One party has terminated. Who pays the Exit Costs? (Standard IPA language).
(e) Physician and Practice will share the costs of Physician’s medical malpractice coverage, Licensing Fees and Credentialing Fees to the extent provided in Section D of Exhibit A, unless (i) this Agreement is terminated by Practice under clause (a), above; and (ii) such termination was not due to Physician’s failure to meet Practice’s reasonable expectation (as determined in relation to Practice’s other physicians) regarding the quality of Physician’s Services or provision of care to patients.
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Did the Practice terminate the Physician on 180 days notice (i.e., per Sec 15(a))?
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YES
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Was the underlying reason for the termination Physician's failure to meet Practice's reasonable expectations regarding the quality of the rad's Services or provision of patient care (per 15(e))?
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NO
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Agreement is silent- Physician doesn't pay anything. We just eat the costs.
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NO
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YES
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Did the Physician terminate on 180 days notice (i.e., per Sec 15(a))?
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YES
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Practice and Physician share per table in Exhibit A, Section D.
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NO
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Did Practice terminate for uncured breach (15(b))?
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YES
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Physician pays 100% of the Exit Costs (Ex. A, Sec D, first sentence)
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Who Pays Exit Costs
