PHYSICIAN SHAREHOLDERS Sample Clauses

The PHYSICIAN SHAREHOLDERS clause defines the rights, responsibilities, and conditions applicable to physicians who hold shares in a medical practice or healthcare corporation. It typically outlines eligibility criteria for becoming a shareholder, procedures for acquiring or transferring shares, and any restrictions on ownership, such as requiring active medical licensure or employment with the practice. This clause ensures that ownership remains within qualified medical professionals, thereby maintaining professional control over the practice and aligning the interests of physician-owners with the organization's goals.