Understanding and Evaluating Associateship Opportunities
Critical Components of a Written Agreement

Course Author(s): David G. Dunning, MA, PhD; Robert D. Madden, DDS, MBA

Critical Components of a Written Agreement

  1. Status of the associate dentist (employee or independent contractor)
  2. Schedule and location of services
  3. Professional liability insurance
  4. How the associate is to be compensated
  5. Duties for the owner and the associate
  6. Business related expenses
  7. Patients charts and records
  8. Restrictive covenants
  9. Confidentiality of business trade secrets
  10. Associate’s right to buy-in/buy-out
  11. Indemnification of parties
  12. Attorney’s fees
  13. Cross insurance of parties27