Player Fines Sample Clauses

Player Fines. All Player fines collected by the League paid directly by Players shall be collected, subject to a fifteen percent (15%) administration fee to defer the cost of collection, and the balance shall be paid to the PHPA at the End of the Season. The PHPA will use these funds for the ECHL Player’s Hardship Fund. The balance of the funds shall be deposited in a separate and distinct account which shall be co- managed by the Commissioner and the Executive Director to establish an ECHL Players’ Hardship Fund. Such funds may be used to benefit the current/former Players. The Benefits shall include, but not be limited to, Player counseling or specific hardship circumstances as may be deemed appropriate. Expenditures from this account require mutual agreement of the League and PHPA.
Sample 1
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Player Fines. If a player fine is a deduction from a player's salary which is never paid (and thus not included in a W-2), it is not included in Salary or AR. If a fine is paid by the player, either as a deduction from gross salary or in a separate payment, it is counted as Salary. If the Club gives a fine to charity, it is not included in AR. If the Club spends a fine on behalf of all players for specific purposes that it (or any other Club) had previously earmarked as being paid by fine money for the benefit of all players (such as player parties), and the players were (and are) expressly notified of such specific earmarking, the fine is not included in AR. If the Club keeps a fine, it is included in AR. Any fine assessed by and paid to the League is not included in AR.
Sample 1

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