PLAYER’S AGENT CONTRACT.
This contract is made and entered into date, month, 2007, by and between Globe Sports Management Inc. residing
at 840 Bergen Avenue in New Jersey, USA, represented by its president in Europe
and licensed F.I.B.A. agent Maarten Herman van Gent, born March 22 1947 in Rotterdam in the Netherlands and residing at Sõpruse Pst. 222-59, 13412, Tallinn, Estonia (hereinafter mentioned ‘’Manager’’)
And
..........., born August, 1979, in........., ............ and residing at ......... (Hereinafter referred to as the ‘’PLAYER’’).
In considerations of the mutual covenants, agreements and undertakings between the parties hereto, agree as follows:
1. MANAGEMENT SERVICES
Player hereby appoints the Manager as his sole and exclusive Manager and representative of the term of this contract in connection with negotiations of the player’s contract with an organisation, which owns and operates professional sport teams (hereinafter referred to as ‘Club’).
The Manager agrees to use its best efforts with such negotiations.
2. MANAGER COMPENSATION
a. Manager will receive a fee of 10 % of the total salary of the player for his efforts and deals with the organizations or clubs. (This 10% will be negotiated in the contract with the club and directly paid from the cub to the Manager)
b. All extra costs Manager has to make in accordance with the negotiations and agreed upon before with the player in writing.
c. The payment of all fees for services rendered by the Manager hereunder payable in accordance with the following:
3. FIRST AND SUBSEQUENT YEARS
The Manager shall have the right to receive all compensation directly from the Club and to deduct its compensation, before paying over the balance to the Player and the Player hereby authorises the Club to make the payment directly to the Manager, hereby appointing the Manager the Player’s attorney-in-fact to receive and receipt for such payments.
If the Player receives promptly payments from the Club, the Player will remit to the Manager the compensation provided for in paragraph 2a of this agreement.
c) If anyone other than Manager performs any services, that would understandably be handled by the Manager under this agreement, without the prior written consent of the Manager, the Manager shall be entitled to receive the compensation provided for in paragraph 2.
If the player is negotiating with the organisation directly, than the player has to pay the fee mentioned in art 2 to the manager.
4. PLAYER’S UNIQUE TALENTS
The Player acknowledges that he has unique and exceptional talents, and that if he were to render services under any management, or the player himself, other than that of the Manager, the Manager would suffer irreparable harm.
Accordingly, the Manager shall have the right to an injunction, in addition to whatever other rights it may have for the breach of this agreement.
5. NO OTHER AGREEMENTS
The Player understands that he has the right to enter into and perform pursuant to this agreement and that he is prohibited from doing so by any other agreement or arrangement.
5. The Manager will render services to the other professional athletes, some of whom may compete with the Player.
The Manager shall not be obliged to render exclusive services to the Player.
6. TERM OF AGREEMENT
This agreement shall be in effort for a period of two (2) years from the date hereof.
After the expiration of the initial period, the agreement shall continue on a yearly basis,
unless terminated by either party on sixty- (60) day’s prior written notice.
7. ARBITRATION:
"Any dispute arising from or related to the present contract shall be submitted
to the FIBA Arbitral Tribunal (FAT) in Geneva, Switzerland and shall be
resolved definitely in accordance with the FAT Arbitration Rules.
The arbitrator shall decide the dispute ex aequo et bono.
Awards of the FAT can be appealed to the Court of Arbitration for Sport
(CAS), Lausanne, Switzerland. To the extent legally possible under Swiss law
recourse to the Swiss Federal Tribunal against awards of the FAT and against
decisions of the Court of Arbitration for Sport (CAS) upon appeal shall be
excluded"
8 GENERAL TERMS:
a. If any of this provision of this agreement shall be invalid, the remainder thereof shall nevertheless remain in full force and effect.
b. This agreement shall be the entire agreement between the parties regarding the subject matter hereof, any representations, warranties or conditions not expressly incorporated herein shall not be binding upon either party.
c. This agreement shall supersede all prior understandings, agreements and contracts and contains the entire agreement between the parties.
d. No oral agreement is binding upon the parties.
Both parties agree to use the English language for this agreement.
THE PARTIES HERETO HAVE CAUSED THIS AGREEMENT TO BE EXECUTED AND SET THEIR HANDS AND SEALS ON THE ..th. Day of ... 2007.
Globe Sports Management Inc. The Player.
Copy passport Player