Common use of Exclusive Compensation Clause in Contracts

Exclusive Compensation. In the event the P.A. or any Physician receives any payment or other remuneration for any Services rendered by it or a Physician to a Patient at the Facility. The P.A. acknowledges that it is holding such payment in trust for the benefit of Ambergris and it will, and will cause the Physician to, promptly turn such amounts over to Ambergris, with any attached documentation. The P.A. expressly agrees that the compensation received by it from Ambergris under article 5 will satisfy and discharge in full all of the P.A.’s and the Physician’s claims upon Ambergris and/or any Patient and/or his/her third party payor or insurer for compensation in respect to Services provided by the P.A. and Physician at the Facility to Patients pursuant to this Agreement. The P.A. and Physicians will not ▇▇▇▇ or seek to collect payments from any Patient, his/her third party payor or insurer for any Services rendered any Patient. The provisions of this Section 6.3 will survive the expiration or termination of this Agreement, with or without cause.

Appears in 3 contracts

Sources: Independent Contractor Agreement, Independent Contractor Agreement (Radiation Therapy Services Holdings, Inc.), Independent Contractor Agreement (Radiation Therapy Services Inc)