Common use of Forfeitable Salary Allocations Clause in Contracts

Forfeitable Salary Allocations. For the purposes of this Section, the term “Forfeitable Salary Allocations” means: (i) for signing bonus, the Salary Cap alloca- tion for the player’s signing bonus for that League Year; and (ii) for roster, option and reporting bonuses that are earned in the same League Year as the Forfeitable Breach, the allocation of such bonus for that League Year, out of the total amount of such bonus as allocated over that League Year and any remaining League Years in the player’s contract, notwithstanding the Salary Cap treatment of such bonuses. For example, without limita- tion, if a player has a $1 million roster bonus that is earned in the same year the player committed a Forfeitable Breach, then, regardless of when that roster bonus is to be paid, that bonus is attributable to the same year as the Forfeitable Breach; if the player has that year and one additional year remaining on his contract, then $500,000 of the roster bo- nus will be allocated to each of those years for purposes of any potential forfeiture calculation. If the Forfeitable Breach occurs in the second League Year in this example (i.e., the League Year after the roster bonus in this example is earned), there shall be no forfeiture of any portion of such roster bonus.

Forfeitable Salary Allocations. For the purposes of this Section, the term “Forfeitable Salary Allocations” means: (i) for signing bonus, the Salary Cap alloca- tion allocation for the player’s signing bonus for that League Year; and (ii) for roster, option and reporting bonuses that are earned in the same League Year as the Forfeitable Breach, the allocation of such bonus for that League Year, out of the total amount of such bonus as allocated over that League Year and any remaining League Years in the player’s contract, notwithstanding notwith- standing the Salary Cap treatment of such bonuses. For example, without limita- tionlimitation, if a player has a $1 million roster bonus that is earned in the same year the player committed a Forfeitable Breach, then, regardless of when that roster bonus is to be paid, that bonus is attributable to the same year as the Forfeitable Breach; if the player has that year and one additional year remaining on his contract, then $500,000 of the roster bo- nus bonus will be allocated to each of those years for purposes of any potential forfeiture calculation. If the Forfeitable Breach occurs in the second League Year in this example (i.e., the League Year after the roster bonus in this example is earned), there shall be no forfeiture of any portion of such roster bonus.

Forfeitable Salary Allocations. For tfor the purposes of this Section, the term “Forfeitable "tforfeitable Salary Allocations” " means: (i) for signing bonus, the Salary Cap alloca- alloca­ tion for the player’s 's signing bonus for that League Year; and (ii) for roster, option and reporting bonuses that are earned in the same League Year as the Forfeitable tforfeitable Breach, the allocation of such bonus for that League Year, out of the total amount of such bonus as allocated over that League Year and any remaining League Years in the player’s 's contract, notwithstanding the Salary Cap treatment of such bonuses. For tfor example, without limita- limita­ tion, if a player has a $1 million roster bonus that is earned in the same year the player committed a Forfeitable tforfeitable Breach, then, regardless of when that roster bonus is to be paid, that bonus is attributable to the same year as the Forfeitable tforfeitable Breach; if the player has that year and one additional year remaining on his contract, then $500,000 of the roster bo- bo­ nus will be allocated to each of those years for purposes of any potential forfeiture calculation. If the Forfeitable tforfeitable Breach occurs in the second League Year in this example example (i.e.i. e., the League Year after the roster bonus in this example is earned), there shall be no forfeiture of any portion of such roster bonus.