Common use of Preexisting Contract Measuring Dates Clause in Contracts

Preexisting Contract Measuring Dates. (i) If a Preexisting Contract contains a measuring date related to Salary and/or the exercise or non-exercise of any option, which measuring date: was expressed as (A) a calendar date that fell between March 4, 2011 and May 2, 2011 (e.g., a calendar date certain on which player had to be on the roster to earn a bonus such as “April 15, 2011” or “April 15 of the next League Year [now the 2011 League Year]”) or (B) solely as being related to a certain number of days (50 or less) from the start of the 2011 League Year (e.g., “on or before the 10th day of the 2011 League Year”), such measuring date shall be deemed amended to be 4:01pm, New York time on July 29, 2011. Any measuring date that was expressed as (A) a calendar date that fell between May 3, 2011 and July 29, 2011 or (B) solely as being related to a certain number of days (greater than 50) from the start of the 2011 League Year (e.g., “on or before the 60th day of the 2011 League Year”) shall be deemed amended to be the eighth day of the 2011 League Year. Notwithstanding the foregoing, any such measuring date related to a player’s weight shall be deemed amended to be on or before twenty days after the start of preseason training camp, and further provided that if a player satisfies any weight condition on an earlier date than 20 days after the start of training camp, he will be deemed to have fulfilled that criteria (or earned that bonus, if the bonus were tied solely to his weight) on that day. (For example, if a Preexisting Contract provided that a player would earn a bonus if he were on the Club’s roster on the “5th day of the 2011 League Year,” or on “April 23, 2011,” or on “April 24 of the 2011 League Year,” such Contract shall be deemed amended to provide that the player would earn the bonus if he is on the Club’s roster at 4:00pm, New York time, on July 29, 2011, and if the player’s Contract had not been waived or terminated by 3:59pm, New York time, on July 29, 2011, the player would earn the bonus (assuming all other conditions are met).) The foregoing shall not affect the payment dates for any earned bonus set forth in such Preexisting Contracts, provid- ed that such payment date did not occur prior to the effective date of this Agreement. If the payment date has occurred, payment shall be made not later than five business days after the third day of the 2011 League Year. This Subsection also shall not adjust any measuring date linked to the occurrence of a specific event during the 2011 League Year which has not already occurred as of the effective date of this Agreement, including, without limitation, the end of preseason training camp, the day after a Club’s first regular season game, etc.

Preexisting Contract Measuring Dates. (i) If a Preexisting Contract contains a measuring date related to Salary and/or the exercise or non-exercise nonexercise of any option, which measuring date: was expressed as (A) a calendar date that fell between March 4, 2011 201 1 and May 2, 2011 201 1 (e.g., a calendar date certain on which player had to be on the roster to earn a bonus such as “"April 15, 2011” 201 1" or “"April 15 of the next League Year [now the 2011 201 1 League Year]”") or (B) solely as being related to a certain number of days (that is 50 days or less) fewer from the start of the 2011 201 1 League Year (e.g., “"on or before the 10th day of the 2011 League Year”"), such measuring date shall be deemed amended to be 4:01pm4:00pm, New York time on July 29, 2011201 1. Any measuring date that was expressed as (A) a calendar date that fell between May 3, 2011 201 1 and July 29, 2011 201 1 or (B) solely as being related to a certain number of days (that is greater than 50) 50 days from the start of the 2011 201 1 League Year (e.g., “"on or before the 60th day of the 2011 League Year”" ) shall be deemed amended to be the eighth day of the 2011 League Year. Notwithstanding the foregoing, any such measuring date related to a player’s 's weight shall be deemed amended to be on or before twenty days after the start of preseason training camp, and further provided that if a player satisfies any weight condition on an earlier date than 20 days after the start of training camp, he will be deemed to have fulfilled fulfi.lled that criteria (or earned that bonus, if the bonus were tied solely to his weight) on that day. (For example, if a Preexisting Contract provided that a player would earn a bonus if he were on the Club’s 's roster on the “"5th day of the 2011 League Year,” " or on “"April 23, 20112011 ,” " or on “"April 24 of the 2011 201 1 League Year,” " such Contract shall be deemed amended to provide that the player would earn the bonus if he is on the Club’s 's roster at 4:00pm, New York time, on July 29, 2011, and if the player’s 's Contract had not been waived or terminated by 3:59pmprior to 4:00pm, New York time, on July 29, 2011201 1, the player would earn the bonus (assuming all other conditions are met).) The foregoing shall not affect the payment dates for any earned bonus set forth in such Preexisting Contracts, provid- ed provided that such payment date did not occur prior to the effective date of this Agreement. If the payment date has occurred, payment shall be made not later than five business days after the third day of the 2011 League Year. This Subsection also shall not adjust any measuring date linked to the occurrence of a specific event during the 2011 League Year which has not already occurred as of the effective date of this AgreementAgree­ ment, including, without limitation, the end of preseason training camp, the day after a Club’s 's first regular season game, etc.

Preexisting Contract Measuring Dates. (i) If a Preexisting Contract contains a measuring date related to Salary and/or and/ or the exercise or non-exercise nonexercise of any option, which measuring date: was expressed as (A) a calendar date that fell between March 4, 2011 201 1 and May 2, 2011 201 1 (e.g., a calendar date certain on which player had to be on the roster to earn a bonus such as “"April 15, 2011” 201 1" or “"April 15 of the next League Year [now the 2011 201 1 League Year]”") or (B) solely as being related to a certain number of days (that is 50 days or less) fewer from the start of the 2011 201 1 League Year (e.g., “"on or before the 10th day of the 2011 League Year”)") , such measuring date shall be deemed amended to be 4:01pm4:00pm, New York time on July 29, 2011201 1. Any measuring date that was expressed as (A) a calendar date that fell between May 3, 2011 201 1 and July 29, 2011 201 1 or (B) solely as being related to a certain number of days (that is greater than 50) 50 days from the start of the 2011 201 1 League Year (e.g., “"on or before the 60th day of the 2011 League Year”" ) shall be deemed amended to be the eighth day of the 2011 League Year. Notwithstanding the foregoing, any such measuring date related to a player’s 's weight shall be deemed amended to be on or before twenty days after the start of preseason training camp, and further provided that if a player satisfies any weight condition on an earlier date than 20 days after the start of training camp, he will be deemed to have fulfilled fulfi.lled that criteria (or earned that bonus, if the bonus b onus were tied solely to his weight) on that day. (For example, if a Preexisting Contract provided that a player would earn a bonus if he were on the Club’s 's roster on the “"5th day of the 2011 League Year,” " or on “"April 23, 20112011 ,” " or on “"April 24 of the 2011 201 1 League Year,” " such Contract shall be deemed amended to provide that the player would earn the bonus if he is on the Club’s 's roster at 4:00pm, New York time, on July 29, 2011, and if the player’s 's Contract had not been waived or terminated by 3:59pmprior to 4:00pm, New York time, on July 29, 2011201 1, the player would earn the bonus (assuming all other conditions are met).) The foregoing shall not affect the payment dates for any earned bonus set forth in such Preexisting Contracts, provid- ed provided that such payment date did not occur prior to the effective date of this Agreement. If the payment date has occurred, payment shall be made not later than five business days after the third day of the 2011 League Year. This Subsection also shall not adjust any measuring date linked to the occurrence of a specific event during the 2011 League Year which has not already occurred as of the effective date of this AgreementAgree­ ment, including, without limitation, the end of preseason training camp, the day after a Club’s 's first regular season game, etc.

Preexisting Contract Measuring Dates. (i) If a Preexisting Contract contains a measuring date related to Salary and/or the exercise or non-exercise nonexercise of any option, which measuring date: was expressed as (A) a calendar date that fell between March 4, 2011 and May 2, 2011 (e.g., a calendar date certain on which player had to be on the roster to earn a bonus such as “April 15, 2011” or “April 15 of the next League Year [now the 2011 League Year]”) or (B) solely as being related to a certain number of days (that is 50 days or less) fewer from the start of the 2011 League Year (e.g., “on or before the 10th day of the 2011 League Year”), such measuring date shall be deemed amended to be 4:01pm4:00pm, New York time on July 29, 2011. Any measuring date that was expressed as (A) a calendar date that fell between May 3, 2011 and July 29, 2011 or (B) solely as being related to a certain number of days (that is greater than 50) 50 days from the start of the 2011 League Year (e.g., “on or before the 60th day of the 2011 League Year”) shall be deemed amended to be the eighth day of the 2011 League Year. Notwithstanding the foregoing, any such measuring date related to a player’s weight shall be deemed amended to be on or before twenty days after the start of preseason training camp, and further provided that if a player satisfies any weight condition on an earlier date than 20 days after the start of training camp, he will be deemed to have fulfilled that criteria (or earned that bonus, if the bonus were tied solely to his weight) on that day. (For example, if a Preexisting Contract provided that a player would earn a bonus if he were on the Club’s roster on the “5th day of the 2011 League Year,” or on “April 23, 2011,” or on “April 24 of the 2011 League Year,” such Contract shall be deemed amended to provide that the player would earn the bonus if he is on the Club’s roster at 4:00pm, New York time, on July 29, 2011, and if the player’s Contract had not been waived or terminated by 3:59pmprior to 4:00pm, New York time, on July 29, 2011, the player would earn the bonus (assuming all other conditions are met).) The foregoing shall not affect the payment dates for any earned bonus set forth in such Preexisting Contracts, provid- ed provided that such payment date did not occur prior to the effective date of this Agreement. If the payment date has occurred, payment shall be made not later than five business days after the third day of the 2011 League Year. This Subsection also shall not adjust any measuring date linked to the occurrence of a specific event during the 2011 League Year which has not already occurred as of the effective date of this AgreementAgree- ment, including, without limitation, the end of preseason training camp, the day after a Club’s first regular season game, etc.

Preexisting Contract Measuring Dates. (i) If a Preexisting Contract contains a measuring date related to Salary and/or the exercise or non-exercise nonexercise of any option, which measuring date: was expressed as (A) a calendar date that fell between March 4, 2011 201 1 and May 2, 2011 201 1 (e.g., a calendar date certain on which player had to be on the roster to earn a bonus such as “"April 15, 2011” 201 1" or “"April 15 of the next League Year [now the 2011 201 1 League Year]”") or (B) solely as being related to a certain number of days (that is 50 days or less) fewer from the start of the 2011 201 1 League Year (e.g., “"on or before the 10th day of the 2011 League Year”"), such measuring date shall be deemed amended to be 4:01pm4:00pm, New York time on July 29, 2011201 1. Any measuring date that was expressed as (A) a calendar date that fell between May 3, 2011 201 1 and July 29, 2011 201 1 or (B) solely as being related to a certain number of days (that is greater than 50) 50 days from the start of the 2011 201 1 League Year (e.g., “"on or before the 60th day of the 2011 League Year”" ) shall be deemed amended to be the eighth day of the 2011 League Year. Notwithstanding the foregoing, any such measuring date related to a player’s 's weight shall be deemed amended to be on or before twenty days after the start of preseason training camp, and further provided that if a player satisfies any weight condition on an earlier date than 20 days after the start of training camp, he will be deemed to have fulfilled fulfi.lled that criteria (or earned that bonus, if the bonus b onus were tied solely to his weight) on that day. (For example, if a Preexisting Contract provided that a player would earn a bonus if he were on the Club’s 's roster on the “"5th day of the 2011 League Year,” " or on “"April 23, 20112011 ,” " or on “"April 24 of the 2011 201 1 League Year,” " such Contract shall be deemed amended to provide that the player would earn the bonus if he is on the Club’s 's roster at 4:00pm, New York time, on July 29, 2011, and if the player’s 's Contract had not been waived or terminated by 3:59pmprior to 4:00pm, New York time, on July 29, 2011201 1, the player would earn the bonus (assuming all other conditions are met).) The foregoing shall not affect the payment dates for any earned bonus set forth in such Preexisting Contracts, provid- ed provided that such payment date did not occur prior to the effective date of this Agreement. If the payment date has occurred, payment shall be made not later than five business days after the third day of the 2011 League Year. This Subsection also shall not adjust any measuring date linked to the occurrence of a specific event during the 2011 League Year which has not already occurred as of the effective date of this AgreementAgree­ ment, including, without limitation, the end of preseason training camp, the day after a Club’s 's first regular season game, etc.