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Medical Non Compete Agreement
"I need a Medical Non-Compete Agreement for a cardiology specialist joining our hospital network in Florida, with a two-year restriction period and a 25-mile radius restriction from our three main facilities, to be effective from March 1, 2025."
1. Parties: Identification of the healthcare organization and medical professional
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including medical practice, restricted territory, and competing activities
4. Scope of Restrictions: Specific prohibited activities, geographical limitations, and practice restrictions
5. Duration: Time period for which restrictions apply post-employment
6. Consideration: Value provided in exchange for the restrictions
7. Confidentiality: Protection of sensitive information, patient data, and trade secrets
8. Enforcement: Remedies and procedures for breach of the agreement
1. Garden Leave: Provisions for paid leave during restricted period, typically used for senior medical professionals
2. Buy-out Clause: Terms for releasing the medical professional from restrictions through financial compensation
3. Patient Transition: Procedures and protocols for transferring patient care upon termination
1. Schedule A - Geographic Territory: Detailed map or description of restricted area with specific radius or boundaries
2. Schedule B - Competing Entities: List of specific competitors or competing facilities within the restricted area
3. Schedule C - Protected Procedures: Enumeration of specific medical procedures covered by the restrictions
4. Schedule D - Compensation Details: Detailed breakdown of consideration provided for the non-compete restrictions
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