Common use of Compensation Terms Clause in Contracts

Compensation Terms. (i) Subject to Subsection (iv) below, Rookies drafted in the first round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s second season; and (3) the Fifth-Year Option as described in Section 7 below. Xxxxxxx drafted in the second round may contract for only the following types of compensation: (1) Rookie Salary; and (2) minimum offseason workout per diem commencing in the contract’s second season. Xxxxxxx drafted in the third through seventh round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s second season; and (3) the Proven Performance Escalator as described in Section 4 below.

Appears in 3 contracts

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

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Compensation Terms. (i) Subject to Subsection (iv) below, Rookies drafted in the first round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s second season; and (3) the Fifth-Year Option as described in Section 7 below. Xxxxxxx Rookies drafted in the second round may contract for only the following types of compensation: (1) Rookie Salary; and (2) minimum offseason workout per diem commencing in the contract’s second season. Xxxxxxx Rookies drafted in the third through seventh round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s second season; and (3) the Proven Performance Escalator as described in Section 4 below.

Appears in 3 contracts

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

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Compensation Terms. (i) Subject to Subsection (iv) below, Rookies drafted in the first round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s 's second season; and (3) the Fifth-Year Option as described in Section 7 below. Xxxxxxx drafted in the second round may contract for only the following types of compensation: (1) Rookie Salary; and (2) minimum offseason workout per diem commencing in the contract’s 's second season. Xxxxxxx drafted in the third through seventh round may contract for only the following types of compensation: (1) Rookie Salary, (2) minimum offseason workout per diem commencing in the contract’s 's second season; and (3) the Proven Performance Escalator as described in Section 4 below.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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