2005 Idaho Code - 54-4810 — REQUIRED FORM OF CONTRACT

                                  TITLE  54
                    PROFESSIONS, VOCATIONS, AND BUSINESSES
                                  CHAPTER 48
                          UNIFORM ATHLETE AGENTS ACT
    54-4810.  REQUIRED FORM OF CONTRACT. (a) An agency contract must be in a
record, signed or otherwise authenticated by the parties.
    (b)  An agency contract must state or contain:
    (1)  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;
    (2)  The name of any person not listed in the application for registration
    or renewal of registration who will be compensated because the
    student-athlete signed the agency contract;
    (3)  A description of any expenses that the student-athlete agrees to
    reimburse;
    (4)  A description of the services to be provided to the student-athlete;
    (5)  The duration of the contract; and
    (6)  The date of execution.
    (c)  An agency contract must contain, in close proximity to the signature
of the student-athlete, a conspicuous notice in boldface type in capital
letters stating:
    WARNING TO STUDENT-ATHLETE
    IF YOU SIGN THIS CONTRACT:
         (1)  YOU MAY LOSE YOUR ELIGIBILITY TO COMPETE AS A STUDENT-ATHLETE IN
         YOUR SPORT;
         (2)  IF YOU HAVE AN ATHLETIC DIRECTOR, WITHIN 72 HOURS AFTER ENTERING
         INTO THIS CONTRACT, BOTH YOU AND YOUR ATHLETE AGENT MUST NOTIFY YOUR
         ATHLETIC DIRECTOR; AND
         (3)  YOU MAY CANCEL THIS CONTRACT WITHIN 14 DAYS AFTER SIGNING IT.
         CANCELLATION OF THIS CONTRACT MAY NOT REINSTATE YOUR ELIGIBILITY.
    (d)  An agency contract that does not conform to this section is voidable
by the student-athlete. If a student-athlete voids an agency contract, the
student-athlete is not required to pay any consideration under the contract or
to return any consideration received from the athlete agent to induce the
student-athlete to enter into the contract.
    (e)  The athlete agent shall give a record of the signed or otherwise
authenticated agency contract to the student-athlete at the time of execution.