Prize-money. The Organiser shall pay out the minimum prize-money in connection with each Competition according to art. 5.1
Prize-money. The Organiser shall pay out the minimum prize-money in connection with each Competition according to art. 8 WCR. The Organiser is how- ever entitled to pay out a higher than the minimum prize-money.
Prize-money. The Organiser shall pay out the minimum prize-money in connection with each Competition according to art. 1.2.10, 4.6.2 WCR. The Organiser is however entiteld to pay out a higher than the minimum prize-money. In line with the decision of the Council of 24 May 2023, FIS shall support the Organiser with 20% of the minimum prize-money.
Prize-money. The prize money earned by the teams participating to the CITY EVENT is provided for and paid directly to the teams by FIVB.
Prize-money. The Organiser shall pay out the minimum prize-money in connection with each Competition according to art. 1.2.10, 1.4, 3.5, 4.6, 5.6 WCR. The Or- ganiser is however entitled to pay out a higher than the minimum prize- money. In line with the decision of the Council of 24 May 2023, FIS shall support the Organiser with 20% of the minimum prize-money.
Prize-money. 4.10.1 As per the ITU Continental Events Rules and Recommendations, the LOC must provide the minimum required prize money in USD to be divided equally among the top ranked female and male athlete in amount and depth. The prize money shall be delivered to Triathlon Canada at least 60 days prior to the event, unless otherwise expressly agreed by Triathlon Canada and the LOC.
Prize-money. 4.1 The Event will carry a guaranteed US$300,000 prize fund.
4.2 The Event is sanctioned by the WPA and all Players will be subject to a 5% sanction fee which will be deducted from the added money portion of their prize money.
4.3 Players who are United States tax-payers will need to complete form W9, while non-USA resident Players will need to complete form W8. Tax payable, if any, will be determined by the earnings threshold from Players’ respective countries and the level of prize money achieved.
4.4 The majority of prize money will be paid by bank transfer after the event direct to the player’s bank account. Full bank account details should be provided to the Event Director prior to the conclusion of the event. Some rounds of prize money may be paid in cash at the venue.
Prize-money. In addition to the medals and commemorative prizes presented by FIS and the LOC as defined in the FIS Rules, the athletes will receive prize money. FIS and the LOC shall share equally such prize money to be paid, the total amount of which shall be the same as that paid at the FIS World Cup competitions in the same season, confirmation of which amounts shall be made by the FIS Council in November 2019. For further information about the division of the prize money please see Article 15.2 of the Rules for the Organisation of the FIS World Championships. Details for the method of payment of the prize money shall be determined between by the LOC and FIS.
Prize-money. 2.1 In consideration of the Player participating in the Event and for performing his/her obligations under this Agreement to a satisfactory standard, the Player shall receive the prize money in accordance with the prize fund breakdown as set out at Schedule 2 of this Agreement, less any applicable deductions including but not limited to any local, state and/or federal taxes (if applicable), and any other applicable fees or deductions (the “Prize Money”).
2.2 The Prize Money (if applicable) shall be payable by either bank transfer by Matchroom to an account designated by the Player or to the parent / guardian if a minor within fourteen (14) days of the conclusion of the Event, alternatively by cash for some stages at the Event, less any applicable deductions. It is understood that the Player will receive a tax certificate for any tax suffered in respect of the Event which will allow him/her the opportunity to offset this deduction against his/her worldwide tax liabilities.
2.3 The Player understands and acknowledges that Matchroom shall have the right to withhold payment of the Prize Money in the event of a breach of this Agreement.
Prize-money. During the Loan Period, the Player waives all prize money and collective and personal bonuses from the Loaning Team specified in the Player Agreement. In return, during the Loan Period, the Receiving Team will pay the Player the prize money and collective and personal bonuses specified here: