Staging of International Play Events Sample Clauses

Staging of International Play Events. During each year of the Basic Agreement, and subject to the requirements of Section XV(K)(3) above, the parties will cooperate in staging International Play events as follows. (a) The parties will agree prior to March 1, 2012 on a tenta- tive schedule of proposed International Play events for each year of the term of the Basic Agreement. In determining the schedule of events, the parties will consider a variety of factors, including strategic opportunities for expanding the international popularity of baseball, with the recognition that not all events will be prof- itable. After a tentative schedule has been established, a party may withdraw its consent to participate in an event only if: (i) a participation agreement with an event sponsor has not been exe- cuted; and (ii) the party has a reasonable basis for its decision to withdraw. (b) The terms and conditions of the participation of Players in International Play shall be negotiated by the Association and the Office of the Commissioner in advance and, to the extent possi- ble, the parties will agree, by March 1, 2012, on standard terms and conditions governing each event, including the categories of items that will be considered proper event expenses and fixed stipends to be provided to Players. (c) All direct expenses, including, but not limited to, Club replacement costs, travel costs, fees and/or prizes, shall be funded, to the extent practicable, by revenues or rights fees from third parties. Notwithstanding the foregoing, compensation paid to Players for their participation in an event shall not be consid- ered a direct expense and shall be deducted from the Players Association’s share of the revenue, and compensation paid to managers, coaches, and trainers shall not be considered a direct expense and shall be deducted from the Office of the Commis- sioner’s share of the revenue. The Association and the Office of the Commissioner shall negotiate and agree upon the budget for direct expenses on a project-by-project basis. For each such proj- ect, the Association and the Office of the Commissioner, on behalf of the Clubs, shall each be entitled to direct the distribu- tion of one-half of any of the remaining revenues or rights fees from third parties after payment of the direct event expenses. (See Attachment 30.) (d) The Office of the Commissioner and the Association shall negotiate separate dates and rules to govern those Clubs and Play- ers participating in an International Opener (see Articles V(...