; and (2) the Federal Trade Commission should investigate each claim filed pursuant to the Sports Agent Responsibility and Trust Act ( 15 U.S.C. 7801 et seq. ). 10. Definitions In this Act: (1) Agency contract The term agency contract means an oral or written agreement under which a student athlete authorizes a person to negotiate or solicit an endorsement contract on behalf of the student athlete. (2) Athlete agent The term athlete agent has the meaning given that term in section 2 of the Sports Agent Responsibility and Trust Act ( 15 U.S.C. 7801 ). (3) Covered athletic organization The term covered athletic organization means an athletic association, conference, or other organization with authority over intercollegiate athletics or that administers intercollegiate athletics. (4) Endorsement contract The term endorsement contract has the meaning given such term in section 2 of the Sports Agent Responsibility and Trust Act ( 15 U.S.C. 7801 ). (5) Institution of higher education The term institution of higher education has the meaning given that term in section 101 of the Higher Education Act of 1965 ( 20 U.S.C. 1001 ). (6) Student athlete The term student athlete has the meaning given that term in section 2 of the Sports Agent Responsibility and Trust Act ( 15 U.S.C. 7801 ).