INTRODUCTION I. INTRODUCTION A. DESCRIPTION B. ADMINISTRATION The Women’s Tennis Association (“WTA”) is an international award competition  open to all women tennis players. The tournaments comprising the WTA (“WTA Tournaments”) are connected by  a points system in which players earn ranking points based on a tournament’s  category and the player’s performance. The WTA is administered and governed by the WTA Tour, Inc. (“WTA Tour” or  “WTA”), a US registered corporation whose members are the players, its recognized  WTA 1000, WTA 500, and WTA 250 Tournaments worldwide, and the International  Tennis Federation (“ITF”). The Chief Executive Officer (“CEO”) of the WTA Tour is  responsible for the day-to-day operations of the WTA. The Board of Directors of  the WTA Tour is comprised of three (3) Player Board Representatives, three (3)  Tournament Board Representatives, one (1) ITF Board Representative, and the  CEO. The Board of Directors is responsible for establishing the long-term strategic  plan for the WTA. Alternate Board Representatives for each member class may also  attend Board of Directors meetings as determined by the CEO. In accordance with the rules (“Rules”) set forth in this WTA Official Rulebook  (“Rulebook”), as amended from time to time and updated online at www. wtatennis.com/wta-rules, the WTA Tour selects and schedules WTA Tournaments  and is responsible for the resolution of any matter of dispute pertaining to the  WTA, including imposition of penalties on players, WTA Tournaments, tournament  officials, player relatives and representatives, coaches, and other credentialed  persons. The ITF Rules of Tennis shall apply to all WTA Tournaments except as amended  by the Rules. An excerpt of the ITF Rules of Tennis is set forth in Appendix K. For  the complete and current ITF Rules of Tennis, please visit www.itftennis.com/en/ about-us/governance/rules-and-regulations/.  C. RULES The Rules may be altered, amended, or repealed by the WTA pursuant to the WTA  By-Laws. Capitalized terms have the meanings set forth in this Rulebook, including  Section VII.C – Clothing and Equipment, Section XIV – Prize Money Formula, Section  VIII – WTA Ranking System, Section X – Age Eligibility and Player Development,  Section XVII - Code of Conduct, Section XVIII – Standards, and Appendix J - Glossary.  The headings and titles to the Sections contained herein are inserted solely for  convenience purposes and shall not affect the meaning or construction of the Rules. 5