Examples of Player Contract in a sentence
The provisions of this Agreement supersede any conflicting provi- sions in the Settlement Agreement, NFL Player Contract, the NFL Constitution and Bylaws, the NFL Rules, or any other document affecting terms and conditions of em- ployment of NFL players, and all players, Clubs, the NFLPA, the NFL, and the Management Council will be bound hereby.
If the player is released through waivers, the player immediately becomes an Undrafted Rookie, with the right to sign an NFL Player Contract with any Club, subject to the provisions of Article 7, and any Club is then free to negotiate for and sign a Player Contract with such player, without any Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period.
For such players subject to a Right of First Refusal, the Club must tender a four-year NFL Player Contract for the Minimum Active/Inactive List Salary for such League Years within the thirty day period specified in Subsection (a) above.
The Tender may be withdrawn at any time, but if such Tender is withdrawn, the player immediately becomes an Unrestricted Free Agent and thereafter is completely free to negotiate and sign a Player Contract with any Club, and any Club shall be completely free to negotiate and sign a Player Contract with such player, without any penalty or restriction, including, but not limited to, Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period.
If earned, payment shall be made within five business days of fulfillment of all of the other conditions specified in the Contract, or on the payment date specified in the Player Contract, whichever is later, provided that no payments of any kind may be made until after ratification of this Agreement, as described in Para- graphs 1 and 6 of the Settlement Agreement.
Within thirty days of receipt of such notice by the NFL or the date of the availability of such player, whichever is later, the NFL Club that drafted the player must tender a Player Contract as set forth in Section 3 above to the player in order to retain its rights to that player, as detailed below.
It shall be permissible for a player and Club to agree in a Player Contract as follows: “Player shall be subject to forfeiture of Salary to the maximum extent permitted under Article 4, Section 9 of the Agreement dated July 25, 2011 [or “of the Collective Bargaining Agreement dated August 4, 2011].” A player is not in any way obligated to agree to any such forfeiture clause, or any lesser forfeiture permitted by this Section.
A Club that drafts a player shall be deemed to have au- tomatically tendered the player a four-year NFL Player Contract for the Minimum Active/Inactive List Salary for such League Years.
The NFL Player Contract shall expire on the last day of the last League Year subject to such Contract.
The Tender may be withdrawn at any time, but if such Tender is withdrawn, the player im- mediately becomes an Unrestricted Free Agent and is completely free to negotiate and sign a Player Contract with any Club, and any Club is completely free to negotiate and sign a Player Contract with such player, without penalty or restriction, including, but not limited to, Draft Choice Compensation between Clubs or First Refusal Rights of any kind, or any signing period.