Allowable Amendments. In their individual contract negotiations, a player and a Team may amend the provisions of a Uniform Player Contract, but only in the following respects: (a) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Cash Compensation to be paid or amounts to be loaned to the player for each Season of the Contract for rendering the services described in such Contract. (b) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Non-Cash Compensation to be paid or provided to the player for rendering the services described in such Contract. (c) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth lump sum bonuses, and the payment schedule therefore, to be paid as a result of: (i) the player’s execution of a Uniform Player Contract or Extension (a “signing bonus”), (ii) the exercise or non- exercise of an option pursuant to Articles VII and XII, (iii) the player’s achievement of agreed-upon benchmarks relating to his performance as a player or the Team’s performance during a particular NBA Season, subject to the limitations imposed by paragraph 3(c) of the Uniform Player Contract, or (iv) the player’s achievement of agreed- upon benchmarks relating to his physical condition or academic achievement, including the player’s attendance at and participation in an off-season summer league and/or an off-season skill and conditioning program designated by the Team (subject to the limitations imposed by Section 11(h) below). Any amendment agreed upon pursuant to subsections (iii) or (iv) of this subsection (c) must be structured so as to provide an incentive for positive achievement by the player and/or the Team; and any amendment agreed upon pursuant to subsection (iii) must be based upon specific numerical benchmarks or generally recognized league honors. By way of example and not limitation, an amendment agreed upon pursuant to subsection (iii) may provide for the player to receive a bonus if his free- throw percentage exceeds 80%, but may not provide for the player to receive a bonus if his free-throw percentage improves over his previous season’s percentage. (d) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) with respect to extra promotional appearances to be performed by the player (in addition to those required by paragraph 13 of such Contract) and the Compensation therefor. (e) By agreeing upon a Compensation payment schedule (to be set forth in Exhibit 1 to a Uniform Player Contract) different from that provided for by paragraph 3(a) of the Uniform Player Contract; provided, however, such amendment shall comply with the provisions of Section 11(f) below and that no such amendment shall be permitted with respect to any Season in which the player’s Compensation is not greater than the Minimum Player Salary called for with respect to that Season pursuant to Section 6 below. (f) By agreeing upon provisions (to be set forth in Exhibit 2 to a Uniform Player Contract) stating that the Cash Compensation provided for by a Uniform Player Contract (as described in Exhibit 1 to such Contract) shall be, in whole or in part, and subject to any conditions or limitations, protected or insured (as provided for by, and in accordance with the definitions set forth in, Section 4 below) in the event that such Contract is terminated by the Team by reason of the player’s: (i) lack of skill; (ii) death not covered by an insurance policy procured by a Team for the player’s benefit (“non- insured death”); (iii) death covered by an insurance policy procured by a Team for the player’s benefit (“insured death”); (iv) disability or unfitness to play skilled basketball resulting from a basketball-related injury not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured basketball-related injury”); (v) disability or unfitness to play skilled basketball resulting from any injury or illness not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured injury or illness”); (vi) disability or unfitness to play skilled basketball resulting from an injury or illness covered by an insurance policy procured by a Team for the player’s benefit (“insured injury or illness”); (vii) mental disability not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured mental disability”); and/or (viii) mental disability covered by an insurance policy procured by a Team for the player’s benefit (“insured mental disability”). (g) By agreeing upon provisions (to be set forth in Exhibit 3 to a Uniform Player Contract) limiting or eliminating the player’s right to receive his Cash Compensation (in accordance with paragraphs 7(c), 16(a)(iii), and 16(b) of the Uniform Player Contract) when the player’s disability or unfitness to play skilled basketball is caused by the re-injury of an injury sustained prior to, or by the aggravation of a condition that existed prior to, the execution of the Uniform Player Contract providing for such Cash Compensation. (h) By agreeing upon provisions (to be set forth in Exhibit 4 to a Uniform Player Contract) (i) entitling a player to earn Cash Compensation upon the assignment of such player’s Uniform Player Contract, or (ii) prohibiting or limiting the Team’s right to assign such player’s Contract to another Team, subject, however, in either case (i) or (ii) to the provisions of Article XXIV. (i) By agreeing upon provisions (to be set forth in Exhibit 5 to a Uniform Player Contract) permitting the player to participate or engage in some or all of the activities otherwise prohibited by paragraph 12 of the Uniform Player Contract; provided, however, that paragraph 12 of the Uniform Player Contract may not be amended to permit a player to participate in any public game or public exhibition of basketball not approved in accordance with Article XXIII of this Agreement. (j) By agreeing upon provisions (to be set forth in Exhibit 6 to a Uniform Player Contract) establishing the date and time of a physical examination of the player to be performed by a physician designated by the Team within seventy-two
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
Allowable Amendments. In their individual contract negotiations, a player and a Team may amend the provisions of a Uniform Player Contract, but only in the following respects:
(a) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Cash Compensation to be paid or amounts to be loaned to the player for each Season of the Contract for rendering the services and performing the obligations described in such Contract.
(b) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Non-Cash Compensation to be paid or provided to the player for rendering the services described in such Contract.
(c) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth lump sum bonuses, and the payment schedule thereforedate for each such bonus, to be paid as a result of:
: (i) the player’s execution of a Uniform Player Contract or Extension (a “signing bonus”), ; (ii) the exercise or non- non-exercise of an option pursuant to Articles VII and XII, ; (iii) the player’s achievement of agreed-upon benchmarks relating to his performance as a player or the Team’s performance during a particular NBA Season, subject to the limitations imposed by paragraph 3(c) of the Uniform Player Contract, Contract and Section 11(c) below; or (iv) the player’s achievement of agreed- agreed-upon benchmarks relating to his physical condition or academic achievement, including the player’s attendance at and participation in an off-season summer league and/or an off-season skill and and/or conditioning program designated upon terms and conditions agreed upon by the Team and player (subject to the limitations imposed by provisions of Section 11(h11(b) below). Any amendment agreed upon pursuant to subsections (iii) or (iv) of this subsection (cSection 3(b) must be structured so as to provide an incentive for positive achievement by the player and/or the Team; and any amendment agreed upon pursuant to subsection (iii) must be based upon specific numerical benchmarks or generally recognized league honorsGenerally Recognized League Honors. By way of example and not limitation, an amendment agreed upon pursuant to subsection (iii) may provide for the player to receive a bonus if his free- free-throw percentage exceeds 80%, but may not provide for the player to receive a bonus if his free-throw percentage improves over his previous seasonSeason’s percentage.
(dc) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) with respect to extra promotional appearances to be performed by the player (in addition to those required by paragraph 13 of such Contract) and the Compensation therefor.
(ed) By agreeing upon a Compensation payment schedule (to be set forth in Exhibit 1 to a Uniform Player Contract) different from that provided for by paragraph 3(a) of the Uniform Player Contract; provided, however, that such amendment shall comply with the provisions of Section 11(f3(b) above (relating to bonus payments) and Section 12(e) below and that no the only such amendment that shall be permitted with respect to any Season in which the player’s Compensation is not greater than the Minimum Player Salary called for with respect to that Season pursuant to shall be as described in Section 6 6(h) below.
(fe) By agreeing upon provisions (to be set forth in Exhibit 2 to a Uniform Player Contract) stating that the Cash Base Compensation provided for by a Uniform Player Contract (as described in Exhibit 1 to such Contract) shall be, in whole or in part, and subject to any conditions or limitations, protected or insured (as provided for by, and in accordance with the definitions set forth in, Section 4 below) in the event that such Contract is terminated by the Team by reason of the player’s:
(i) lack of skill;
(ii) death not covered by an insurance policy procured by a Team for the player’s benefit (“non- non-insured death”);
(iii) , or death covered by an insurance policy procured by a Team for the player’s benefit (“insured death”), provided that a Contract can contain protection or insurance for only one of the two categories set forth in this Section 3(e)(ii);
(iviii) disability or unfitness to play skilled basketball resulting from a basketball-related injury not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured basketball-basketball- related injury”);
(v) , disability or unfitness to play skilled basketball resulting from any injury or illness not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured injury or illness”);
(vi) , or disability or unfitness to play skilled basketball resulting from an injury or illness covered by an insurance policy procured by a Team for the player’s benefit (“insured injury or illness”);, provided that a Contract can contain protection or insurance in only one of the three categories set forth in this Section 3(e)(iii); and/or
(viiiv) mental disability not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured mental disability”); and/or
(viii) , or mental disability covered by an insurance policy procured by a Team for the player’s benefit (“insured mental disability”), provided that a Contract can contain protection or insurance in only one of the two categories set forth in this Section 3(e)(iv).
(gf) By agreeing upon provisions (to be set forth in Exhibit 3 to a Uniform Player Contract) limiting or eliminating the player’s right to receive his Cash Base Compensation (in accordance with paragraphs 7(c), 16(a)(iii), and 16(b) of the Uniform Player Contract) when the player’s disability or unfitness to play skilled basketball is caused by the re-injury of an injury sustained prior to, or by the aggravation of a condition that existed prior to, the execution of the Uniform Player Contract providing for such Cash Base Compensation.
(hg) By agreeing upon provisions (to be set forth in Exhibit 4 to a Uniform Player Contract) (i) entitling a player to earn Cash Compensation upon the assignment of if such player’s Uniform Player Contract, or (ii) prohibiting or limiting the Team’s right to assign such player’s Contract is traded to another TeamNBA team, subject, however, in either case (i) or (ii) to the provisions of Article XXIV.
(i) By agreeing upon provisions (to be set forth in Exhibit 5 to a Uniform Player Contract) permitting the player to participate or engage in some or all of the activities otherwise prohibited by paragraph 12 of the Uniform Player Contract; provided, however, that paragraph 12 of the Uniform Player Contract may not be amended to permit a player to participate in any public game or public exhibition of basketball not approved in accordance with Article XXIII of this Agreement.
(j) By agreeing upon provisions (to be set forth in Exhibit 6 to a Uniform Player Contract) establishing the date and time of a physical examination of the player to be performed by a physician designated by the Team within seventy-twoor
Appears in 1 contract
Sources: Collective Bargaining Agreement
Allowable Amendments. In their individual contract negotiations, a player and a Team may amend the provisions of a Uniform Player Contract, but only in the following respects:
(a) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Cash Compensation to be paid or amounts to be loaned to the player for each Season of the Contract for rendering the services and performing the obligations described in such Contract.
(b) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth the Non-Cash Compensation to be paid or provided to the player for rendering the services described in such Contract.
(c) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) setting forth lump sum bonuses, and the payment schedule thereforedate for each such bonus, to be paid as a result of:
: (i) the player’s execution of a Uniform Player Contract or Extension (a “signing bonus”), ; (ii) the exercise or non- exercise of an option pursuant to Articles VII and XII, (iii) the player’s achievement of agreed-upon benchmarks relating to his performance as a player or the Team’s performance during a particular NBA Season, subject to the limitations imposed by paragraph Paragraph 3(c) of the Uniform Player Contract, Contract and Section 12(d) below; or (iviii) the player’s achievement of agreed- agreed-upon benchmarks relating to his physical condition or academic achievementachievement (e.g., earning a college degree or completion of a certified leadership training program), including the player’s attendance at and participation in an off-season summer league and/or an off-season skill and and/or conditioning program designated upon terms and conditions agreed upon by the Team and player (subject to the limitations imposed by provisions of Section 11(h12(c) below). Any amendment agreed upon pursuant to subsections (iiiii) or (iviii) of this subsection (cSection 3(b) must be structured so as to provide an incentive for positive achievement by the player and/or the Team; and any amendment agreed upon pursuant to subsection (iiiii) must be based upon specific numerical benchmarks or generally recognized league honorsGenerally Recognized League Honors. By way of example and not limitation, an amendment agreed upon pursuant to subsection (iiiSection 3(b)(ii) may provide for the player to receive a bonus if his free- free-throw percentage exceeds eighty percent (80%), but may not provide for the player to receive a bonus if his free-throw percentage improves over his previous seasonSeason’s percentage. For purposes of any bonus agreed upon pursuant to subsection (ii), the performance benchmarks must be based solely upon official NBA statistics, and the determination of whether a player has earned any such performance bonus shall be made solely by reference to official NBA statistics as published on ▇▇▇.▇▇▇.
(dc) By agreeing upon provisions (to be set forth in Exhibit 1 to a Uniform Player Contract) with respect to extra promotional appearances to be performed by the player (in addition to those required by paragraph Paragraph 13 of such Contract) and the Compensation therefor.
(ed) By agreeing upon a Compensation payment schedule (to be set forth in Exhibit 1 to a Uniform Player Contract) different from that provided for by paragraph Paragraph 3(a) of the Uniform Player Contract; provided, however, that such amendment shall comply with the provisions of Section 11(f3(b) above (relating to lump sum bonus payments) and Section 13(e) below and that no and, provided, further that: (i) the only such amendment that shall be permitted with respect to any Season in which the player’s Compensation is not greater than the Minimum Player Salary called for shall be as described in Section 6(g) or Section 11(a)(ii) below; and (ii) the only such amendments that shall be permitted with respect to that any Season in which the player’s Compensation is greater than the Minimum Player Salary shall be as follows: (y) a Uniform Player Contract may provide for the player’s Compensation (other than advances pursuant to clause (z) below and amounts paid on a deferred basis in accordance with Article XXV of this Agreement) to be paid in either twelve (12) equal semi-monthly payments or thirty-six (36) equal semi-monthly payments beginning with the first of said payments on November 1 of each year covered by the Contract and continuing with such payments on the first and fifteenth of each month until said Compensation is paid in full; and (z) a Uniform Player Contract that, at the time the Contract is signed, is fully or partially protected for lack of skill and injury or illness for a Season may provide for the player to be paid a portion of his Compensation for such Season, up to the Maximum Advance Amount as defined below, prior to November 1 of such Season. The Maximum Advance Amount for a Season shall equal the lesser of eighty percent (80%) of the amount of the player’s Compensation for such Season that is protected for lack of skill and injury or illness, or fifty percent (50%) of the player’s Base Compensation for such Season; provided that no more than twenty-five percent (25%) of the player’s Base Compensation for such Season may be paid to the player prior to the October 1 immediately preceding the first day of the Regular Season.
(e) By agreeing upon provisions (to be set forth in Exhibit 1A to a Uniform Player Contract) stating that the Contract is intended to provide for Base Compensation equal to the Minimum Player Salary (with no bonuses of any kind) for each Season of the Contract for rendering the services and performing the obligations described in such Contract, in accordance with Section 6 below.
(f) By agreeing upon provisions (to be set forth in Exhibit 1B to a Uniform Player Contract) (i) setting forth the Compensation to be paid to the player (with no bonuses of any kind) for each Season of the Contract for rendering the services and performing the obligations described in such Contract as a Two-Way Player, in accordance with Section 11 below (a “Two-Way Contract”), and (ii) containing a Standard NBA Contract Conversion Option in accordance with Section 11(f) below.
(g) By agreeing upon provisions (to be set forth in Exhibit 1 or Exhibit 1A to a Uniform Player Contract, as applicable), subject to the provisions of Article XXIV, prohibiting or limiting the Team’s right to trade such Contract to another Team.
(h) By agreeing upon provisions (to be set forth in Exhibit 1 or Exhibit 1A to a Uniform Player Contract, as applicable) stating that a player who, pursuant to Article VII, Section 8(b), cannot be traded without his consent, agrees to eliminate his right to consent to a trade.
(i) By agreeing upon provisions (to be set forth in Exhibit 2 to a Uniform Player Contract) stating that the Cash Base Compensation provided for by a Uniform Player Contract (as described in Exhibit 1 1, 1A, or 1B to such Contract) shall be, in whole or in part, and subject to any the standard conditions or limitationslimitations set forth in Section 4 below (and in the form of Exhibit 2) and any additional conditions or limitations that are negotiated by the player and Team to the extent permitted in accordance with Section 4(l) below, protected or insured (as provided for by, and in accordance with the definitions set forth in, Section 4 below) in the event that such Contract is terminated by the Team by reason of the player’s:
(i) lack of skill;
(ii) death not covered by an insurance policy procured by a Team for the player’s benefit (“non- insured death”);
(iii) death covered by an insurance policy procured by a Team for the player’s benefit (“insured death”);
(iv) disability or unfitness to play skilled basketball resulting from a basketball-related injury not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured basketball-related injury”);
(v) , or disability or unfitness to play skilled basketball resulting from any injury or illness not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured injury or illness”);
(vi) disability or unfitness to play skilled basketball resulting from an , provided that a Contract can contain protection in only one of the two categories set forth in this Section 3(i)(iii), and further provided that, for clarity and without limitation, protection for injury or illness covered by an insurance policy procured by a Team shall not include protection for the player’s benefit (“insured injury or illness”);mental disability; and/or
(viiiv) mental disability not covered by an insurance policy procured by a Team for the player’s benefit (“non-insured mental disability”); and/or
(viii) mental disability covered by an insurance policy procured by a Team for the player’s benefit (“insured mental disability”).
(gj) By agreeing upon provisions (to be set forth in Exhibit 3 to a Uniform Player Contract) limiting or eliminating the player’s right to receive his Cash Base Compensation (in accordance with paragraphs Paragraphs 7(c), 16(a)(iii), and 16(b) of the Uniform Player Contract) when the player’s disability or unfitness to play skilled basketball is caused by the re-injury of an injury one or more injuries sustained prior to, or by the aggravation of a condition one or more conditions that existed prior to, the execution of the Uniform Player Contract providing for such Cash Base Compensation. Notwithstanding the foregoing, the provisions set forth in Exhibit 3 to a Uniform Player Contract shall not apply for a Season in the event such Contract is terminated during the period from the February 1 of such Season through the end of that Season.
(hk) By agreeing upon provisions (to be set forth in Exhibit 4 to a Uniform Player Contract) (i) entitling a player to earn Cash Compensation upon the assignment of such player’s Uniform Player Contract), or (ii) prohibiting or limiting the Team’s right to assign such player’s Contract to another Team, subject, however, in either case (i) or (ii) subject to the provisions of Article XXIV, entitling a player to earn Compensation if such player’s Uniform Player Contract is traded to another NBA team.
(il) By agreeing upon provisions (to be set forth in Exhibit 5 to a Uniform Player Contract) permitting the player to participate or engage in some or all of the activities otherwise prohibited by paragraph Paragraph 12 of the Uniform Player Contract; provided, however, that paragraph no amendment to Paragraph 12 of the Uniform Player Contract may not be amended to shall permit a player to participate in any public game or public exhibition of basketball not approved in accordance with Article XXIII of this Agreement.
(jm) By agreeing upon provisions (to be set forth in Exhibit 6 to a Uniform Player Contract) establishing that the date player must report for and time of submit to a physical examination of the player to be performed by a physician designated by the Team, subject to the provisions of Section 13(h) below.
(n) By agreeing to delete Paragraph 7(b) of the Uniform Player Contract in its entirety and substituting therefor the provision set forth in Exhibit 7 to a Uniform Player Contract.
(o) By agreeing either (i) to delete Paragraph 13(b) of the Uniform Player Contract in its entirety, or (ii) to delete the last sixteen (16) words of the first sentence of Paragraph 13(b) of such Contract.
(p) By agreeing upon provisions for the purpose of terminating an already-existing Uniform Player Contract prior to the expiration of its stated term, stating as follows: (i) the Team will request waivers on the player in accordance with Paragraph 16 of the Contract immediately following the Commissioner’s approval of such amendment; and (ii) should the player clear waivers and his Contract thereupon be terminated (x) the amount of any Compensation protection contained in the Contract will immediately be reduced or eliminated, and/or (y) the Team’s right of set-off under Article XXVII of this Agreement will be modified or eliminated.
(q) By agreeing upon provisions (to be set forth in Exhibit 8 to a Uniform Player Contract) stating that the Contract will be traded to another team within seventyforty-twoeight (48) hours of its execution or amendment, with such trade and the consummation of such trade to be conditions precedent to the validity of the Contract or an amendment thereto; provided, however, that any such sign-and-trade transaction must comply with Article VII, Section 8(e).
(r) By agreeing upon provisions (to be set forth in Exhibit 9 to a Uniform Player Contract) eliminating the player’s right to receive his Base Compensation (in accordance with Paragraphs 7(c), 16(a)(iii), and 16(b) of the Uniform Player Contract) in the event the Contract is terminated prior to the first day of the Regular Season covered by such Contract; provided, however, that such amendment shall be permitted only if: (i) the Contract is for one (1) Season in length, provides for the Minimum Player Salary (with no bonuses of any kind) or Two-Way Salary and does not provide for Compensation protection of any kind pursuant to Section 3(i) above (a “Non-Guaranteed, Training Camp Contract”); (ii) at the time of signing the Non-Guaranteed, Training Camp Contract, the Team has no fewer than fourteen (14) players signed to Player Contracts (not including any player signed to a Two-Way Contract or a Non-Guaranteed, Training Camp Contract) on the Team’s roster in respect of the upcoming (or, after the first day of training camp, the then-current) Season; and (iii) no Team may be a party at any one time to more than six (6) Non-Guaranteed, Training Camp Contracts.
(s) By agreeing upon provisions (to be set forth in Exhibit 10 to a Uniform Player Contract), subject to Section 11(h) below:
(i) entitling a player to receive a bonus (the “Exhibit 10 Bonus”) in an amount between $5,000 and the “Maximum Exhibit 10 Bonus Amount” (defined below) for the Salary Cap Year in which the Contract is signed if (1) the Contract is terminated by the Team in accordance with the NBA waiver procedure prior to the first day of the Regular Season, and (2) the player
(a) signs with the NBAGL prior to the deadline set by the NBAGL for NBAGL teams to designate affiliate players,
(b) is initially assigned by the NBAGL to such Team’s NBAGL affiliate as listed in Exhibit 10 and timely reports to such affiliate, and (c) does not leave the NBAGL (e.g., by buying out his contract with the NBAGL and signing a contract with an international team) prior to providing sixty (60) consecutive days of service during the NBAGL Season (the “60-Day Service Period”), provided that, in the event the player is signed to one or more Contract(s) by the Team prior to completing the 60-Day Service Period, the player shall still satisfy this clause (c) if he timely returns to such Team’s NBAGL affiliate upon the completion or termination of such Contract(s) and completes the outstanding portion of the 60-Day Service Period. For clarity, a player will not satisfy this clause (c) if at any time prior to completing the 60-Day Service Period he signs a contract with a professional basketball team other than the Team. In the event a player fails to satisfy clause (c) above as a result of an injury resulting directly from his playing for the Team’s NBAGL affiliate, such player shall nonetheless be entitled to receive the Exhibit 10 Bonus set forth in his Contract. Notwithstanding anything to the contrary in the foregoing, an Exhibit 10 may only contain an Exhibit 10 Bonus if the Team has an NBAGL affiliate at the time of the execution of the Contract; provided, however, that if a Team with an NBAGL affiliate acquires by assignment a Contract with a Conversion Protection Amount but without an Exhibit 10 Bonus (the “Acquired Exhibit 10”), the Acquired Exhibit 10 shall be deemed to include an Exhibit 10 Bonus equal to the Conversion Protection Amount; and
(ii) stating that, if prior to the first day of the Regular Season
(A) the Team exercises the Two-Way Player Conversion Option in accordance with Section 11(h) below, and/or
(B) the Contract is not terminated by the Team, the Compensation provided for by the Contract will be protected for lack of skill and injury or illness in an amount (the “Conversion Protection Amount”) between $5,000 and the Maximum Exhibit 10 Bonus Amount; provided, however, that if the Exhibit 10 contains an Exhibit 10 Bonus, the Exhibit 10 must also contain a Conversion Protection Amount and the Conversion Protection Amount must be equal to the Exhibit 10 Bonus.
Appears in 1 contract
Sources: Collective Bargaining Agreement