Sports Contract Basketball Agreement

SPORTS CONTRACT BASKETBALL AGREEMENT

This Sports Contract Basketball Agreement (the Agreement) is entered into as of Effective Date: by and between Player Name: (Player), an individual residing at , and Team Name: (Team), organized as: Entity Type: Individual Corporation LLC with principal place of business at .

RECITALS

WHEREAS, Player is a professional basketball athlete qualified to perform services as a basketball player, including participation in games, practices, training, promotional appearances, and team activities; and

WHEREAS, Team operates a professional basketball organization and desires to engage Player to render athletic services under the terms set forth herein; and

WHEREAS, the parties intend to set forth their respective rights and obligations with respect to Player's services for the Term specified below.

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

1. ENGAGEMENT AND TERM

1.1 Engagement. Team hereby engages Player to render professional basketball services and Player accepts such engagement on the terms and conditions of this Agreement.

1.2 Term. The initial term shall commence on Start Date: and continue until End Date: unless earlier terminated in accordance with Section 8.

2. DUTIES AND STANDARDS OF PERFORMANCE

2.1 Services. Player shall perform all duties customarily performed by a professional basketball player, including but not limited to practices, training sessions, games, promotional appearances reasonably requested by Team, and media obligations as agreed.

2.2 Standards. Player shall maintain physical fitness, comply with Team rules, codes of conduct, and applicable league regulations, and follow directions of Team coaches and medical staff consistent with professional standards.

3. COMPENSATION

3.1 Base Compensation. As full consideration for Player's services, Team shall pay Player a guaranteed Base Salary of $ payable in accordance with the Payment Schedule described in Section 3.2.

3.2 Payment Schedule. Payments shall be made:

3.3 Bonuses and Incentives. Player may be eligible for performance bonuses as set forth in Exhibit A or in separate written agreements executed by authorized representatives of Team.

3.4 Deductions and Withholding. All compensation is subject to required deductions and withholdings for taxes and other lawful purposes. Team shall provide Player with statements of amounts paid and deductions taken.

4. EXCLUSIVITY; OTHER ACTIVITIES

4.1 Exclusivity. During the Term, Player shall not, without Team's prior written consent, participate in professional basketball competition for any other team or engage in activities that conflict with Player's obligations under this Agreement.

4.2 Permitted Activities. Non-competitive charitable appearances, approved training programs, and other non-conflicting activities may be permitted subject to prior notice and written approval where required by Team policies.

5. MEDICAL EXAMINATION, INJURY, AND INSURANCE

5.1 Medical Examination. Player acknowledges that Team may require a medical examination prior to the commencement of the Term. Clearance by Team medical staff is a condition precedent to certain Team obligations.

5.2 Injuries. Player shall promptly report all injuries sustained while performing duties. Team shall provide or arrange reasonable medical treatment. Team's obligations for payment during injury or disability shall be as provided in Section 8 and applicable insurance policies.

5.3 Insurance. Team shall maintain insurance coverages customary for professional teams, including liability and player injury insurance. Player may maintain personal insurance at Player's expense; any duplication of benefits shall be coordinated in good faith.

6. TERMINATION

6.1 Termination for Cause. Team may terminate this Agreement for Cause upon written notice if Player materially breaches this Agreement, engages in gross misconduct, or violates applicable league rules, subject to any notice and cure periods required by law.

6.2 Termination for Disability. If Player is unable to perform due to injury or illness for a continuous period of , Team may elect to terminate upon written notice consistent with applicable law and agreed insurance provisions.

7. REPRESENTATIONS AND WARRANTIES

7.1 Player Representations. Player represents and warrants that Player has full right and authority to enter into this Agreement, is not under any contract that would conflict with the obligations hereunder, and will comply with applicable laws and league regulations.

7.2 Team Representations. Team represents and warrants that it has authority to engage Player and will provide reasonable and lawful conditions to permit Player to perform services.

8. CONFIDENTIALITY; PUBLICITY

8.1 Confidential Information. During the Term and thereafter, each party shall hold confidential and not disclose proprietary business information, trade secrets, and non-public financial terms of this Agreement except as required by law or with the other party's written consent.

8.2 Publicity and Image Rights. Player grants Team a non-exclusive, royalty-free license to use Player's name, image, likeness, and biographical information in connection with Team promotions, merchandise, and broadcasts during the Term, subject to Player's reasonable approval for commercial endorsements not directly related to Team.

9. INDEMNIFICATION

9.1 Mutual Indemnification. Each party shall indemnify, defend and hold the other harmless from and against any claims, liabilities, losses, damages, and expenses (including reasonable attorneys' fees) arising from that party's negligence, willful misconduct, or material breach of this Agreement.

10. ASSIGNMENT

10.1 Assignment. Player may not assign Player's rights or obligations under this Agreement without Team's prior written consent. Team may assign this Agreement to an affiliate or successor as part of a sale of substantially all of Team's assets, provided all obligations hereunder are assumed by the assignee.

11. NOTICES

All notices required or permitted hereunder shall be in writing and delivered to the addresses specified above and shall be effective upon receipt.

12. AMENDMENT; WAIVER; COUNTERPARTS

12.1 Amendment. This Agreement may be amended only by a written instrument signed by both parties.

12.2 Waiver. A waiver of any provision shall be effective only if in writing and signed by the party granting the waiver, and shall not constitute a waiver of any other right.

12.3 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all counterparts together shall constitute one and the same instrument.

13. GOVERNING LAW; ENTIRE AGREEMENT; SEVERABILITY

13.1 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State or jurisdiction where Team maintains its principal place of business, without regard to conflicts of law principles.

13.2 Entire Agreement. This Agreement, together with any exhibits and written amendments, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.

13.3 Severability. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect and the parties shall negotiate in good faith a valid substitute provision.

14. MISCELLANEOUS PROVISIONS

14.1 Relationship of Parties. The relationship between Team and Player is that of employer and employee or independent contractor as designated here: Employee Independent Contractor

14.2 Expenses. Team shall reimburse Player for reasonable, pre-approved travel and business expenses in accordance with Team policies. Reimbursement procedures shall require submission of receipts and documentation.

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