ADDITIONAL PRACTICES. AmeriPath may, in its discretion, seek to add additional practices (each such Practice being an "Additional Practice") to this Agreement. If AmeriPath desires to add an Additional Practice, AmeriPath shall provide the Practice with a business analysis of the Additional Practice, including business operations, financial condition and results of operations. The decision to admit an Additional Practice shall be subject to the approval of the Managing Director, which approval shall not be unreasonably withheld. After an agreement to add an Additional Practice has been reached, the Practice and AmeriPath shall enter into an amendment (the "New Practice Amendment") to this Agreement. The New Practice Amendment shall include the understanding of the parties with respect to AmeriPath's compensation and other issues agreed upon by the Board and the Additional Practice. The New Practice Amendment shall obligate the Additional Practice to be bound by the New Practice Amendment.
Appears in 2 contracts
Sources: Management Agreement (Ameripath Inc), Management Agreement (Ameripath Inc)
ADDITIONAL PRACTICES. AmeriPath may, in its discretion, seek to add additional practices for Dermatopathology services (each such Practice being an "Additional Practice") to this Agreement. If AmeriPath desires to add an Additional Practice, AmeriPath shall provide to the Practice with Steering Committee a business analysis of the Additional Practice, including business operations, financial condition and results of operations. The decision to admit an Additional Practice shall be subject to the approval of the Managing Director, which approval shall not be unreasonably withheldSteering Committee. After an agreement to add an Additional Practice has been reached, the Practice and AmeriPath shall enter into an amendment (the "New Practice Amendment") to this Agreement. The New Practice Amendment shall include the understanding of the parties with respect to AmeriPath's compensation and other issues agreed upon by the Board Steering Committee and the Additional Practice. The New Practice Amendment shall obligate the Additional Practice to be bound by the New Practice Amendment.
Appears in 2 contracts
Sources: Management Agreement (Ameripath Inc), Management Agreement (Ameripath Inc)
ADDITIONAL PRACTICES. AmeriPath may, in its discretion, seek to add additional practices (each such Practice being an "Additional Practice") to this Agreement. If AmeriPath desires to add an Additional Practice, AmeriPath shall provide the Practice with a business analysis of the Additional Practice, including business operations, financial condition and results of operations. The decision to admit an Additional Practice shall be subject to the approval of the Managing Director, which approval shall not be unreasonably withheldBoard. After an agreement to add an Additional Practice has been reached, the Practice and AmeriPath shall enter into an amendment (the "New Practice Amendment") to this Agreement. The New Practice Amendment shall include the understanding of the parties with respect to AmeriPath's compensation and other issues agreed upon by the Board and the Additional Practice. The New Practice Amendment shall obligate the Additional Practice to be bound by the New Practice Amendment.
Appears in 1 contract
Sources: Management Agreement (Ameripath Inc)