FINANCIAL SECTION XIV - PRIZE MONEY FORMULA d.  A Tournament shall pay any fine(s) levied under Sections XIV.B.10.a-c  above in accordance with Section XVIII.A.47.b.iv. A Tournament may  appeal any fine(s) or other sanction(s) levied under Sections XIV.B.10.a-c  above in accordance with Section XVIII.A.47. e.  In addition to any sanctions under Sections XIV.B.10.a-c above, any willful  noncompliance with the terms of the PMF is grounds for disqualification  under and in accordance with Section XII.H.1. 11. Expiration Notwithstanding anything to the contrary in this Section XIV or any other  provision of this Rulebook, all of the provisions of this Section XIV.B shall be  applicable for the 2021 Tour Year and automatically extend for additional Tour  Years subject to this Section XIV.B.11. No later than January 31 of any Tour Year either the Player Board Representatives  or the Tournament Board Representatives may submit a request to the CEO for  a meeting between the Player Board Representatives and the Tournament  Board Representatives to discuss whether to terminate the provisions of this  Section XIV.B following the end of such Tour Year. Following such meeting,  either (a) a majority of the Player Board Representatives or (b) a majority  of the Tournament Board Representatives may each elect to terminate the  provisions of this Section XIV.B by giving written notice to the other members  of the Board of Directors not later than May 31 of such Tour Year. In the  event such a termination notice is given, the provisions of this Section XIV.B  shall remain effective notwithstanding such notice through the end of the  Tour Year in which such notice is given and such termination shall become  effective on the start of the immediately following Tour Year. However, unless  a termination notice is delivered by May 31 of any Tour Year, this Section XIV.B  shall automatically be extended and shall remain in effect for the entirety of  the following Tour Year (in which case, the guaranteed minimum amounts  in Section XIV.B will be increased for each successive Tour Year in the same  proportion as the prior increases in such amounts). For the 2021 Tour Year, each WTA 250 Tournament must pay MPC of at  least $300,000. Beginning with the 2022 Tour Year, the MPC for WTA 250  Tournaments increases by three percent (3%) each Tour Year (rounded to the  nearest $1,000). The Board of Directors may, in its sole discretion, mandate  MPC increases for WTA 250 Tournaments for the 2021 Tour Year. C.  WTA 250 TOURNAMENTS 1.  Minimum Player Compensation 264