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Practice Continuation Check List Agreement

  Date Completed Comments
     
1. Temporary Service Provide in Case of Disability.    
A. What Constitutes a Temporary Disability    
1. Who will make that determination    
2. How much will you be able to participate    
B. Services to be Provided    
C. Fee Structure    
     
2. Sales price or Agreed Upon Method for Determining the Value of Your Practice    
A. What is Included in the Sales Price    
1. The firm's clients    
2. Equipment to be purchased    
3. Land, building(s) and other equipment    
B. Other Assets    
C. Percentage of the Sales Price Down    
Balance to be Paid in Installments    
D. How Are Installment Payments to be Determined    
     
3. Accounts Receivable    
A. Who is to collect Receivables    
B. Collection Fee to be Paid by the Buyer    
     
4. Work in Process Amount Due to Seller    
     
5. Termination of this Agreement    
A. Thirty (30) Day Written Notice of Either Party    
     
6. Have your Attorney Complete the Agreement    
     
7. Notify Your Spouse or Other Responsible Individual    
     
8. Notify All of Your Clients Concerning the Practice Continuation Agreement