Common use of Additional Revenue Clause in Contracts

Additional Revenue. A. Subject to compliance with Governing Athletics Regulations, including but not limited to current NCAA Bylaw 11.2.2 and 11.3.2, and LSU Permanent Memorandum 11 (“PM-11”), EMPLOYEE may earn or receive other revenue (“Additional Revenue”) while employed by LSU, including working with sports camps or clinics, provided, however, that EMPLOYEE shall obtain prior written approval from the Athletic Director before engaging in any commercial or private venture, including the use of EMPLOYEE’s name by any commercial, public or private entity, which approval shall not be unreasonably withheld or delayed. EMPLOYEE shall report annually to the President and the Athletic Director, in writing, in compliance with NCAA Bylaws 11.2.2, 11.3.2.1, and 11.3.2.1.1, and any applicable LSU policy, all athletically-related income or benefits received by DocuSign Envelope ID: BA523816-055E-457A-948A-FE096A1264BC DocuSign Envelope ID: 5171E73B-04A8-4644-8B28-3F711C6C6ACE EMPLOYEE from sources outside LSU, and LSU shall have reasonable access to all records of EMPLOYEE to verify this report. LSU does not guarantee any amount of Additional Revenue.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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Additional Revenue. A. Subject to compliance with Governing Athletics Regulations, including but not limited to current NCAA Bylaw 11.2.2 and 11.3.2, and LSU Permanent Memorandum 11 (“PM-11”), EMPLOYEE may earn or receive other revenue (“Additional Revenue”) while employed by LSU, including working with sports camps or clinics, provided, however, that EMPLOYEE shall obtain prior written approval from the Athletic Director President before engaging in any commercial or private venture, including the use of EMPLOYEE’s name by any commercial, public or private entity, which such approval shall not be unreasonably withheld or delayed. EMPLOYEE shall report annually to the President and the Athletic Director, in writing, in compliance with NCAA Bylaws 11.2.2, 11.3.2.1, and 11.3.2.1.1, and DocuSign Envelope ID: 5F126320-7C02-4E33-952C-29DE5A7AD468 DocuSign Envelope ID: 54C56A7A-B277-492E-8288-5D5D578345DA any applicable LSU policy, all athletically-related income or benefits received by DocuSign Envelope ID: BA523816-055E-457A-948A-FE096A1264BC DocuSign Envelope ID: 5171E73B-04A8-4644-8B28-3F711C6C6ACE EMPLOYEE from sources outside LSU, and LSU shall have reasonable access to all records of EMPLOYEE to verify this report. LSU does not guarantee any amount of Additional Revenue.

Appears in 3 contracts

Samples: E Mployment Agreement, Employment Agreement, E Mployment Agreement

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