, or confidential information of the Company or its Affiliates, whether disclosed in writing, orally, electronically, visually, or by any other means, and whether or not marked or identified as "confidential," that is disclosed to, or learned, observed, or obtained by, the C
ARTICLE 7 — INTELLECTUAL PROPERTY
High
⚑ Non-compete / exclusivity restraint
ARTICLE 7 — INTELLECTUAL PROPERTY 7.1 Work Product. All work product, deliverables, inventions, discoveries, improvements, designs, reports, analyses, recommendations, presentations, data compilations, and other materials of any kind or nature (collectively, "Work Product") created, conceived, developed, or reduced to practice by the Consultant, alone or jointly with others, in the performance of services under this
ARTICLE 8 — COMPLIANCE REPRESENTATIONS AND WARRANTIES
Medium
⚑ Forum / governing law
ARTICLE 8 — COMPLIANCE REPRESENTATIONS AND WARRANTIES 8.1 General Compliance. The Consultant represents and warrants to the Company as of the Effective Date and on a continuing basis during the Term that: (a) The Consultant shall comply with all Applicable Law in connection with the performance of services under this Agreement, including without limitation the AKS, the False Claims Act, the Physician Payments Sunshin
ARTICLE 9 — INDEMNIFICATION
High
⚑ Penalty / liquidated damages
ARTICLE 9 — INDEMNIFICATION 9.1 Consultant Indemnification. The Consultant shall indemnify, defend, and hold harmless the Company and its Affiliates, and their respective officers, directors, employees, agents, successors, and assigns (collectively, the "Company Indemnitees"), from and against any and all losses, claims, damages, liabilities, penalties, fines, costs, and expenses (including reasonable attorneys' fees
ARTICLE 10 — GENERAL PROVISIONS
High
⚑ Non-compete / exclusivity restraint
ARTICLE 10 — GENERAL PROVISIONS 10.1 Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the Commonwealth of Massachusetts, without regard to any conflicts of law principles that would require the application of the laws of any other jurisdiction. 10.2 Dispute Resolution. Any dispute, controversy, or claim arising out of or relating to this Agreement, includi