standard player / agent contract this...

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1 STANDARD PLAYER / AGENT CONTRACT THIS AGREEMENT made and entered this ( ) day of , 201__ by and between Conception Sports Management, LLC, a New Jersey Limited Liability Company, having offices at Continental Plaza, 411 Hackensack Avenue, Suite 213, Hackensack, New Jersey 07601, whose President/Agent is Douglas Anton (hereinafter referred to as “Agent”) and ______________ _______________________ , residing at (hereinafter referred to as “Player”). WHEREAS Player desires to sign with CSM as their sole and exclusive representation as a professional athlete for the territory of the world, and WHEREAS CSM is a full service Sports Management / Sports Agency company who desires to represent Player, and WHEREAS CSM and Player desire to enter into this agreement for CSM to seek to shop and/or place the Player with a Basketball Team in any location other than the United States territory (for which an NBA contract would need to be executed), and WHEREAS CSM President is a licensed NBA Player Agent. Even though CSM is not required to be a FIBA Agent to enter into this agreement with you, we believe our players and this agreement between us and our players should be at least informally, entitled to some uniformity in terms and entitled to some of the same general standards as are commonly used in the international basketball market, which are promulgated by FIBA, Federacion Internationale de Basketball, as well as formally, general contract law principles in the State of New Jersey. As a result, this agreement is modeled in part, upon the standards and practices promulgated by FIBA, but applied to this, a United States based contract, governed by the laws of the State of New Jersey, where CSM is located and where this contract is being offered, It is now understood and agreed as follows: 1. Engagement 1.1 . The Player hereby employs the Agent as its sole and exclusive Agent and the Agent hereby agrees to act as Agent for the Player. 1.2. The Agent shall advise, assist and represent the Player in connection with the engagement of the Player as a skilled basketball player by clubs worldwide (excluding the United States which shall be governed by our NBA Player Agent Agreement). Particularly, the Agent shall introduce the Player to any basketball club and/or co-Agent which might be interested to retain his services, shall then negotiate on behalf of the Player the relevant player contract to be signed by the Player and will subsequently liaise and deal in the Player's interest with the club and/or co-Agent on all matters of interest for the Player in connection with his engagement with the club or team. Agent shall also represent the Player’s interests in all other areas of the exploitation of his talent, name and likeness in any form of media or other, including but not limited to product endorsements, appearances, media campaigns or any other area where his/her talent and/or celebrity is to be exploited for or without compensation. 2. Parties to this Agreement Governed by New Jersey Law. The Parties agree that their relationship under this contract, in particular their respective right and duties to each other, shall be governed by general contract law as is mandated by the laws of the Sate of New Jersey as between the Player and Agent. The parties agree to be guided in their negotiations with clubs, when practicable to do so, by FIBA internal regulations as it may effect a Player and/or Agent in dealings with clubs or co-agents. 3. Compensation For any contract procured by the Agent or any one on Agent’s behalf, and signed by the Player, the Player agrees to pay to the Agent an agent fee of 10% (Ten Percent) of the Player's gross salary until the expiration/termination date of any Player contract executed pursuant to this Agreement or any extension, renewal or modification of the Player’s contract with a club, whichever occurs later; provided, however, that either party may terminate this Agreement effective

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Page 1: STANDARD PLAYER / AGENT CONTRACT THIS …conceptionsportsmanagement.com/.../06/CSM-INTL-Player-Contract.pdf1 STANDARD PLAYER / AGENT CONTRACT THIS AGREEMENT made and entered this (

1

STANDARD PLAYER / AGENT CONTRACT

THIS AGREEMENT made and entered this ( ) day of , 201__ by and between

Conception Sports Management, LLC, a New Jersey Limited Liability Company, having offices at Continental Plaza,

411 Hackensack Avenue, Suite 213, Hackensack, New Jersey 07601, whose President/Agent is Douglas Anton

(hereinafter referred to as “Agent”) and ______________ _______________________ , residing at

(hereinafter referred to as “Player”).

WHEREAS Player desires to sign with CSM as their sole and exclusive representation as a professional athlete

for the territory of the world, and

WHEREAS CSM is a full service Sports Management / Sports Agency company who desires to represent

Player, and

WHEREAS CSM and Player desire to enter into this agreement for CSM to seek to shop and/or place the

Player with a Basketball Team in any location other than the United States territory (for which an NBA contract would

need to be executed), and

WHEREAS CSM President is a licensed NBA Player Agent. Even though CSM is not required to be a FIBA

Agent to enter into this agreement with you, we believe our players and this agreement between us and our players

should be at least informally, entitled to some uniformity in terms and entitled to some of the same general standards

as are commonly used in the international basketball market, which are promulgated by FIBA, Federacion Internationale

de Basketball, as well as formally, general contract law principles in the State of New Jersey. As a result, this agreement

is modeled in part, upon the standards and practices promulgated by FIBA, but applied to this, a United States based

contract, governed by the laws of the State of New Jersey, where CSM is located and where this contract is being offered,

It is now understood and agreed as follows:

1. Engagement

1.1 . The Player hereby employs the Agent as its sole and exclusive Agent and the Agent hereby agrees to act as

Agent for the Player.

1.2. The Agent shall advise, assist and represent the Player in connection with the engagement of the Player as a

skilled basketball player by clubs worldwide (excluding the United States which shall be governed by our NBA Player

Agent Agreement). Particularly, the Agent shall introduce the Player to any basketball club and/or co-Agent which might

be interested to retain his services, shall then negotiate on behalf of the Player the relevant player contract to be signed

by the Player and will subsequently liaise and deal in the Player's interest with the club and/or co-Agent on all matters

of interest for the Player in connection with his engagement with the club or team. Agent shall also represent the

Player’s interests in all other areas of the exploitation of his talent, name and likeness in any form of media or other,

including but not limited to product endorsements, appearances, media campaigns or any other area where his/her talent

and/or celebrity is to be exploited for or without compensation.

2. Parties to this Agreement Governed by New Jersey Law.

The Parties agree that their relationship under this contract, in particular their respective right and duties to each

other, shall be governed by general contract law as is mandated by the laws of the Sate of New Jersey as between the

Player and Agent. The parties agree to be guided in their negotiations with clubs, when practicable to do so, by FIBA

internal regulations as it may effect a Player and/or Agent in dealings with clubs or co-agents.

3. Compensation

For any contract procured by the Agent or any one on Agent’s behalf, and signed by the Player, the Player

agrees to pay to the Agent an agent fee of 10% (Ten Percent) of the Player's gross salary until the expiration/termination

date of any Player contract executed pursuant to this Agreement or any extension, renewal or modification of the Player’s

contract with a club, whichever occurs later; provided, however, that either party may terminate this Agreement effective

Page 2: STANDARD PLAYER / AGENT CONTRACT THIS …conceptionsportsmanagement.com/.../06/CSM-INTL-Player-Contract.pdf1 STANDARD PLAYER / AGENT CONTRACT THIS AGREEMENT made and entered this (

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fifteen (15 ) days after written notice of termination is given to the other party. Upon being terminated pursuant to the

above provision, the Agent shall nevertheless, still be entitled to be compensated in the same fashion as it was during

the term of the agreement and for any extension, renewal or modification of the Player’s contract with any club,

whichever occurs later, at the same compensation rate listed above until said agreement and any extension, renewal or

modification of the Player’s contract with a club, whichever occurs later, has concluded or terminated without any further

extension, renewal or modification of that Players’s contract. The Agents Fee shall be compensation for all the services

that are, have been and will be provided by the Agent according to this contract. The Agent shall be entitled to

reimbursement of any and all expenses advanced for the Player out of Players compensation. However, the Player is

released from paying such compensation obligation as the primary payor in the event that the Player contract includes

a clause according to which the Agent collects its Agent fee directly from the club.

4. Term

This Agreement shall begin on the day of signature hereof by both parties and shall expire as set forth above

or at the latest, two years from the date of this agreement, unless renewed by written agreement between the parties. Said

termination will not effect the Agent’s continuing right to receive compensation due it under this Agreement, the Player

agreement with a club, or any continuing 3 party agreement, even if same was an agreement entered into postrd

termination, so long as same stemmed from this agreement.

5. Entire Agreement

This is the entire agreement of the parties. Any amendments and/or additions to this Agreement shall be made

in writing; the foregoing shall also apply to any amendment to this clause 5.

6. Confidentiality

The parties agree to keep confidential the contents of this Agreement and any matters related thereto.

7. Notices

All notices hereunder shall be effective if sent by certified mail, return receipt requested, postage prepaid to the

following addresses for the parties.

If to Agent: Conception Sports Management, LLCC/O Douglas C. Anton, Esq. 3 University Plaza Drive, Suite 207Hackensack, New Jersey 07601

If to Player: _________________________________________________________________

_________________________________________________________________

The parties signed below understand and agree to the Agreement terms set forth above and have indicated same

by signing on their respective places below. Both parties acknowledge that they have been given ample opportunity to

review this Agreement by themselves and/or through the attorney or representative of their own choosing and are

therefore signing this Agreement freely, voluntarily and intelligently, knowing the ramification of all of this terms.

EXAMINE THIS CONTRACT CAREFULLY BEFORE SIGNING IT

IN WITNESS WHEREOF, the parties hereto have hereunder signed their names.

AGENT PLAYER

Date: ________________ Date: ___________________

_______________________________ _________________________________

Douglas C. Anton, Name: ___________________________

Conception Sports Management, LLC SS#: ___________________________

D/O/B: ___________________________