Philadelphia ? Whatever else happens in the continuing saga of Allen Iverson, one thing is virtually certain:

At some point, he faces a meeting with NBA commissioner David Stern.

But the remaining portion of the All-Star guard’s contract -$40.5 million in the next three seasons appears relatively safe.

Despite a published report citing anonymous sources saying the contract would not be guaranteed if he were convicted of a violent felony, that is not the case.

Here’s what is known, based on a conversation between the Philadelphia Daily News and a league official:

Iverson’s contract, in this situation, could be voided only if the Sixers waived him, a step that almost certainly will not be taken.

Iverson is scheduled to earn $12.375 million, $13.5 million and $14.625 million, respectively, in the next three seasons.

The mandated automatic minimum penalty for a player convicted of a violent felony is 10 games without pay. Any additional penalty would come at the commissioner’s discretion.

A player in Iverson’s situation would not meet with the commissioner until after the disposition of the case.

A standard contract includes seven clauses covering conduct and seven more covering conditions of termination.

The conduct clauses include items such as loyalty, honesty citizenship, sportsmanship and activities that are “materially detrimental or materially prejudicial” to the team or NBA’s best interest.

The team may terminate a contract upon written notice to the player if, among other things, the player refuses, fails or neglects to conform to standards of good citizenship, good moral character (whether or not such acts would constitute a crime) and good sportsmanship.

Another reason for termination is if the player commits “a significant and inexcusable physical attack” against any team official or employee, other than another player, or anyone attending an NBA game or event, depending on such circumstances as any provocation that might have led to the attack, the player’s state of mind, and the extent of the attack and any injury.

Any disputes about terms of a contract are resolved in the collectively bargained grievance process.

A few players have had clauses inserted in their contracts overriding the personal conduct clauses. Active players with such a clause are thought to include Shaquille O’Neal and Gary Payton.