Common use of Replacement Contracts Clause in Contracts

Replacement Contracts. At any time beginning with the first day of the WNBA Regular Season, a Team may enter into a Player Contract with a Replacement Player only for the remainder of that Season pursuant to Article VII, Section 4 (a “Replacement Contract”). The Base Salary provided for in a Replacement Contract shall be the Minimum Player Salary. A Replacement Contract shall not contain Base Salary protection of any kind. Notwithstanding anything to the contrary in Article V, Section 6 (including, but not limited to, Article V, Section 6(a)(i)(x), 6(a)(i)(y) or 6(b)), when a Team terminates a Replacement Contract, the Team shall pay to the player only such prorated portion of her Base Salary as was earned by her based upon the number of days of the Regular Season that the player was under Contract with the Team. After the expiration or termination of a Replacement Contract, the player shall become an Unrestricted Free Agent.

Appears in 4 contracts

Samples: wnbpa-uploads.s3.amazonaws.com, wnbpa.com, pennstatelaw.psu.edu

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Replacement Contracts. At any time beginning with after the first day of the a WNBA Regular Season, a Team may enter into a Player Contract with a Replacement Player only for the remainder of that Season pursuant to Article VII, Section 4 5 (a “Replacement Contract”). The Base Salary provided for in a Replacement Contract shall be the Minimum Player Salary. A Replacement Contract shall not contain Base Salary protection of any kind. Notwithstanding anything to the contrary in Article V, Section 6 (including, but not limited to, Article V, Section 6(a)(i)(x), 6(a)(i)(y) or 6(b)), when a Team terminates a Replacement Contract, the Team shall pay to the player only such prorated portion of her Base Salary as was earned by her based upon the number of days of the Regular Season that the player was under Contract with the Team. After the expiration or termination of a Replacement Contract, the player shall become an Unrestricted Free Agent.

Appears in 1 contract

Samples: Agreement (

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Replacement Contracts. At any time beginning with the first day of the WNBA Regular Season, a Team may enter into a Player Contract with a Replacement Player only for the remainder of that Season pursuant to Article VII, Section 4 (a “Replacement Contract”). The Base Salary provided for in a Replacement Contract shall be the Minimum Player Salary. A Replacement Contract shall not contain Base Salary protection of any kind. Notwithstanding anything to the contrary in Article V, Section 6 (including, but not limited to, Article V, Section 6(a)(i)(x), 6(a)(i)(y) or 6(b)), when a Team terminates a Replacement Contract, the Team shall pay to the player only such prorated portion of her Base Salary as was earned by her based upon the number of days of the Regular Season that the player was under Contract with the Team. After the expiration or termination of a Replacement Contract, the player shall become an Unrestricted Free Agent.

Appears in 1 contract

Samples: wnbpa.com

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