; or (2) provide or arrange compensation for the student athlete for the use of the name, image, or likeness of the student or for participation in intercollegiate athletics. 6. Transparency (a) Student athletes Not later than 30 days after entering into a name, image, or likeness contract, a student athlete shall disclose to the institution of higher education at which the student athlete is enrolled— (1) the existence of the contract; (2) the names of the parties to the contract; (3) the scope of work to be performed by the student athlete under the contract and the corresponding timeline for such work; (4) the compensation to be provided to the student athlete; and (5) the duration of the contract. (b) Agents An agent representing a student athlete with respect to a name, image, or likeness contract shall— (1) register with the Federal Trade Commission; and (2) disclose to the Federal Trade Commission— (A) the fee and compensation structure of the agent; (B) the scope of work to be performed by the agent; and (C) the duration of the contract. (c) Third parties Each third party shall— (1) register with the Federal Trade Commission; and (2) disclose to the Federal Trade Commission and to each institution of higher education that is a party to a written contract with the third party— (A) the existence of the contract; (B) the names of the parties to the contract; (C) the scope of work to be performed by the student athlete under the contract and the corresponding timeline for such work; (D) the compensation to be provided to the student athlete; and (E) the duration of the contract. (d) Individuals and boosters Any individual or booster seeking to enter into a name, image, or likeness contract shall— (1) register with the Federal Trade Commission; and (2) not later than 7 days before the date on which a name, image, or likeness contract is executed, disclose to the Federal Trade Commission— (A) the existence of the contract; (B) the names of the parties to the contract