G League Agreement Document

G League Agreement Document

This G League Agreement (the Agreement) is entered into as of Effective Date: by and between:

WHEREAS

WHEREAS, League Name: operates a competitive development sports league and administers events, training, and related services; and

WHEREAS, Participant Name: wishes to perform or receive services in connection with the League’s events and the parties desire to set forth the terms and conditions under which such services will be provided;

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:

Scope of Work

Deliverables, milestones, and acceptance criteria shall be those set forth above and as further detailed in any attachment executed by the parties. Participant shall perform services in a professional manner consistent with industry standards and in compliance with all applicable league rules and regulations.

Payment Terms

Late payments shall incur a late fee equal to on overdue amounts, compounded monthly, together with all costs of collection, including reasonable attorneys' fees.

Term and Termination

This Agreement shall commence on Start Date: and shall continue in effect until End Date: unless earlier terminated in accordance with this section.

Either party may terminate this Agreement for convenience upon written notice given at least days prior to the effective termination date. Either party may also terminate immediately for material breach if the breaching party fails to cure such breach within thirty (30) days after receipt of written notice describing the breach.

Confidentiality

For purposes of this Agreement, "Confidential Information" means non-public information disclosed by one party to the other that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information. Confidential Information includes business plans, player information, proprietary operating procedures, financial terms, and participant data.

Each receiving party shall (a) hold the disclosing party’s Confidential Information in strict confidence using at least the same degree of care it uses to protect its own confidential information (but no less than reasonable care); (b) not use Confidential Information except as permitted by this Agreement; and (c) not disclose Confidential Information to any third party except to its employees, contractors, or advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those herein. Confidentiality obligations shall survive termination of this Agreement for a period of years, except for trade secrets, which shall remain confidential for as long as they qualify as trade secrets.

Representations, Insurance, and Indemnity

Each party represents that it has the full power and authority to enter into this Agreement and to perform its obligations. Participant shall maintain, at Participant's expense, liability insurance with minimum limits as required by the League and shall provide certificates of insurance upon request. Participant shall indemnify, defend and hold harmless the League and its officers, agents and employees from and against any claims, liabilities, losses or expenses (including reasonable attorneys' fees) arising out of Participant’s negligence, willful misconduct, or breach of this Agreement.

Notices

All notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth above, or to such other address as a party may designate by notice, and shall be deemed given upon personal delivery or three (3) business days after deposit in certified mail, postage prepaid.

Governing Law; Dispute Resolution

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflicts of law principles. Any dispute arising out of or relating to this Agreement shall be resolved by binding arbitration administered in the chosen jurisdiction, unless the parties mutually agree in writing to pursue other remedies.

Entire Agreement; Amendment

This Agreement, together with any attachments or incorporated schedules, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written. No amendment or modification of this Agreement shall be effective unless in writing and signed by an authorized representative of each party.

Miscellaneous Provisions

If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties are independent contractors and nothing in this Agreement creates an employment, partnership, joint venture, or agency relationship. Neither party may assign this Agreement without the other party’s prior written consent, except that the League may assign to an affiliate or successor by operation of law.

Acknowledgment

The undersigned represent and warrant that they are duly authorized to execute and deliver this Agreement on behalf of the respective parties and that this Agreement is binding upon such party in accordance with its terms.

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