(a) An agent contract must be in writing, state the fees and percentages to be paid by the athlete to the athlete agent, and have a notice printed near the athlete's signature containing the following statement in ten-point boldface type:

"NOTICE TO THE ATHLETE: WHEN YOU SIGN THIS CONTRACT, YOU WILL LIKELY IMMEDIATELY LOSE YOUR ELIGIBILITY TO COMPETE IN INTERCOLLEGIATE ATHLETICS. DO NOT SIGN THIS CONTRACT UNTIL YOU HAVE READ IT AND FILLED IN ANY BLANK SPACES. YOU MAY CANCEL THIS CONTRACT BY NOTIFYING THE ATHLETE AGENT IN WRITING OF YOUR DESIRE TO CANCEL NOT LATER THAN THE FIFTEENTH DAY AFTER THE DATE YOU SIGN THIS CONTRACT. HOWEVER, EVEN IF YOU CANCEL THIS CONTRACT, THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION OR THE CONFERENCE TO WHICH YOUR COLLEGE OR UNIVERSITY BELONGS MAY NOT RESTORE YOUR ELIGIBILITY TO PARTICIPATE IN INTERCOLLEGIATE ATHLETICS."

(b) An agent contract which does not meet the requirements of this Code section is void and unenforceable.

(c) The athlete shall have the right to rescind an agent contract by giving written notice to the athlete agent of the athlete's rescission of the contract within 15 days after the date on which the agent signs the contract. The athlete may not under any circumstances waive the athlete's right to rescind the agent contract.

(d) A postdated agent contract is void and unenforceable.

(e) An athlete agent shall not enter into an agent contract that purports to take effect or takes effect at a future time after the athlete no longer has remaining eligibility to participate in intercollegiate athletics. Such a contract is void and unenforceable.