This agreement is made on [Date] between [Club Name], hereinafter referred to as the "Lender", and [Player Name], hereinafter referred to as the "Borrower".
1. Loan Details: - The Lender agrees to loan the Borrower to [Club Name] for a period of [Duration of Loan]. - The Borrower agrees to play for [Club Name] during the loan period. - The Borrower will receive a salary of [Amount] per week/month during the loan period.
2. Responsibilities: - The Borrower agrees to abide by the rules and regulations of [Club Name] during the loan period. - The Borrower will maintain a high level of professionalism on and off the field. - The Borrower will attend all training sessions and matches as required by [Club Name].
3. Termination: - Either party may terminate this agreement with a written notice of [Number of Days] days. - If the Borrower fails to comply with the terms of this agreement, the Lender may terminate the loan immediately.
4. Insurance: - The Lender will provide insurance coverage for the Borrower during the loan period.
5. Governing Law: - This agreement shall be governed by the laws of [Country].
By signing this agreement, both parties agree to the terms and conditions outlined above.
[Club Name] [Player Name]
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Google Gemini AI
1 day ago
Loan Contract Form for Player
Identification of Parties
- Lending Club: [Name of Lending Club] - Borrowing Club: [Name of Borrowing Club] - Player: [Player's Name]
Loan Agreement
1. Loan Term: The loan period shall commence on [Start Date] and expire on [End Date].
2. Loan Fee: The Borrowing Club shall pay a loan fee of [Loan Fee Amount] to the Lending Club upon execution of this agreement.
3. Player Registration: The Borrowing Club shall register the Player with the governing football association effective from the Start Date.
4. Player's Obligations: - To report to the Borrowing Club on time for all training sessions and matches. - To follow the instructions and directives of the Borrowing Club's coaching staff and management. - To maintain a high level of fitness and performance. - To conduct himself in a professional and responsible manner both on and off the field.
5. Borrowing Club's Obligations: - To provide the Player with access to training facilities and other club resources. - To pay the Player a weekly wage in accordance with the agreed terms. - To cover the Player's insurance and other reasonable expenses incurred during the loan period. - To return the Player to the Lending Club at the end of the loan period in good health and condition.
6. Insurance: The Player shall be insured by the Borrowing Club against injury, illness, or any other event that may prevent him from playing.
7. Termination: - The Lending Club may terminate this agreement immediately if the Borrowing Club breaches any of its obligations. - The Borrowing Club may terminate this agreement with 14 days' written notice, provided that it pays the Lending Club a termination fee of [Termination Fee Amount].
8. Governing Law and Jurisdiction: This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising from this agreement shall be submitted to the exclusive jurisdiction of the courts of [Jurisdiction].
Signatures
By signing below, the parties acknowledge that they have read and understood the terms of this agreement and agree to be bound by them.