Agreements with Competing Plans Sample Clauses

Agreements with Competing Plans. Notwithstanding Section 12.4 of the attached Agreement, if, during the 24-month period from January 1, 1998 through December 31, 1999: (a) the Dental Group enters into an agreement with either Employers Dental Service, Inc. or United Concordia Companies, Inc. (each, a "Competing Company") for the provision of dental care to members of plans of such Competing Company ("Competing Plans"); (b) after the date of any such agreement, an employer group terminates its Dental Service Agreement with the Plan and enters into a dental service agreement with a Competing Plan; and (c) any Members belonging to such employer group are, at the time of such termination, assigned to any facilities of the Dental Group; then, for the remainder of such 24-month period, the minimum monthly payment guaranteed to the Dental Group under Section 6A1, above, shall be reduced by the amount of the monthly premium in effect between the employer group and the Plan at the time of such termination; provided that (1) if no Members belonging to such employer group are, at the time of such termination, assigned to any facilities of the Dental Group, there shall be no such reduction of such minimum monthly payment guarantee; and (2) if, after entering into an agreement for the provision of dental care with Dental Group, a Competing Company enters into any acquisition, merger, consolidation, joint venture, or other business combination with any person or entity that is, at that time, a party to a dental care provision agreement with Dental Group (an "Acquisition") which results in such Competing Company's shareholders immediately before the consummation of such Acquisition owning, immediately after the consummation of such Acquisition, less than 50% of the issued and outstanding capital stock of such Competing Company, the provisions of this Paragraph 7 shall no longer apply with respect to such Competing Company. UNITED DENTAL CARE OF ARIZONA, INC. ASSOCIATED DENTAL CARE PROVIDERS, P.C.
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Related to Agreements with Competing Plans

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