TEPP Explained

Employment Contracts & Remuneration –

TEPP negotiates all employment and retainer contracts with the ECB, including all employment terms and conditions as well as the principles on how players’ remuneration is calculated.

ANNUAL CENTRAL CONTRACTS

At the beginning of October in each year the ECB may award up to twenty 12-month central contracts to players expected to play a major role for England across any or all formats of the international game over the year ahead. For centrally contracted players, an England retainer payment (and pension contribution) replaces the County salary, but the relevant County retains each player’s registration. Annual Central Contracts are awarded on a performance ratings points system; each player will be awarded rating points based on the likelihood of him featuring in the squads and teams for each format in which a player is expected to participate. In determining the number of rating points a player will be awarded, performance data and information provided by ECB performance staff will be utilised. In addition, a small number of rating points will be awarded for each player’s fitness. Further details of this system for the awarding of Annual Central Contracts are set out in the Conditions of Employment.

INCREMENT CONTRACTS

England Increment Contracts are also awarded in October to those players who are expected to play a role for England. Players awarded increment contracts will continue to receive their County salary, with a top-up payment (paid monthly by your County) funded by ECB.

ENGLAND PACE BOWLING DEVELOPMENT (EPBD) CONTRACTS

EPBD Contracts have been introduced with a view to enhancing the number of international quality fast bowlers that will be available to England. The award of an EPBD Contract is based on a player having been identified as having exceptional potential as a fast bowler. The player’s County will pay the Player a reduced salary and the ECB will pay the player an additional monthly increment that more than offsets the reduction in the player’s County salary.

ODI/T20 SERIES CONTRACTS, TOUR CONTRACTS, ICC EVENTS

All players who are selected for England (including those on central, increment and EPBD contracts), other than for a home Test match, will be contracted and paid a separate fee for a full ODI or T20 series (whether home or overseas), an ICC Event or a Test Tour, the fee being based on the number and type of match to be played in the series or ICC Event.

OTHER PAYMENTS

In addition to the retainers paid in relation to the contracts referred to on the previous page, players selected to play for England in international matches will, irrespective of their contract status, receive: • Match fees (home Test matches only) • Match and series win bonuses (with the series bonus being determined by who the opposition is, and the number of matches in the series) • Prize money (ICC events only)

WHO PAYS YOU WHAT?

You are paid salaries and match fees via your employer – this will be the ECB if you are on an Annual Central Contract, or your County if you are on any other type of England Contract. Win bonuses and prize money are paid by TEPP, who makes appropriate PAYE deductions before making the payment to each player.

INSURANCES

TEPP has ensured that the ECB will maintain the following insurance throughout the England contract period for each player: Life Assurance and Critical Illness; Permanent Total Disablement (from any and every gainful employment and from playing professional cricket); Temporary Total Disablement; and Personal Accident and Sickness.

INSURANCE POLICY DETAILS

INDIVIDUAL TOP UPS

Players may increase their total disablement cover with individual top-ups. Cost and cover is dependent on age.

HEALTHCARE

All injuries or medical conditions, regardless of whether they occur in a cricket environment, are covered by the ECB Healthtrust. All members of TEPP have medical cover provided under the ECB Healthtrust programme, overseen by the PCA. All claims will be processed by the ECB Chief Medical Officer and the Trust’s administrator, Health Partners. Players’ partners or children can also be covered by the Health trust upon request.

HOW TO MAKE A CLAIM

If you or your registered dependants need to make a claim or want to ask any questions about your cover you can contact Health Partners directly. You can reach them on 0870 224 7774 or claims@cricket-med.com and their experienced team will provide the best and most immediate response. Please note the different levels of cover for player/dependant and cricket/non-cricket related claims as stated in the Handbook; Health Partners will be able to advise on eligibility and the appropriate pathway for any issue, so please do contact them with any enquiry.

THE ECB HEALTHCARE TRUST HANDBOOK

Financial Distribution –

TEPP oversees and distributes additional payments that are made to players for playing for England including prize money from ICC events and bonuses for winning England matches and series. This does not include salaries, tour fees or match fees, which are paid by the ECB or via your county. The distribution of commercial monies (including fees for appearances for sponsors and the ECB) and Partnership profits is also managed by TEPP.

TEPP WILL DISTRIBUTE THE FOLLOWING IN ACCORDANCE WITH THE PROVISIONS OF THE TEPP PARTNERSHIP DEED

• Team Bonuses for winning matches and series are distributed by TEPP between players in the relevant winning teams and squads on a pro rata basis, dependent on the number of games played and won; and • Commercial revenue, from the

Commercial MOU, licensing income and other generated revenues.

ADMINISTRATION & ACCOUNTS

All financial administrative functions of the partnership are undertaken by Dyke Yaxley Limited, TEPP’s accountants.

Annual Accounts will be prepared following the end of the Partnership accounting year (being 5 April) and will show the total monies received by the Partnership from the various sources and the various costs incurred. The difference is the total profit which is distributed to the partners based on: • Type of contract held with ECB • Playing appearances for England • Commercial activity undertaken

Commercial monies can be paid either directly to a player, or to an IRC if your commercial rights have been assigned to the IRC and the required paperwork has been completed alongside the TEPP Partnership Deed or Deed of Adherence.

TAX

Where commercial revenues are paid directly to a player, you must be aware of the tax position as members of the TEPP, including: • Tax is due on an England player’s share of the profits • TEPP will hold back the estimated higher rate of tax on your share of the profits • At the appropriate time the Partnership will release to you the appropriate sum to cover your tax obligation