UCI CYCLING REGULATIONS  Dissolution of a UCI ProTeam  2.16.047 A UCI ProTeam must announce its dissolution or the termination of its activity or its  inability to respect its obligations as soon as possible to the riders, to its other members,  and to the UCI.  2.16.048 A rider who is under contract to a UCI ProTeam may, subject to the conditions set out  below, conclude a contract to ride for another team (UCI WorldTeam, UCI ProTeam or  UCI continental team) in the event that his contract with his current UCI ProTeam is  terminated prematurely for recognised reasons relating to the financial situation of that  UCI ProTeam.  1.  The rider must notify the UCI of the situation of his current UCI ProTeam, of his  particular position and of his intention to seek another team, prior to signing a  contract with that team. The UCI may request information from any interested  party;  2.  The contract between the rider and the other team must contain the following  clause: “The parties confirm that the contract between the rider and his current  UCI ProTeam expires only on .... The paying agent recognises and accepts that  this contract will be respected. The present contract is concluded provisionally  and shall be subject to the premature termination of the contract between the  rider and his current UCI ProTeam on grounds previously authorised by the  UCI”;  3.  The contract with the new team shall be lodged with the UCI. Should more than  one contract be deposited by the same rider, only the first contract deposited  shall be recognised, unless the parties to that contract mutually agree  otherwise;  4.  Before terminating his contract with his current UCI ProTeam, the rider must  have the grounds for such termination authorised by the UCI. The recognition  of the grounds shall stand as authorisation to the rider to move to the second  team as soon as the contract with his current UCI ProTeam is terminated;  5.  The transfer to the second team shall be at the risk of the rider and that team  alone: the recognition of the grounds by the UCI or the refusal to recognise such  grounds shall not give rise to any claim against the UCI;  6.  Should the rider transfer to the other team without fulfilling the conditions above,  the penalties provided in articles 2.16.050 and 2.16.051 shall apply.  2.16.049 Should a UCI ProTeam, as a whole, fail or cease to meet all the conditions of the present  chapter, the UCI administration shall refer the case to the licence commission which will  start proceedings according to article 2.15.040 ff.  Penalties  (text modified on 20.10.05; 1.01.15).  (text modified on 1.07.10 ; 1.11.15).  (text modified on 20.10.05).  Once this announcement has been made, riders shall be fully entitled to contract with a  third party for the following season or for the period starting at the moment announced  for the dissolution, the termination of activities or the inability to perform.  E170421  ROAD RACES  263 