REPRESENTATION AGREEMENT
Agreement made [date], by [name of representative], of [address], referred to in this agreement as the representative, and [name of player], of [address], referred to in this agreement as the player.
In consideration of the mutual benefits and obligations set forth in this agreement, the parties agree as follows:
1. TERM. The term of this agreement shall commence on the date of its execution and shall continue during the term of any player contract negotiated by representative on behalf of player pursuant to this agreement. This agreement shall be considered automatically renewed unless terminated by either party by written notice. The agreement shall be deemed terminated [number] days after the notice of termination is sent pursuant to Section Eight of this document.
2. REPRESENTATIVE SERVICES
During the term of this agreement, representative shall have the exclusive right to represent, advise, counsel and assist player with regard to the following:
(a) negotiation of all professional athletic contracts on behalf of the player;
(b) consultation and advice with respect to finances, taxes and tax planning;
(c) preparation of income tax returns due during the term of this agreement;
(d) collection of income due player and maintenance of commercial and other bank accounts under player's name at such bank or banks as player may designate;
(e) payment of player's accounts due during the term of this agreement; and
(f) engagement of services of an investment advisor to provide investment advice to player at no additional cost.
3. SPECIAL INSTRUCTIONS
[Insert any special instructions.]
4. COMPENSATION
 Player shall pay to representative for services rendered pursuant to this agreement a sum equal to the greater of either (a) the sum of the standard hourly rate charged by representative for such services up to a maximum of $[amount] per hour multiplied by the hours spent on those services by representative, or (b) [amount] percent of the gross amount of all money received by player or on player's behalf as the result of any player contract, including any substitutions, additions, modifications, renewals or extensions of any player contract, the negotiation of which commenced during the term of this agreement regardless of whether such income is received during the term of this agreement or after the termination of such term, except that it shall not include bonuses that are payable to any player in the league by reason of participation in extra-season or postseason events such as playoffs, all-star games or other similar events. Unless otherwise expressly agreed in writing by the parties to this agreement, the player shall make all such compensation payments to representative within [number] days of receipt of a salary payment under any player contract or in such annual installments as may be agreed between player and representative. No such compensation shall directly or indirectly be made payable or be paid to representative by player's professional athletic team or league, and the amount of such compensation shall neither be agreed upon nor discussed by representative with such professional athletic team or league.
5. EXPENSES. Player agrees to reimburse representative for travel expenses actually incurred by representative in the performances of [his or her] services under this agreement in an amount up to, but not exceeding, $[amount] for negotiation of each separate player contract pursuant to this agreement. Player shall promptly pay all such expenses upon receipt of an itemized statement from representative.
6. STANDARDS AND PRACTICES. In the performance of the services pursuant to this agreement, representative shall abide by and conform to the Code of Ethics adopted by the [Association of Representatives of Professional Athletes].
7. DISPUTES. The parties shall submit all disputes arising out of or relating to this agreement to binding arbitration before the American Arbitration Association, and under the rules of that Association. The costs of the arbitration shall be paid as the arbitrators may direct. The award shall be rendered in such form that a judgment may be entered on the award.
8. NOTICES
All notices pursuant to this agreement shall be effective if sent by certified or registered mail, postage prepaid, return receipt requested, to the following addresses:
To representative: [address]
To player: [address]
9. ENTIRE AGREEMENT. This document sets forth the entire agreement between the parties and replaces or supersedes all prior agreements between the parties relating to the same subject matter. This agreement cannot be changed orally.
10. SUCCESSORS AND ASSIGNS. This agreement shall be binding upon and inure to the benefit of each party and their respective successors, assigns, heirs and personal representatives, as the case may be.
11. GOVERNING LAW. This agreement shall be construed, interpreted and enforced according to the laws of the State of [name].
12. SEVERABILITY. In the event any provision of this agreement shall be for any reason rendered illegal or unenforceable, the same shall not affect the validity or enforceability of the remaining provisions.
In witness, each party to this agreement has caused it to be executed at [place of execution] on the date indicated below.