Moratorium Period. Except as permitted in the next sentence, notwithstanding any other provision of this Agreement, no player and Team may enter into any oral or written agreement concerning terms and conditions of the player’s employment, or reduce any such agreement to writing in the form of a Uniform Player Contract or amendment, during the Moratorium Period. The following shall be permitted during the Moratorium Period: (i) a player may accept any Required Tender, Qualifying Offer, or “Maximum Qualifying Offer” (as defined in Article XI, Section 4(a)(ii)) that is outstanding; (ii) a player and a Team may negotiate over the terms and conditions of a Player Contract that may be entered into following the conclusion of the Moratorium Period; (iii) a player and a Team may enter into an Offer Sheet; (iv) a First Round Pick and the Team that holds his draft rights may enter into a Rookie Scale Contract; and (v) a player and a Team may enter into a Player Contract, not to exceed two (2) Seasons in length, that provides for a Salary for each Salary Cap Year equal to the Two-Way Player Salary or the Minimum Player Salary applicable to the player (with no bonuses of any kind), and (v) a Team may exercise a Two- Way Contract’s Standard NBA Contract Conversion Option or, with respect to a Contract with an Exhibit 10, such Contract’s Two-Way Player Conversion Option, in accordance with Article II, Section 11(g) and (i) above.
Appears in 5 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
