a clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration; "the reserve clause was used to bind players to a particular ball club"
The reserve clause is a term formerly employed in North American professional sports contracts. The reserve clause, contained in all standard player contracts, stated that, upon the contract's expiration the rights to the player were to be retained by the team to which he had been signed.
例句与用法
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Therefore , the experience and lessons of other countries " treaty practices in eliminating any contradictions between their cfc legislations and tax treaties show that it is necessary to incorporate a specific reserving clause in the tax treaty or to include a treaty - overriding provision in the cfc legislations 因此,借鉴有关国家的条约实践,为排除cfc立法与税收协定相冲突的任何意见,在税收协定中加入特别的保留条款,或者在cfc立法中加入特定的条约超越条款是绝对有必要的。