Common use of Base Salary Protection Clause in Contracts

Base Salary Protection. (a) Lack of Skill. When a Team agrees to protect, in whole or in part, the Base Salary provided for by a Standard Player Contract in the event such Contract is terminated by the Team by reason of the player’s lack of skill, such agreement shall mean that, subject to any conditions or limitations set forth in Exhibit 2 to the Standard Player Contract, and subject further to Article XXXIII, Section 3(b), and notwithstanding the provisions of Sections 6(a)(i)(x), 6(a)(i)(y), 6(e), and 6(f) of this Article, the termination of such Contract by the Team on account of the player’s failure to exhibit sufficient skill or competitive ability shall in no way affect the player’s right to receive, in whole or in part, the Base Salary payable pursuant to Exhibit 1 to such Contract.

Appears in 4 contracts

Samples: wnbpa-uploads.s3.amazonaws.com, wnbpa.com, pennstatelaw.psu.edu

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Base Salary Protection. (a) Lack of Skill. When a Team agrees to protect, in whole or in part, the Base Salary provided for by a Standard Player Contract in the event such Contract is terminated by the Team by reason of the player’s lack of skill, such agreement shall mean that, subject to any conditions or limitations set forth in Exhibit 2 to the Standard Player Contract, and subject further to Article XXXIII, Section 3(b)1 hereof, and notwithstanding the provisions of Sections 6(a)(i)(x), 6(a)(i)(y), 6(e), and 6(f) of this Article, the termination of such Contract by the Team on account of the player’s failure to exhibit sufficient skill or competitive ability shall in no way affect the player’s right to receive, in whole or in part, the Base Salary payable pursuant to Exhibit 1 to such Contract.

Appears in 1 contract

Samples: Agreement (

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