No Subsequent Draft Clause Samples
The "No Subsequent Draft" clause establishes that only the current version of the agreement is valid and enforceable, and that any later drafts or versions are not to be considered part of the contract. In practice, this means that if parties exchanged multiple drafts during negotiations, only the final, signed document governs their relationship, and earlier or later versions have no legal effect. This clause ensures clarity and prevents disputes over which version of the agreement is binding, thereby reducing the risk of misunderstandings or attempts to rely on outdated or unauthorized drafts.
No Subsequent Draft. If a player is drafted by a Club in an initial Draft and
(a) does not sign a contract with a Club during the signing period set forth in Sections 4 through 6 above, and (b) is not drafted by any Club in the subsequent Draft, the player immediately becomes an Undrafted Rookie, with the right to negotiate and sign a Player Contract with any Club, and any Club is then free to negotiate for and sign a Player Contract with such player, without any Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period.