APPENDIX 2 - Euroleague Basketball

Exhibit E
RIGHT OF FIRST REFUSAL
1. Agreement
1.1. 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.
1.2. The definitions included in the Contract are equally applicable to this
Exhibit.
2. Granting of the Right of First Refusal
2.1. Pursuant to Article 10, paragraph 3, of the Contract, the Player
hereby grants the Club the Right of First Refusal, according to which
the Club has the right to meet any offer by other Clubs to hire the
Player.
2.2. The Right of First Refusal has to be exercised by the Club within a
period of three months after the expiry of the Contract.
3. Duties of the Player
3.1. As soon as contacted by another Club, directly or through his agent,
the Player has the duty to inform immediately the offering Club of the
Right of First Refusal assigned by him to his former Club.
3.2. The Player has also the duty to inform immediately the Club of any
offer received from other Clubs.
4. Shape and content of the offers
4.1. Offers shall be in writing and duly dated and signed by both the legal
representative of the offering Club and the Player.
4.2. Offers shall include at least the duration of the contract and the
compensation offered to the Player, quoting in detail the amount of
the Player’s remuneration, as well as bonuses (if any) and/or fringe
benefits (if any) and their total gross value.
218