12.2.4.1 Exception -- Before Initial Full-Time Collegiate Enrollment. Before initial full-time collegiate enrollment, an individual may enter into an agreement to compete on a professional team (per Bylaw 12.02.4), provided the agreement does not guarantee or promise payment (at any time) in excess of actual and necessary expenses to participate on the team. (Adopted: 4/29/10 effective 8/1/10 applicable to student-athletes who initially enroll full time in a collegiate institution on or after 8/1/10, Revised: 11/7/24 effective 8/1/25, 6/6/25 effective 7/1/25)