(c) Procedures in the Event of a Shortfall. In the event of a Shortfall in a
League Year, the entire amount of funds in the Escrow Account shall be released to the
Clubs for payment to the Players, in the amount of each Player's escrow account, net of
applicable payroll taxes. In addition, in order to ensure that, in the aggregate, the Players'
Share has been spent on League-wide Player Compensation, each Player shall also
receive, pro rata to his actual Player Salary and Bonuses, supplemental payments from
each Club, net of applicable payroll taxes. The funds for such supplemental payments
shall be raised collectively from the Clubs, with each Club contributing an amount in the
proportion that its individual Actual Club Salary is to the aggregated Actual Club Salaries
in that League Year. The Clubs shall not be jointly and severally liable for the
supplemental payments for which each is responsible, but the NHL will make the
payment(s) in the event any Club fails to timely make such supplemental payment(s).
For any League Year in which there is a Shortfall, the Clubs shall receive the payments
referred to in the first sentence of this paragraph out of the Escrow Account as soon as
practicable following the Escrow Agent's receipt of the Notice, as set forth in paragraph
(b)(iii) above, for that League Year. The Clubs shall remit such payments to the Players,
and shall also remit the supplemental payments to the Players, no later than 15 days
thereafter. With respect to any such payments made to the Players pursuant to this
subsection (c), the NHLPA shall provide a written certification confirming that any
disbursements paid to the Players out of the Escrow Account were correct in amount.