USA Cycling London 100K Challenge USA Cycling is pleased to ...

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USA Cycling London 100K Challenge USA Cycling is pleased to announce the USA Cycling London 100K Challenge, which is a performancebased financial incentive and reward program for U.S. Olympic team members who win an Olympic medal or work in support of a medal winning performance by a teammate. An athlete winning a gold medal in an individual event could earn up to $100,000 from this program. This program is among the richest Olympic athlete financial reward programs offered by any cycling organization in the world. The London 100K Challenge is generously supported by funds from USA Cycling, the U.S. Olympic Committee and the USA Cycling Development Foundation. Because the program combines funding from a variety of sources, certain stipulations will apply as defined below. The London 100K Challenge Award breakdown (per medal – subject to conditions listed below): Olympic Gold Medal

Olympic Silver Medal

Olympic Bronze Medal

2013 USA Cycling Podium Program (or USA Cycling)

25,000.00

25,000.00

25,000.00

2012 USA Cycling OG Podium Bonus Award

15,000.00

10,000.00

5,000.00

USOC Operation Gold Award

25,000.00

15,000.00

10,000.00

USA Cycling Development Foundation Additional Bonus

35,000.00

25,000.00

15,000.00

TOTAL

100,000.00

75,000.00

50,000.00

Funding Mechanisms

London 100K Challenge Award Conditions: 1. The amounts set out above are for individual medalists. Awards for team-event medals (Men’s and Women’s Road Race and Team Pursuit) will be shared among qualifying team-event members as described below. 2. Award money designated as “2013 USA Cycling Podium Program” consists of a stipend that is part of the 2013 USA Cycling Podium Program, except for Men’s Road Race and Time Trial, and a medalist must satisfy all other requirements and conditions of the 2013 USA Cycling Podium Program in order to be awarded this component of the prize. Requirements and conditions can be found at http://www.usacycling.org/forms/selection/PodiumProgram.pdf. Because cyclists in the Men’s Road Race are not eligible for the 2013 Cycling Podium Program, USA Cycling will fund the prize money for this component, which will be divided as set out below. 3. The 2012 USA Cycling OG Podium Bonus, USOC Operation Gold Award and the USA Cycling Development Foundation Bonus will be paid to qualified, eligible athletes in 2012. However, riders who meet the standard for the “2013 USA Cycling Podium Program” will be required to sign a contract and meet the performance requirements prior to and during the 2013 racing

season in order to receive those funds which will be disbursed in 2013 (see Stipulation #2 above). 4. Men’s Road Race. Men’s Road Race medals are awarded to individuals; however the event requires a team effort. As a consequence, prize money for medals will be spilt among those team members who start the race as follows: the individual medalist will receive the USOC Operation Gold and 2012 USA Cycling OG Podium Bonus Award. The remaining award money will be divided evenly among the other team members who start the race. The following additional rules apply: A.

A team member who does not start the race is not eligible for any award money.

B.

In the event more than one cyclist medals, each prize will be awarded as though only that individual medaled.

C.

If only two cyclists start the Men’s Road Race, the medalist and other starter shall split the non-medalist prize money evenly.

D.

If only one cyclist starts and medals, he shall receive all the prize money set out above.

5. Women’s Road Race. Women’s Road Race medals are awarded to individuals; however the event requires a team effort. As a consequence, prize money for medals will be spilt among those team members who start the race as follows: the individual medalist will receive the USOC Operation Gold and 2012-2013 USA Cycling Podium Bonus Award (subject to qualification as described above). The remaining award money will be divided evenly among the other team members who start the race. The following additional rules apply: A.

A team member who does not start the race is not eligible for any award money.

B.

In the event more than one cyclist medals, each prize will be awarded as though only that individual medaled.

C.

If only two cyclists start the Women’s Road Race, the medalist and other starter shall split the non-medalist prize money evenly.

D.

If only one cyclist starts and medals, she shall receive all the prize money set out above (subject to the remaining conditions described herein).

6. The prize money for a medal in the Women’s Team Pursuit will be divided evenly among those cyclists who ride in at least one heat. With respect to prize money funded by the 2013 USA Cycling Podium Program, each individual will be awarded a share of such money only if she qualifies for and participates in the program as described above. 7. Members of the MEN’s Road and Time Trial teams are not eligible to earn the “2013 USA Cycling Podium Program” funding due to commitments to their professional teams. 8. Athletes who win multiple 2012 Olympic Games or 2012 World Championship medals are eligible for a maximum of one “2013 USA Cycling Podium Program” award.

9. Any athlete who wins multiple 2012 Olympic Games medals is eligible for a maximum of one USA Cycling Development Foundation bonus. In this case, the athlete will be eligible for the greater of the two awards. 10. Any rewards earned will be paid subject to organizational funding mechanisms, i.e., they may not be paid as a lump sum. 11. A medal winning rider against whom an investigation was opened in relation to a fact which may cause a breach of the UCI Anti-Doping Rules, will not be eligible, nor any of his or her teammates, to receive a reward until his or her definitive acquittal. In the event of a positive A Sample, this clause applies starting from the notification of the abnormal analysis result to the rider. Unless otherwise decided by the anti-doping commission, the above paragraph is also applicable in the event of an investigation or a procedure regarding such a fact, opened in pursuance of a law or other regulation. 12. If a medal winning athlete is found guilty of a doping violation or other actions that would disqualify the athlete’s or the team’s result, the athlete and/or team will forfeit any reward earned (including any award paid to non-medaling riders). If a result is disqualified or nullified after payment of any rewards earned have been paid, the rider and/or team will be responsible to reimburse to USA Cycling the full amount of any rewards paid.