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Boxing Employment Agreement-------------------, referred to as BOXER, and ---------------------, referred to as MANAGER, agree: BOXER agrees to exclusively box and train for MANAGER under the terms and conditions stated herein beginning on __________, 20 __ and terminating on __________, 20 __. BOXER shall train as directed by MANAGER, providing good faith and best efforts. BOXER shall follow the regime of training and cooperate fully with the instruction provided. MANAGER shall use MANAGER's best efforts to secure fights for BOXER, and BOXER shall use BOXER's best efforts in matches obtained by MANAGER. MANAGER shall pay BOXER % of the net receipts from any engagements or contracts obtained by MANAGER for the services of BOXER, after the deduction of bona fide training and travel expenses. MANAGER shall pay a signing bonus of $ ( & no/100 dollars) upon the execution of this agreement to BOXER. MANAGER guarantees to BOXER minimum compensation of $ ( & no/100 dollars) during the contract. BOXER shall be entitled to payment of the difference between the amount guaranteed and and actual earnings, if any, within 10 days of the conclusion of this contract term. This contract is for exclusive personal services. BOXER agrees not to participate in any other sport or athletic activity during the term of this agreement without the prior written consent of MANAGER. In the event that BOXER is suspended by any state athletic commission from engaging in boxing this agreement, at the option of MANAGER, shall terminate. Any requirement to pay compensation shall cease upon such termination, except for compensation owed prior to the suspension. The parties agree that injunctive relief is appropriate in this matter in the event of a breach due to the unique nature of the services herein. This agreement shall be subject to the regulations of any applicable government bodies with jurisdiction over this matter. This is the entire agreement between the parties and this agreement may only be modified in writing. Dated: ___/____/____ __________________________ __________________________
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