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    Profit Sharing Agreement Between Doctor and Hospital

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    Nitin Agarwal
    This document is a profit sharing agreement between a hospital company and a doctor for opening a dental unit within one of the company's franchised hospitals. The agreement outlines that the company will share a percentage of its post-tax profits as required by its franchise agreement, and that the doctor will partner with the company to open and operate the dental unit under the hospital brand name. The agreement defines key terms and sets forth the rights, obligations, and financial arrangements between the parties regarding the operation and profit sharing of the dental unit.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Profit Sharing Agreement Between Doctor and Hospital

    Uploaded by

    Nitin Agarwal
    5K views2 pages
    This document is a profit sharing agreement between a hospital company and a doctor for opening a dental unit within one of the company's franchised hospitals. The agreement outlines that the company will share a percentage of its post-tax profits as required by its franchise agreement, and that the doctor will partner with the company to open and operate the dental unit under the hospital brand name. The agreement defines key terms and sets forth the rights, obligations, and financial arrangements between the parties regarding the operation and profit sharing of the dental unit.

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    Profit Sharing Agreement Between Doctor and Hospital

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    This document is a profit sharing agreement between a hospital company and a doctor for opening a dental unit within one of the company's franchised hospitals. The agreement outlines that the company will share a percentage of its post-tax profits as required by its franchise agreement, and that the doctor will partner with the company to open and operate the dental unit under the hospital brand name. The agreement defines key terms and sets forth the rights, obligations, and financial arrangements between the parties regarding the operation and profit sharing of the dental unit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5K views2 pages

    Profit Sharing Agreement Between Doctor and Hospital

    Uploaded by

    Nitin Agarwal
    This document is a profit sharing agreement between a hospital company and a doctor for opening a dental unit within one of the company's franchised hospitals. The agreement outlines that the company will share a percentage of its post-tax profits as required by its franchise agreement, and that the doctor will partner with the company to open and operate the dental unit under the hospital brand name. The agreement defines key terms and sets forth the rights, obligations, and financial arrangements between the parties regarding the operation and profit sharing of the dental unit.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Evaluer.

    Simplifying Agreements and Contracts

    PROFIT SHARING AGREEMENT

    This profit sharing agreement (the “Agreement”) is made and effective the [DATE]

    BETWEEN: ________________, a company incorporated under the Indian


    Companies Act, 2013 having its registered office at
    ________________________________________________________
    __________ (the “Company”), through its managing director Mr.
    ____________________________________ duly authorized by the
    Board of Directors of the Company vide board resolution, dated
    ________________ to execute this Agreement. Which expression shall
    unless repugnant to the context or meaning thereof, be deemed to
    include its successors and permitted assigns of the First Part;

    AND: Dr. [Doctor Name], residing at [Full Address of Doctor] (hereinafter


    referred to as “Dr. ABC”), which expression shall, unless it be
    repugnant to the context or meaning thereof, be deemed to mean and
    include each of his legal heirs, representatives, permitted assigns,
    executors, administrators and successors-in-interest) of the Second Part.

    The Company and Dr. ABC are hereinafter collectively referred to as “Parties” or individually as
    “Party”.
    WHEREAS:
    The Company is a franchise of ___________ Hospitals, a leading hospital chain, widely
    recognized as the pioneer of private healthcare in India.
    The Company, by virtue of a franchise agreement has agreed to part with _____________% of
    it’s after tax profit as royalty for use of trade name.
    The Company is engaged in the business of providing similar services as the hospitals does at its
    various centers across India.
    Dr. ABC has decided to partner with the Company for opening up of a dental unit at the
    Company’s franchised unit at [ADDRESS] (herein after called the “Dental Unit”). The said
    Dental Unit shall be run and operated under the [HOSPITAL NAME] brand name.
    In connection with the above, the Parties hereby enter into this Agreement which sets forth the
    Parties business and commercial understanding between themselves. The Agreement contains

    1|Page www.evaluer.co.in
    Evaluer. Simplifying Agreements and Contracts

    detailed provisions pertaining to the rights and obligations, both financial and otherwise between
    the Parties.
    NOW, THEREFORE, IN CONSIDERATION OF THE PREMISES AND THE
    MUTUAL PROMISES AND COVENANTS SET FORTH HEREIN, THE PARTIES
    AGREE AS FOLLOWS:
    1. DEFINITIONS
    In this Agreement, unless repugnant or contrary to the context hereof, the following
    terms, when capitalized, shall have the meanings assigned herein when used in this
    Agreement:

    “Agreement” shall mean this Agreement, the schedules or annexures attached hereto
    and any document included by reference as each may be amended from time to time in
    accordance with terms of this Agreement;

    “Applicable Laws” or “Laws” means all statutes, codes, ordinances, decrees, rules,
    regulations, municipal by-laws, judicial or arbitral or administrative or ministerial or
    departmental or regulatory judgments, orders, decisions, rulings or awards, policies,
    voluntary restraints, guidelines, or any provisions of such laws, including general
    principles of common and civil law and equity, binding on or affecting the person
    referred to in the context in which such word is used.

    OMITTED

    “You can contact us at for a customized agreement and legal


    advice”

    www.evaluer.co.in

    2|Page www.evaluer.co.in

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