This medical director agreement template clause seeks to protect the organization. When filling out this section, ensure you use unambiguous language. The procedures to be taken if a conflict of interest arises should be well defined. The measures should be flexible to allow case-by-case evaluation without contradicting the medical organization’s policies. For the non-compete clause, ensure its validity period aligns with labor laws in your jurisdiction.
The medical director acknowledges and agrees to promptly disclose, in writing, any potential conflicts of interest that may arise while performing their duties. Such disclosures shall be made to [Sender.Company] (Name of the Organization) and include all relevant details about the nature and extent of the potential conflict.
Measures to Mitigate Conflicts
Upon disclosure of a potential conflict of interest, [Sender.Company] (Name of the Organization) and the medical director shall collaborate to determine appropriate measures to mitigate the conflict. These measures may include but are not limited to recusal from decision-making processes, the appointment of an independent review committee, or any other necessary actions.
The parties recognize the importance of proactively addressing conflicts of interest and following all applicable laws, regulations, and ethical standards governing medical practice.
By entering this contract, the medical director agrees that during the term of this agreement and for a period of (Insert Contract Duration) following the termination or expiration of this agreement, he/she shall not, directly or indirectly, engage in or participate as an employee, consultant, independent contractor, or in any other capacity, any business or enterprise that competes with the [Sender.Company] (Name of the Organization) within (Insert Geographical Area)
Compliance With Laws and Regulations
Insurance & Indemnification