applicable Transfer Fee, which is addressed in sub-Section (v) below. 

For the avoidance of doubt, nothing herein shall be construed: 

• To alter or amend the member’s obligation to seek and obtain the WTA’s prior approval for any Tournament transfer according to the Rules; 

• To limit or restrain WTA’s rights to approve, deny, or match a proposed Tournament transfer according to the Rules; or 

• As requiring the WTA to approve any proposed transfer of the membership; 

(iv) Is complete and consummated, including approval by the Board of Directors (if any), prior to the following year’s No Release Deadline; 

(v) Shall be subject to a Transfer Fee calculated at the maximum scheduled Transfer Fee percentage, regardless of the member’s tenure with the WTA; and 

(vi) Stipulates the proposed transferee shall conduct the Tournament in the week on the WTA Calendar in the following Tour Year designated for the Tournament by the Board of Directors. 

In the event any of the preceding six (6) conditions is not met, the membership shall be forfeited. (See Section XII.G.6.b - Tournament Implications.) 

c. Extenuating Circumstances 

Under extenuating circumstances, a member may apply to the Board of Directors for an extension of the deadline in sub-Section b.ii.(c)(iv) above, which application the Board of Directors may accept or reject in its sole and absolute discretion. The Board of Directors may attach conditions to the acceptance of such an application including, without limitation, a requirement that the member pay the Announced Prize Money for the following Tour Year. 

