Common use of Forfeiture of Salary Clause in Contracts

Forfeiture of Salary. Players and Clubs may not agree upon contract provi- sions that authorize the Club to obtain a forfeiture of any Salary from a player except to the extent and in the circumstances provided in this Section 9. For the avoidance of doubt, Paragraph 5 Salary already earned may never be forfeited, and other Salary already earned may never be forfeited except as expressly provided herein. The maximum per- mitted forfeitures described below do not in any way obligate any player or Club to agree to any forfeiture.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Forfeiture of Salary. Players and Clubs may not agree upon contract provi- sions that authorize the Club to obtain a forfeiture of any Salary from a player except to the extent and in the circumstances provided in this Section 9. For the avoidance of doubt, Paragraph 5 Salary already earned may never be forfeited, and other Salary already earned may never be forfeited except as expressly provided herein. The maximum per- mitted forfeitures permitted for- feitures described below do not in any way obligate any player or Club to agree to any forfeiture.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Forfeiture of Salary. Players and Clubs may not agree upon contract provi- provi­ sions that authorize the Club to obtain a forfeiture of any Salary from a player except to the extent and in the circumstances provided in this Section 9. For tfor the avoidance of doubt, Paragraph 5 Salary already earned may never be forfeited, and other Salary already earned may never be forfeited except as expressly provided herein. The maximum per- per­ mitted forfeitures described below do not in any way obligate any player or Club to agree to any forfeiture.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!