Transition Payment. If Resident’s Level of Training is PGY-1, Resident shall be eligible for a one-time transition payment to assist new PGY-1 resident physicians with the transition into their graduate medical education. The amount of this transition payment is a one-time payment of Five Thousand and 00/100 Dollars ($5,000.00), less applicable deductions and withholdings.
Appears in 2 contracts
Sources: Resident Physician Employment Agreement, Resident Physician Employment Agreement