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APPENDIX 2 - Euroleague Basketball

APPENDIX 2 - Euroleague Basketball

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Notwithstanding the foregoing, the main/naming/presenting/title<br />

sponsor of the Club will be protected when it coincides with the<br />

<strong>Euroleague</strong> sponsors above. In this case, the aforementioned<br />

<strong>Euroleague</strong> sponsors might share advertising and promotional<br />

activities within the arena with the main/naming/presenting/title<br />

sponsor of the Club.<br />

10. The Club acknowledges and accepts that EP may transfer or assign<br />

the organisation and administration of the <strong>Euroleague</strong> to the<br />

Company.<br />

The Club expressly agrees that EP may at its sole discretion set off<br />

and compensate for any sum due by the Club for any reason<br />

whatsoever (including but not limited to any economic obligations<br />

such as payment to referees, payment of fines or share transfer<br />

obligations) to EP, the Company, ECA and/or any other club<br />

participating or having participated in the <strong>Euroleague</strong> against any<br />

sum due by EP, or any of its successors or assignees, to the Club.<br />

11. The Club expressly declares that it neither directly nor indirectly:<br />

a) Holds or deals in the securities or shares of any other Club, or<br />

b) Is a member of any other Club, or<br />

c) Is involved in any role whatsoever in the management,<br />

administration and/or sporting activity of any other Club, or<br />

d) Has any power whatsoever in the management, administration<br />

and/or sporting activity of any other Club.<br />

The Club accepts and declares that no person involved in any role<br />

whatsoever in the management, administration and/or sporting activity<br />

of the Club is or may at the same time, either directly or indirectly, be<br />

involved in any capacity whatsoever in the management,<br />

administration and/or sporting activity of another Club participating in<br />

the <strong>Euroleague</strong>. In addition, no person involved in the management of<br />

a Club may, either directly or indirectly, hold or deal in the securities or<br />

shares of any other Club.<br />

The Club accepts and declares that no person directly or indirectly by<br />

themselves or involved in any company representing players and/or<br />

coaches is or may either hold or deal in the securities or shares of the<br />

Club or have any power whatsoever in the management,<br />

administration and/or sporting activity of the Club.<br />

48

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