Section 899-H. Required form of contract

1. An agency contract shall be in
  a record, signed or otherwise authenticated by the parties.
    2. An agency contract shall state or contain:
    (a) 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;
    (b) 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;
    (c) a description of any expenses that the student-athlete  agrees  to
  reimburse;
    (d)   a   description   of   the   services  to  be  provided  to  the
  student-athlete;
    (e) the duration of the contract; and
    (f) the date of execution.
    3. An agency  contract  shall  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 5 DAYS AFTER SIGNING IT.
  CANCELLATION OF THIS CONTRACT MAY NOT REINSTATE YOUR ELIGIBILITY.
    4. 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  shall  not  be  required  to  pay   any
  consideration  under  such  contract  or  to  return  any  consideration
  received from the athlete agent to induce the student-athlete  to  enter
  into the contract.
    5.  The  athlete  agent shall give a record of the signed or otherwise
  authenticated agency contract to the  student-athlete  at  the  time  of
  execution.