Fill and Sign the Representation Agreement Form

Representation Agreement between Sports Agent and Athlete Agreement made on the ___________________________ (date), between _________________________________ (Name of Player), of ___________________________ ______________________________________________________________________________ (street address, city, county, state, zip code) , hereinafter called Player, and ______________________________________ (Name of Representative) of _______________ _____________________________________________________________________________ (street address, city, county, state, zip code) , hereinafter called Representative. For and in consideration of the mutual covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. Term The term of this Agreement shall commence on the date of its execution and sha ll continue during the term of any Player contract negotiated by Representative on behalf of Player pursuant to this Agreement. This Agreement shall be considered automatically renewed unl ess terminated by either party by written notice. The Agreement shall be deemed term inated ________ (number) days after the notice of termination is sent pursuant to Section Eight of this document.2. Representative Services During the term of this Agreement, Representative shall have the exclusive right to represent, advise, counsel and assist Player with regard to the following: A. Negotiation of all professional athletic contracts on behalf of the Player; B. Consultation and advice with respect to finances, taxes and tax planning; C. Reparation of income tax returns due during the term of this Agreement; D. Collection of income due Player and maintenance of commercial and other bank accounts under Player's name at such bank or banks as Player may designate; E. Payment of Player's accounts due during the term of this Agreement; and F. Engagement of services of an investment advisor to provide investment advice to Player at no additional cost. 3. Special Instructions or Provisions (Insert any special instructions or provisions) ________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ 4. CompensationPlayer shall pay to Representative for services rendered pursuant to this Agreement a sum equal to the greater of either (a) the sum of the standard hourly rate charge d by Representative for such services up to a maximum of __________________ (dollar amount) per hour multiplied by the hours spent on those services by Representative; or (b) ______% of the gross amount of all money received by Player or on Player's behalf as the result of any Player contract, including any substitutions, additions, modifications, renewals or extensions of any Player contract, the negotiation of which commenced during the term of this Agreement regardless of whether such income is received during the term of this Agreement or afte r the termination of such term, except that it shall not include bonuses that are payabl e to any Player in the league by reason of participation in extra-season or postseason events such as playoffs, al l- star games or other similar events. Unless otherwise expressly agreed in writing by the parties to this Agreement, the Player shall make all such compensation payments to Representative within ________ (number) days of receipt of a salary payment under any Player contract or in such annual installments as may be agreed between Player and Representative . No such compensation shall directly or indirectly be made payable or be paid to Representative by Player 's professional athletic team or league, and the amount of such compensation shall neither be agreed upon nor discussed by Representative with such professional athletic team or league. 5. Expenses Player agrees to reimburse Representative for travel expenses actually incurred by Representative in the performances of his services under this Agreement in an amount up to, but not exceeding, __________________ (dollar amount) for negotiation of each separate Player contract pursuant to this Agreement. Player shall promptly pay all such expenses upon receipt of an itemized statement from Representative. 6. Standards and Practices In the performance of the services pursuant to this Agreement, Representative shall abide by and conform to the Code of Ethics adopted by the (e.g., Player’s Union) ________________ _______________________________ . 7. Mandatory Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 8. Notices Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 9. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of _______________________. 10. No Waiver The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 11. Entire Agreement This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 12. Modification of Agreement Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 13. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 14. Counterparts This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but one and the same instrument. WITNESS our signatures as of the day and date first above stated. ______________________________ _____________________________ PLAYER REPRESENTATIVE