APPENDIX 2 - Euroleague Basketball

Exhibit D
RIGHT OF OPTION
1. Agreement
This Exhibit is an agreement attached to the contract signed by and
between the Club [name of the Club] and the Player [name of the
player] on [date of the contract] (hereinafter the “Contract”). If signed
hereinbelow, this agreement is to be considered wholly binding as an
integral part of the Contract.
2. Granting of the Right of Option and content of the proposal
2.1. Pursuant to Article 10, paragraph 2, of the Contract, the Player
hereby grants the Club the Right of Option, according to which the
Club has the right to accept the Player’s proposal to hire him again
under the following terms and conditions:
Duration of the contract
The new contract will have a duration of …….. from the end of the Contract
until …………
Compensation
For the rendering of the services and athletic activities provided by in the
new contract, the Club shall pay the Player the total amount of
____________ to be paid in ___ instalments, with the partial amounts,
deadlines, and ways and means of payment to be specified in the Contract.
Fringe benefits if any
The Parties agree on the following particular fringe benefits: [detail or
not the fringe benefits such as car, mobile telephone, board and
lodging or else]
The Parties hereby declare that the total gross value of the agreed
fringe benefits amounts to ___________.
Bonuses if any
The Parties agree on the following bonuses to be paid in connection
with the achievement of the following results:
…………………………………………………………………………………………………………………
…………………………………………………………………………………………………………………
…………………………………………………………………………………………………………………
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