This form contains such provisions as:
" Employment of Boxer
" Boxer's Compensation
" Manager's Efforts
" Boxer's Compliance
" Exclusivity of Contract
" Training and Travel
" Uniqueness of Boxer's Services
" Official Approval
" Manager's License
" No Waiver
" Governing Law
Arkansas Employment Contract between Professional Boxer and Manager: A Comprehensive Guide In the world of professional boxing, an employment contract between a professional boxer and their manager is of utmost importance. This agreement helps establish the terms and conditions under which the boxer is employed, the scope of the manager's responsibilities, and the financial arrangements between both parties. In Arkansas, specific regulations govern such contracts to ensure fairness and protection for both the boxer and the manager involved. Below is a detailed description of an Arkansas Employment Contract between a Professional Boxer and Manager, along with its distinctive types: 1. Standard Employment Contract: The standard employment contract serves as the foundation for the boxer-manager relationship. It outlines essential terms such as the names and addresses of both parties, effective dates, and duration of the contract. This contract also includes provisions regarding compensation, which typically consist of a managerial fee or commission structure based on the boxer's earnings. 2. Term Employment Contract: A term employment contract specifies a fixed period for the agreement, such as one year or multiple years. This type of contract offers both the boxer and manager a sense of stability, allowing them to plan long-term strategies and goals. It also helps protect the manager's investment in the boxer's career, as they anticipate substantial growth and achievements over the defined term. 3. Promotional Agreement: While not strictly an employment contract, a promotional agreement is often included in the boxer-manager relationship. This agreement involves a boxing promoter who contracts the services of the boxer for specific fights or events. The boxer's manager negotiates the terms of these promotional agreements to ensure the boxer's well-being and financial success. 4. Exclusive Representation Agreement: An exclusive representation agreement grants the manager exclusive rights to represent the boxer, ensuring that the boxer does not engage with any other managers or agencies during the contract's duration. This type of agreement signifies a high level of trust and commitment between the boxer and manager, as both parties work closely to advance the boxer's career and secure lucrative opportunities. 5. Co-Promotional Agreement: In certain cases, a boxer and their manager may enter into a co-promotional agreement. This agreement involves both the manager and the boxer participating in the promotion and organization of certain events. Here, the manager acts not only as a representative but also as an event promoter, expanding their role and potential revenue streams. Arkansas Employment Contract Requirements: In Arkansas, employment contracts between professional boxers and managers must comply with state laws and regulations. These requirements include: 1. Arkansas Professional Boxing Act: Both the professional boxer and manager must adhere to the provisions set forth in the Arkansas Professional Boxing Act. This act ensures the licensing of all participants and promotes fair, honest, and competitive boxing events within the state. 2. Legal Considerations: An Arkansas Employment Contract must comply with general contract laws, including mutual agreement, consideration, and legal purposes. All terms and conditions specified within the contract should be lawful and enforceable. 3. Contract Termination: The contract should clearly state the grounds for termination, including any breach of contract by either party or mutually agreed-upon terms for termination. This ensures transparency and protects the rights of both the boxer and manager involved. In conclusion, an Arkansas Employment Contract between a professional boxer and manager is a vital tool for establishing a successful partnership. The contract's type may vary based on the specific arrangement and needs of the parties involved, ranging from the standard employment contract to more specialized agreements like term contracts, promotional agreements, exclusive representation agreements, or co-promotional agreements. Understanding the requirements set by the Arkansas Professional Boxing Act and having a clear, comprehensive agreement can foster a fruitful working relationship between the boxer and their manager while ensuring fairness and protection for both parties.
