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
Chicago Illinois Employment Contract between Professional Boxer and Manager is a legally binding agreement that outlines the rights, responsibilities, and obligations of both the professional boxer and their manager in the city of Chicago, Illinois. This contract serves to protect the interests of both parties and establish a mutually beneficial working relationship. The contract typically includes several key provisions that are applicable to all types of professional boxer-manager relationships. These provisions may include but are not limited to: 1. Scope of Representation: This section defines the specific services, duties, and responsibilities that the manager will provide to the boxer, such as arranging matches, negotiations with promoters, securing sponsorships, and managing the boxer's career. 2. Term and Termination: This outlines the duration of the contract, including any renewal clauses or termination conditions. It may also include provisions for early termination by either party, usually with prior written notice. 3. Compensation: This section details the payment terms, including the manager's commission or fees, and how they will be calculated. It may also include provisions for reimbursement of certain expenses incurred by the manager. 4. Duties and Obligations: This outlines the specific responsibilities of both the boxer and the manager. The boxer's obligations may include maintaining fitness, attending training sessions, participating in promotional activities, and adhering to professional codes of conduct. The manager's responsibilities may include providing guidance and advice, acting in the boxer's best interest, and seeking opportunities for the boxer's career advancement. 5. Intellectual Property: This provision addresses ownership and usage rights of intellectual property related to the boxer, such as their name, likeness, and image rights. It may include restrictions on the manager's use of the boxer's intellectual property without consent. 6. Dispute Resolution: This section outlines the process for resolving disputes that may arise during the term of the contract, such as mediation or arbitration. It may also specify the jurisdiction and governing law applicable to the contract. There can be variations of the Chicago Illinois Employment Contract between Professional Boxer and Manager depending on the specific circumstances and negotiation between the parties. Some specific types of contracts that may exist include: 1. Fixed Term Contract: This contract establishes a fixed duration for the partnership between the boxer and the manager. It typically includes provisions for renewal or termination at the end of the term. 2. Rolling Contract: This contract does not have a fixed term and remains in force until either party terminates the agreement with prior notice. Rolling contracts often include an initial term and automatically renew unless either party terminates. 3. Exclusive Contract: This contract ensures that the boxer and manager have an exclusive working relationship, meaning the boxer cannot employ another manager or agent during the contract term. 4. Non-Exclusive Contract: This contract allows the boxer to have multiple managers or agents working on their behalf. This may be suitable for boxers who prefer to have their career handled by different individuals or agencies. It is important for professional boxers and their managers to carefully review and negotiate the terms of their employment contract to ensure that their respective rights and interests are protected. Seeking legal counsel is highly recommended when drafting or modifying such contracts to ensure compliance with relevant laws and regulations.
