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
Illinois Employment Contract between Professional Boxer and Manager Keywords: Illinois, employment contract, professional boxer, manager, types Description: An Illinois Employment Contract between a Professional Boxer and Manager is a legally binding agreement that outlines the terms and conditions of the working relationship between a professional boxer and their manager in the state of Illinois. This contract is crucial to ensuring a fair and transparent working relationship between both parties, protecting their rights and interests. While there may be various types of Illinois Employment Contracts between Professional Boxers and Managers, two commonly known types are: 1. Exclusive Management Contract: This type of contract grants the manager exclusive rights to represent the professional boxer. It establishes the manager as the sole representative tasked with managing the boxer's career, including negotiating fights, sponsorships, appearances, and other business opportunities. The contract may specify a specific duration or length of the agreement, as well as how the manager's fees or commissions will be structured. 2. Non-Exclusive Management Contract: In contrast to the exclusive management contract, this type of agreement allows the professional boxer to have multiple managers or representation alongside the contracted manager. The non-exclusive manager may be responsible for specific tasks or limited scope of responsibilities, such as providing guidance in training, negotiating certain fight deals, or overseeing specific aspects of the boxer's career. The contract should clearly outline the limitations of the non-exclusive manager's role and address matters such as compensation and scope of representation. Irrespective of the type of contract, an Illinois Employment Contract between a Professional Boxer and Manager generally includes the following key elements: 1. Identification of the Parties: The contract should clearly identify both the professional boxer and the manager involved in the agreement, including their full legal names and contact information. 2. Term and Termination: This section specifies the start and end dates of the contract, outlining the duration for which the manager will represent the boxer. Additionally, the conditions under which the contract may be terminated by either party should be clearly defined. 3. Manager's Responsibilities: The contract should outline the specific duties and responsibilities the manager will undertake, such as negotiating fights, overseeing training, managing sponsorships, handling financial matters, and representing the boxer in public and media interactions. 4. Compensation: The agreement should clearly state the compensation structure, including any management fees or commissions the manager will receive based on the boxer's earnings. It should also detail the timeline and method of payment. 5. Confidentiality and Non-Disclosure: This section ensures that both parties agree to keep all confidential information and trade secrets discussed or shared during their working relationship confidential. 6. Dispute Resolution: In case of any disputes arising from the contract, this section defines the procedure for resolving them, whether through mediation, arbitration, or in a court of law. Remember, to ensure the validity and enforceability of an Illinois Employment Contract between a Professional Boxer and Manager, it is highly recommended seeking legal counsel to draft or review the agreement.
