BY AUSTIN KENT JUNE 21, 2019
https://www.slamonline.com/nba/cba-explained-exhibit-10-contracts/
Exhibit 10 attachments allow players to earn a bonus of $5,000 to $50,000 in the event that they are waived by the NBA team, then sign a deal with that franchise’s G League affiliate* and remain with that affiliate team for 60 days.
This bonus $5,000 – $50,000 bonus, which does not count against the NBA salary cap, is in addition to the G League salary the player would also collect in this particular scenario. If a player’s Exhibit 10 contract is converted to a two-way deal, the Exhibit 10 bonus converts to guaranteed salary.
NBA teams may have no more than six players with Exhibit 10 attachments in their contracts on their roster at any given time and these contracts may not be extended or renegotiated.
Fall's NBA Exhibit 10 contract explained
Michael Luciano 6/21/2019
https://www.msn.com/en-us/sports/nba/falls-nba-exhibit-10-contract-explained/ar-AADeKlc
An Exhibit 10 contract is a one-year deal worth the minimum salary that guarantees the player will receive a camp invite. Fall, for instance, can either have his Exhibit 10 converted into a two-way contract, or will be waived.
If he is waived, the player will be offered $50,000 to sign with the G League affiliate of whomever waved them. Provided he stays on the roster for 60 days, he will earn that $50,000 bonus. The Exhibit 10 contract was created to incentivize players to stay in the G League as opposed to going abroad.
A team can’t carry more than six Exhibit 10 contracts at a time, and an Exhibit 10 contract can only be converted to a two-way deal before the regular season begins.
Even though an Exhibit 10 contract that gets converted to a two-way deal can later also turn into a standard NBA contract, it won't count against an NBA team's salary cap.
83. Can a Two-Way player be converted to a regular NBA player? Can a regular NBA player be converted to a Two-Way player? What is Exhibit 10?
http://www.cbafaq.com/salarycap.htm#Q83
Other rules related to Exhibit 10:
A team can have no more than six contracts that contain an Exhibit 10 in effect at any time.
A contract must be converted to a Two-Way contract prior to the start of the regular season (including during the July Moratorium).
A contract can have both an Exhibit 9 (limiting the team's liability in the event he is injured (see question number 70) and an Exhibit 10. If the contract is converted to a Two-Way contract, the Exhibit 9 becomes null and void.
A standard NBA contract with an Exhibit 10 that is converted to a Two-Way contract can later be converted back to a standard NBA contract.
If a second round draft pick signs his required tender (a contract offer the team submits in order to retain the player's draft rights) and is later waived, that team is the only team that can convert the player to a Two-Way player for the remainder of that season.
Exhibit 10 bonuses are not counted as Team Salary (see question number 13), but they are included in league-wide total salaries (see question number 15).