702.047 Contract requirements
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/or/ors-chapter-702/student-athletes/702-047·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
702.047 Contract requirements.
(1)A written agency contract must be in a record, signed or otherwise authenticated by the parties.
(2)A written agency contract must state or contain:
(a)The amount and method of calculating the consideration to be paid by the student athlete for services to be provided by the athlete agent under the contract and any other consideration the athlete agent has received or will receive from any other source for entering into the contract or for providing the services;
(b)The name of any person not listed in the application for registration or renewal of registration who will be compensated because the student athlete or, if the athlete is a minor, the parent or guardian of the athlete signed the written agency contract;
(c)A description of any expenses that the student athlete agrees to reimburse;
(d)A description of the services to be provided to the student athlete;
(e)The duration of the contract;
(f)The date of execution; and
(g)A statement that the athlete agent is registered as an athlete agent in this state and a list of any other states in which the agent is registered as an athlete agent.
(3)Except where ORS 702.200 applies, a written agency contract must contain, in close proximity to the signature of the student athlete or, if the athlete is a minor, the signature of the parent or guardian of the athlete, a conspicuous notice in boldfaced type in capital letters stating: