IPS Clause Samples
The IPS (Investment Policy Statement) clause defines the guidelines and objectives for managing investments within an account or portfolio. It typically outlines the investment goals, risk tolerance, asset allocation strategies, and any restrictions or preferences that must be followed by the investment manager. For example, the clause may specify that only certain asset classes are permitted or set limits on exposure to particular sectors. Its core practical function is to ensure that investment decisions are made in alignment with the client's objectives and constraints, thereby providing a clear framework for accountability and risk management.
IPS. CMO shall provide practice management services by contract to IPs. An IP is a physician who has his/her own office, overhead and staff. IPs will receive patient referrals from CMO, but they will also have their own patient referral base. CMO will provide medical billing, physician quality assessment and review, marketing to patient groups, marketing to insurance companies for access to provider contracts, and referrals from APs or other sources. The fee to CMO from IPs will be 20% of gross collected ▇▇▇▇▇▇▇▇, with a 5% quarterly rebate to IP based upon achieving quality goals. An IP contract is attached as Exhibit A. FRANCHISER shall provide CMO with the IP contracts.
IPS. IPS is, or will be at the time of closing, a wholly owned subsidiary of ACI.
IPS. Title to and commercial rights in the complete IPS system's intellectual property shall be retained by EI.