A non-profit corporation that owned and operated a metropolitan hospital entered into a physician employment agreement with a general surgeon. The hospital purchased the stock owned by the physician in his medical practice business and entered into a Stock Purchase Agreement and Physician Employment Agreement. The hospital brought an action for damages and injunctive relief, alleging that the physician violated the agreement by opening a separate medical practice. The surgeon brought a counter-claim for breach of contract and punitive damages for seeking to block him from rendering services to the community, claiming he was the only vascular surgeon servicing his geographical area.