OAR 230-060-0020
Execution of Contract

Every contract between a professional unarmed combat sports competitor and a manager shall contain provisions governing its duration, division of the competitor’s purse and the minimum sum to be guaranteed annually to the unarmed combat sports competitor by the manager. Each contract shall provide that the contract shall be automatically terminated if the license of either party is revoked by the Commission. If the license of either party is suspended, the contract shall not bind upon the other party during the period of the suspension. No contract between a manager and professional unarmed combative sports competitor shall be legally valid until both parties to the contract have signed in the presence of the Administrator or submitted a signed and notarized original, and have received its written approval from the Administrator. No contract shall be approved between a manager and a professional unarmed combat sports competitor for a period exceeding five years. No option to extend the initial period shall be permitted.

Source: Rule 230-060-0020 — Execution of Contract, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=230-060-0020.

Last Updated

Jun. 8, 2021

Rule 230-060-0020’s source at or​.us