30 Miss. Code. R. 301-1.6 - Contracts
A. All agreements must be in the form of a
written contract approved by and filed with the Commission. There shall be no
oral agreements.
B. The promoter
shall contract with all competitors using a bout agreement approved by the
Commission. There shall be 3 copies of all contracts, each for the promoter,
contestant and Commission.
C. The
contract between a promoter and a contestant shall embody all of the agreements
between the parties.
D. Contracts
not filed with the Commission may be considered invalid.
E. Each contract made with a venue, sponsor,
investor, or any contract related to the event must be submitted to the
Commission upon request.
F. No
contestant shall be paid before completing his or her bout.
G. All bout agreements shall contain language
that subjects the contestant to being temporarily licensed by the Commission
upon signing the agreement.
H. All
contracts relating to the holding or staging of any boxing, wrestling or
sparring match or exhibition or relating to any participation therein, shall
contain a provision to the effect that all rules passed or adapted by the
Commission, either before or after the execution of the contract, shall be
considered as a part of the contract, the same as if said rule were fully set
out of the body of the instrument.
I. If it should be determined by the
Commission that a contestant did not give a good faith effort of their skills,
the contestant may not be paid their contracted purse.
J. At the discretion of the Commission, a
contestant may not be paid their contract purse if they are disqualified.
K. Any contract provision may be
considered and treated as a rule and be subject to any and all fines and
suspension allowed by the Commission.
L. The promoter prior to offering the bout
agreement to the contestant shall sign all bout contracts offered to
contestants.
M. Any contract bout
agreement offered to a contestant to sign, that is not first signed by the
promoter, may be considered a valid agreement by the Commission.
N. No contract provision shall require a
contestant to sell any tickets; however, tickets sold by a contestant may be
offered as a bonus to the contestant.
Notes
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