Common use of Guaranteed Minimums Clause in Contracts

Guaranteed Minimums. B-5.1 If net ▇▇▇▇▇▇▇▇ to the Locum Physician are less that the mutually agreed upon minimum wage (either daily or hourly), the Locum Physician will be paid the guaranteed minimums. The set minimum is: Per 7-8 hour day $ , or Per hour $ N/A B-5.3 If there are changes in hours/days to the agreed upon work schedule, then the minimum will be pro-rated accordingly. Any changes in the work schedule have to be agreed to by both parties in advance. If the Locum Physician changes the schedule without prior agreement, then the minimum agreement will be nulled for the days that were changed. If the Hiring Physician changes the schedule without prior agreement, then the minimum agreement still stands as is. B-5.4 For the guaranteed minimum to apply, the Locum Physician agrees to see the requisite number of patients per day/hour (as set out in Appendix A – Section 4.0). The Locum Physician cannot set an arbitrary limit of patients per hour. If the Hiring Physician / clinic fails to book enough patients, the guaranteed minimum will still apply.