Common use of Split Contracts Clause in Contracts

Split Contracts. In the case of a Player who signs a Major League Contract which sets forth a separate rate of pay for Minor League service, the rate of pay to be utilized in calculating termination pay under the preceding Sec- tions A, B and C shall be: (1) the Minor League rate, if the termination occurs in the off- season; (2) the Minor League rate, if the termination occurs during Spring Training, but on or before the 16th day prior to the start of the championship season; (3) the Major League rate, if the termination occurs during Spring Training, but subsequent to the 16th day prior to the start of the championship season; (4) the Minor League rate, if the termination occurs during the season and the Player is, at the time of termination, in the Minor Leagues; and the Major League rate, if the termination occurs dur- ing the season and the Player is, at the time of termination, in the Major Leagues. In the application of this subparagraph (4), a Player’s Contract may not be assigned to the Minor Leagues for the purpose of reducing the Player’s termination pay. Notwithstanding the above, a Player whose Contract is not assignable to the Minor Leagues without his consent, or a Player selected by a Major League Club in the immediately preceding Rule 5 draft, shall be entitled to receive termination pay at the Major League rate unless ter- minated during the championship season at a time when his Contract is under assignment to the Minor Leagues.

Split Contracts. In the case of a Player who signs a Major League Contract which sets forth a separate rate of pay for Minor League service, the rate of pay to be utilized in calculating termination pay under the preceding Sec- tions A, B and C shall be: (1) the Minor League rate, if the termination occurs in the off- season; (2) the Minor League rate, if the termination occurs during Spring Trainingspring training, but on or before the 16th day prior to the start of the championship season; (3) the Major League rate, if the termination occurs during Spring Trainingspring training, but subsequent to the 16th day prior to the start of the championship season; (4) the Minor League rate, if the termination occurs during the season and the Player is, at the time of termination, in the Minor Leagues; and the Major League rate, if the termination occurs dur- ing the season and the Player is, at the time of termination, in the Major Leagues. In the application of this subparagraph (4), a Player’s Contract may not be assigned to the Minor Leagues for the purpose of reducing the Player’s termination pay. Notwithstanding the above, a Player whose Contract is not assignable to the Minor Leagues without his consent, or a Player selected by a Major League Club in the immediately preceding Rule 5 draft, shall be entitled to receive termination pay at the Major League rate unless ter- minated during the championship season at a time when his Contract is under assignment to the Minor Leagues.

Split Contracts. In the case of a Player who signs a Major League Contract which sets forth a separate rate of pay for Minor League service, the rate of pay to be utilized in calculating termination pay under the preceding Sec- tions A, B and C shall be: (1) the The Minor League rate, if the termination occurs in the off- season; (2) the The Minor League rate, if the termination occurs during Spring Trainingspring training, but on or before the 16th day prior to the start of the championship season; (3) the The Major League rate, if the termination occurs during Spring Trainingspring training, but subsequent to the 16th day prior to the start of the championship season; (4) the The Minor League rate, if the termination occurs during the season and the Player is, at the time of termination, in the Minor Leagues; and the Major League rate, if the termination occurs dur- ing the season and the Player is, at the time of termination, in the Major Leagues. In the application of this subparagraph paragraph (4), a Player’s Contract may not be assigned to the Minor Leagues for the purpose of reducing the Player’s termination pay. Notwithstanding the above, a Player whose Contract is not assignable to the Minor Leagues without his consent, or a Player selected by a Major League Club in the immediately preceding Rule 5 draft, shall be entitled to receive termination pay at the Major League rate unless ter- minated during the championship season at a time when his Contract is under assignment to the Minor Leagues.