Common use of Compensation Protection Clause in Contracts

Compensation Protection. (i) The maximum amount of aggregate Base Compensation protection for a Season in a Two-Way Contract is $50,000, provided that, if such Contract is signed after the first day of the NBA Regular Season, the maximum amount of aggregate Base Compensation protection for such Season shall be: $50,000 multiplied by a fraction, the numerator of which is the number of days remaining in the NBA Regular Season as of the date such Contract is entered into, and the denominator of which is the total number of days of that NBA Regular Season.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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