Option Clauses Sample Clauses

Option Clauses. Option clauses shall not be used in a manner which circumvents the provisions of the Agreement.
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Option Clauses. The possible option clauses between the Club and the Player shall only be binding when they have been agreed upon in the Commercial Terms and Conditions appended to this Agreement. Unless the salary for the option season has been agreed upon in the Agreement or Commercial Terms and Conditions, the salary for the option season shall be determined on the basis of the terms of agreement in force during the period of this Agreement.
Option Clauses. Section 1. ProThibition: Other than as provided for in Article 7, Section 7, any option clause must be negotiated as a separate addendum to the NtfL Player Contract form, and any negotiated option clause must state the dollar amount(s) of Salary to be paid to the player during the option year.
Option Clauses. (a) If any option clause contained in an existing player contract is exercised by a State Association, the player will receive no less than the minimum retainer referred to in Article 8.1(a) or the retainer he received in the last year of his existing player contract, whichever is the greater. Nothing in this paragraph prevents a player from receiving more than the aforementioned minimum retainer if agreed by his State Association. (b) None of the Contracts referred to in Article 2.1 shall contain an option clause.

Related to Option Clauses

  • RECOGNITION CLAUSE The Employer agrees to recognize the Union as the exclusive bargaining agent for all employees in the bargaining units as so certified by the Public Employment Relations Commission (PERC) for the purpose of establishing wages, hours and conditions of employment. If PERC certifies the Union as the exclusive representative during the term of this Agreement for a bargaining unit in general government, the terms of this Agreement apply.

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