Players Trust Benefits Clause Samples
The "Players Trust Benefits" clause defines the rights and entitlements of players to receive benefits from a designated trust fund. Typically, this clause outlines the types of benefits available, such as health insurance, retirement plans, or educational grants, and specifies eligibility criteria and the process for claiming these benefits. By clearly establishing the scope and administration of trust benefits, this clause ensures that players understand their entitlements and provides a structured mechanism for distributing benefits, thereby promoting financial security and transparency for participants.
Players Trust Benefits. (a) The Office of the Commissioner shall arrange, as part of the presentation of each year’s Home Run Derby, at least one minute or longer for a Player interview during the actual broadcast of the Derby, the focus of which interview shall be on Trust activities. The Player interviewed will also be offered the opportunity to continue the discussion during a brief period of the competition. Players Association personnel will be available for consultation with the broadcaster prior to the interview.
(b) The Office of the Commissioner shall arrange, as part of the presentation of the All-Star Game, a meaningful promotion of the Players Trust during the national broadcast of the All-Star Game through the broadcast of a promotional highlight of Players Trust activities. Players Association personnel will be available for con- sultation with the broadcaster prior to the promotion.
Players Trust Benefits. (a) The Office of the Commissioner shall contribute $700,000 to the Players Trust on or before July 31, 2012; $750,000 to the Play- ers Trust on or before July 31 in each year 2013, 2014 and 2015; and $800,000 to the Players Trust on or before July 31, 2016.
(b) The Office of the Commissioner shall arrange, as part of the presentation of each year’s Home Run Derby, at least one minute or longer for a Player interview during the actual broadcast of the Derby, the focus of which interview shall be on Trust activities. The Player interviewed will also be offered the opportunity to continue the discussion during a brief period of the competition. Players Association personnel will be available for consultation with the broadcaster prior to the interview.
(c) The Office of the Commissioner shall arrange, as part of the presentation of the All-Star Game, a meaningful promotion of the Players Trust during the national broadcast of the All-Star Game through the broadcast of a promotional highlight of Players Trust activities. Players Association personnel will be available for con- sultation with the broadcaster prior to the promotion.