Common use of Repeater Rights Clause in Contracts

Repeater Rights. Any Player whose contract is assigned as a result of a trade required pursuant to this Section C, until he has completed an additional 3 years of Major League service, shall not subsequently be eligible to exercise his right to (i) require the assignment of his contract or (ii) become a free agent, subject to subparagraphs (a) through (c) below. (a) Any Club that retains reservation rights to a Player for a succeeding championship season by virtue of the provisions of this paragraph (5) shall notify such Player, at any time within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, whether the Club offers to proceed with the Player to salary arbitration for the succeeding season. The Club's offer shall be communicated to the PRC, which shall notify the Association in writing. Said offer shall be effective upon receipt by the Association and the Club will not be permitted to retract the offer. (b) In the event the Club notifies the Player of such a salary arbitration offer, the Club shall be required to tender a contract to the Player for the succeeding season and the Player may elect salary arbitration in the same manner and at the same time as other Players, as provided in Article VI(F). If a Player who is offered salary arbitration is released pursuant to paragraph 7(b)(2) of the Uniform Player's Contract prior to the date he is actually tendered a Contract, he shall receive termination pay in accordance with the provisions of Article IX(A), computed at a rate not less than his previous year's salary. (c) In the event the Club fails to notify the Player in writing of a salary arbitration offer within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, the Player thereafter may elect free agency pursuant to Section B of this Article XX without any restrictions or qualifications. The Club signing the Player shall do so without regard to the compensation and quota provisions of Section B of this Article XX.

Appears in 1 contract

Samples: Basic Agreement (Cleveland Indians Baseball Co Inc)

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Repeater Rights. Any Player whose contract is assigned as a result of a trade required pursuant to this Section C, until he has completed an additional addi- tional 3 years of Major League service, shall not subsequently be eligible to exercise his right to (i) require the assignment of his contract con- tract or (ii) become a free agent, subject to subparagraphs (a) through (c) below. (a) Any Club that retains reservation rights to a Player for a succeeding championship season by virtue of the provisions of this paragraph (5) shall notify such Player, at any time within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, whether the Club offers to proceed pro- ceed with the Player to salary arbitration for the succeeding seasonsea- son. The Club's ’s offer shall be communicated to the PRCLRD, which shall notify the Association in writing. Said offer shall be effective effec- tive upon receipt by the Association and the Club will not be permitted to retract the offer.. 18485 • MLB: Coll. Xxxx. (TEXT) • Major League Baseball • PU 6640 + email • (b) In the event the Club notifies the Player of such a salary arbitration offer, the Club shall be required to tender a contract to the Player for the succeeding season and the Player may elect salary arbitration in the same manner and at the same time as other Players, as provided in Article VI(F). If a Player who is offered salary arbitration is released pursuant to paragraph 7(b)(2) of the Uniform Player's ’s Contract prior to the date he is actually tendered a Contract, he shall receive termination pay in accordance with the provisions of Article IX(A), computed at a rate not less than his previous year's ’s salary. (c) In the event the Club fails to notify the Player in writing of a salary arbitration offer within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, the Player thereafter may elect free agency pursuant to Section Sec- tion B of this Article XX without any restrictions or qualificationsqualifica- tions. The Club signing the Player shall do so without regard to the compensation and quota provisions of Section B of this Article Arti- cle XX.

Appears in 1 contract

Samples: Basic Agreement

Repeater Rights. Any Player whose contract is assigned as a result of a trade - required pursuant to this Section C, until he has completed an additional 3 years of Major League service, shall not subsequently be eligible to exercise his right to (i) require the assignment of his contract or (ii) become a free agent, subject to subparagraphs (a) through (c) below. (a) Any Club that retains reservation rights to a Player for a succeeding championship season by virtue of the provisions of this paragraph (5) shall notify such Player, at any time within the first five (5) days of the free agency election period - described in Section B(2) of this Article XX, whether the Club offers to proceed with the Player to salary arbitration for the succeeding season. The Club's ’s offer shall be communicated to the PRC, which shall notify the Association in writing. Said - offer shall be effective upon receipt by the Association and the Club will not be permitted to retract the offer. (b) In the event the Club notifies the Player of such a salary arbitration offer, the Club shall be required to tender a contract to the Player for the succeeding season and the Player may elect salary arbitration in the same manner and at the same time as other Players, as provided in Article VI(F). If a Player who is offered salary arbitration is released pursuant to paragraph 7(b)(2) of the Uniform Player's ’s Contract prior to the date he is actually tendered a Contract, he shall receive termination pay in accordance with the provisions of Article IX(A), computed at a rate not less than his previous year's ’s salary. (c) In the event the Club fails to notify the Player in writing of a salary arbitration offer within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, the Player thereafter may elect free agency pursuant to Section B of this Article XX without any restrictions or qualifications. The Club signing the Player shall do so without regard to the compensation and quota provisions of Section B of this Article XX.

Appears in 1 contract

Samples: Basic Agreement

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Repeater Rights. Any Player whose contract is assigned as a result of a trade required pursuant to this Section C, until he has completed an additional addi- tional 3 years of Major League service, shall not subsequently be eligible to exercise his right to (i) require the assignment of his contract con- tract or (ii) become a free agent, subject to subparagraphs (a) through (c) below. (a) Any Club that retains reservation rights to a Player for a succeeding championship season by virtue of the provisions of this paragraph (5) shall notify such Player, at any time within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, whether the Club offers to proceed pro- ceed with the Player to salary arbitration for the succeeding seasonsea- son. The Club's ’s offer shall be communicated to the PRCLRD, which shall notify the Association in writing. Said offer shall be effective effec- tive upon receipt by the Association and the Club will not be permitted per- mitted to retract the offer. (b) In the event the Club notifies the Player of such a salary arbitration offer, the Club shall be required to tender a contract to the Player for the succeeding season and the Player may elect salary arbitration in the same manner and at the same time as other Players, as provided in Article VI(F). If a Player who is offered salary arbitration is released pursuant to paragraph 7(b)(2) of the Uniform Player's ’s Contract prior to the date he is actually tendered a Contract, he shall receive termination pay in accordance with the provisions of Article IX(A), computed at a rate not less than his previous year's ’s salary. (c) In the event the Club fails to notify the Player in writing of a salary arbitration offer within the first five (5) days of the free agency election period described in Section B(2) of this Article XX, the Player thereafter may elect free agency pursuant to Section Sec- tion B of this Article XX without any restrictions or qualificationsqualifica- tions. The Club signing the Player shall do so without regard to the compensation and quota provisions of Section B of this Article XX.

Appears in 1 contract

Samples: Basic Agreement

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