Repayment Provisions - Physician Contract Glossary

Repayment Provisions

Definition

Terms requiring you to pay back certain amounts received under the contract.

Examples in Context

“If Physician leaves before one year, all sign-on bonuses must be repaid.”

“In the event Physician fails to fulfill the two-year commitment period, relocation assistance shall be repaid in full within 30 days.”

“Any draw advanced that exceeds actual collections must be repaid within 60 days following the contract's end.”

Implications for Physicians

• Could face substantial financial liability if ending the contract early.
• Repayment may apply to draws, bonuses, or student loan guarantees.

Negotiation Tips

• Ask for a prorated repayment structure to reduce risk.
• Negotiate any interest charged on the repayment amount.
• Request a grace period or flexible timeline for repayment.

Red Flags and Pitfalls

• Repayment demanded even if you’re terminated without cause.
• Immediate lump-sum repayment with no flexible options.
• Employer withholding your final paycheck as part of repayment.

Related Terms

• Sign-on Bonus
• Guaranteed Financial Assistance
• Termination without Cause

FAQs

• “Do I have to repay if I’m terminated without cause?”
  • In some cases, yes. Review your contract to confirm repayment conditions.
• “Can repayment terms be waived?”
  • Sometimes employers will waive repayment if your departure benefits their business needs. Always ask.
• “Are repayment provisions enforceable?”
  • Often yes. Courts typically uphold clear repayment language unless it's deemed excessive or unreasonable.

Legal Disclaimer

The information provided in this glossary is for educational and informational purposes only and should not be construed as legal advice. While we strive to provide accurate and up-to-date information, this content is intended to help physicians better understand common contract terms and does not replace professional legal guidance.

For personalized advice regarding your employment contract or other legal concerns, we strongly recommend consulting with a qualified attorney who specializes in physician employment contracts.

You can find experienced legal professionals through our Physician Contract Lawyer Directory.