What does a pro boxer's contract entail?
Full Question:
Answer:
Names of parties.
Addresses of parties.
Statement of hiring.
Term of contract.
;Duties and obligations of athlete (such as attendance at training)
;Amount of compensation.
Times at which compensation payable.
Payment of bonus (if applicable).
Board, lodging, and traveling expenses while traveling.
Compliance with rules of the athletic association and/or club.
Covenant not to play for others during term of contract.
Covenant not to engage in related activities.
Effect of not being in physical condition.
Effect of injuries.
Effect of temporary retirement from active sports.
Payment of fines imposed by athletic association or club.
Right of employer to assign the contract.
Right of employer to seek injunction to prevent playing for others.
Use of pictures for publicity purposes.
Arbitration or other method of settling disputes between parties.
Option to renew.
Termination of contract (such as grounds and procedure).
Incorporation of applicable rules and regulations of athletic association into contract.
Law to govern interpretation of contract.
Effective date of contract.
Date of execution of contract.
Signatures
