Forfeitable Breach. Any player who ....
(iv) voluntarily retires (collectively, any "Forfeitable
Breach") may be required to forfeit signing bonus, roster bonus, option bonus and/or
reporting bonus, and no other Salary, for each League Year in which a Forfeitable
Breach occurs (collectively, "Forfeitable Salary Allocations"), as set forth below:
.....
(vi) Retirement. Should a Forfeitable Breach occur due to player's retirement,
a Club may demand repayment of all Forfeitable Salary Allocations attributable to
the proportionate amount, if any, for the present year and the Forfeitable Salary Allocations
for future years. If the player fails to repay such amounts, then the Club may seek
an award from the System Arbitrator pursuant to Article 1 5, for repayment of all Forfeitable
Salary Allocations attributable to present and future years . Repayment of Forfeitable
Salary Allocations attributable to future League Years must be made by June 1 st of each
League Year for which each Forfeitable Salary Allocation is attributable. If the player
returns to play for the Club in the subsequent season, then the Club must either (a) take
the player back under his existing contract with no forfeiture of the remaining Forfeitable
Salary Allocations, or (b) release the player and seek repayment of any remaining
Forfeitable Salary Allocations for future League Years.