Rules and Regulations of the International Boxing Association and Participation Agreement

Date of adoption: August 15, 2017

This Agreement 1s entered into effective this __________ day of 20__ between__________
(hereinafter “Fighter”) and International Boxing Association, INC. (hereinafter “IBA”).

Recitals

The IBA was formed to advance the sport of professional boxing in the United States and around the world. It is the goal of the IBA to recognize and supervise the administration of championship fights that benefit the boxers involved, appeal to the boxing fan, and are attractive  to boxing promoters.

To achieve these goals the IBA .intends to provide to the boxing public intriguing Matches featuring fighting champions who  defend their titles. Moreover, challengers to IBA titles are not chosen based on their world ranking, which may or may not be deserved. Rather, the right to challenge for a title is awarded to fighters who deserve, based on their boxing accomplishments an opportunity to contend for a title.

In addition, the IBA intends to be a “fan friendly” sanctioning body and consequently will not tolerate any conduct which impinges on the integrity or image of boxing or the IBA.

Agreement

In furtherance of the above stated goals and in consideration of the right to participate in IBA sanctioned matches, the Fighter agrees as follows:

1. If Fighter is the holder of an IBA title, he must defend that title at least once every 180 days unless:

A. Fighter has a legitimate medical excuse, substantiated by a medical physician, for his inability to defend his title within the time prescribed above or

B.  Fighter obtains the express written permission to extend the period for defense of his title from the President of the IBA, J.C. Courreges.

  1. Fighter must participate in any matches that are deemed by the championship committee of the IBA or  the President of the IBA to be an enhancement to both the IBA and the Fighter,  unlessA. Fighter has a legitimate medical excuse substantiated by a licensed physician, for his inability to participate in the above described matches orB. Fighter is expressly excused from participating in the  above described matches in writing by the President of the IBA, J.C. Courreges.
  2. All title challengers must be approved by the ratings chairman of the IBA.
  3. The IBA may revoke any IBA title held by Fighter for failure to comply with Sections   1, 2, or 3 above.
  4. The IBA may revoke any IBA title held by the fighter if fighter engages in conduct detrimental to the sport of boxing or the IBA.
  5. If a title is vacant for any reason, the IBA may approve 2 challengers to compete for the championship.
  6. The fees for IBA title fights as of the date of this agreement are as follows:

    A. World Title

    I. Champion – 3% of Purse or $1500.00, Which ever one is greater.
    II. Challenger – 3% of Purse or $1000.00 Which ever one is greater.
    III. Belt/Case $600.00
    IV. Supervisor $500.00
    V. Referee $1750.00
    VI. Judges (each) $1250.00
    VII. Promoter’s Sanctioning Fee $2500.00

    B. Intercontinental Belt

    I. Champion – 3% of Purse or $300.00, Which ever one is greater.
    II. Challenger – 3% of Purse or $200.00 Which ever one is greater.
    III. Belt/Case $600.00
    IV. Supervisor $500.00
    V. Referee $300.00
    VI. Judges (each) $200
    VII. Promoter’s Sanctioning Fee $1000

    C. Americas Belt

    I. Champion – 3% of Purse or $200.00, Which ever one is greater.
    II. Challenger – 3% of Purse or $100.00 Which ever one is greater.
    III. Belt/Case $600.00
    IV. Supervisor $500.00
    V. Referee $300.00
    VI. Judges (each) $200
    VII. Promoter’s Sanctioning Fee $1000

    Fees are payable to the International Boxing Association, INC, at least 10 days before the date of the title match.

  7. The above clauses constitute the rules and regulations of the IBA. The IBA reserves the right to modify or create exceptions to the rules and regulations without notice. In addition to the rules stated herein, the IBA and Fighter will make every effort to conform to the rules and regulations of the local state or national boxing commission, under whose supervision each individual bout may take place.
  8. Fighter has not relied on any promises or statements which are not reflected in this agreement.
  9. The laws of the State of New Jersey will govern the Agreement and any dispute arising out of the Agreement.

This agreements executed by the parties hereto as of the data set forth in the first paragraph hereof.