Common use of 205 UPM/Producer Clause in Contracts

205 UPM/Producer. Employer shall make pension and health contributions on behalf of any Unit Production Manager who is also employed as a producer based on the salary paid for Unit Production Manager services, but in no event shall contributions be made on an amount less than the total salary paid for all services on the Picture, or $100,000, whichever is less. In the event the salary for Unit Production Manager services only exceeds $100,000, Employer shall pay contributions on the actual Unit Production Manager salary. This provision shall not apply to a Unit Production Manager who is also a “Principal” of the Employer, as defined below. If a Director is a “Principal” of the Employer as defined below, then the Director’s salary for purposes of pension and health contributions shall be the lesser of 2% of the Budget of the Picture or the Director’s actual salary. If a Unit Production Manager or Assistant Director is a "Principal" of the Employer as defined below, then any such Unit Production Manager’s or Assistant Director’s compensation for the purposes of pension and health contributions will be based on the lesser of the actual salary or the applicable salary level at Xxxxx 0x, as defined herein. For example, if a Unit Production Manager on a Level 1a film is paid an amount that exceeds the Level 1b salary for a Unit Production Manager, the contributions shall be paid on an amount equivalent to the Level 1b Unit Production Manager salary. A Principal is defined as an individual who owns, or whose spouse, parent, sibling or lineal descendent owns, directly or indirectly, ten percent (10%) or more of the equity of the Employer (the “Principal”).

Appears in 2 contracts

Samples: Single Project Agreement, Single Project Agreement

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205 UPM/Producer. Employer shall make pension and health contributions on behalf of any Unit Production Manager who is also employed as a producer based on the salary paid for Unit Production Manager services, but in no event shall contributions be made on an amount less than the total salary paid for all services on the Picture, or $100,000, whichever is less. In the event the salary for Unit Production Manager services only exceeds $100,000, Employer shall pay contributions on the actual Unit Production Manager salary. This provision shall not apply to a Unit Production Manager who is also a “Principal” of the Employer, as defined below. If a Director is a “Principal” of the Employer as defined below, then the Director’s salary for purposes of pension and health contributions shall be the lesser of 2% of the Budget of the Picture or the Director’s actual salary. If a Unit Production Manager or Assistant Director is a "Principal" of the Employer as defined below, then any such Unit Production Manager’s or Assistant Director’s compensation for the purposes of pension and health contributions will be based on the lesser of the actual salary or the applicable salary level at Xxxxx 0xLevel 2, as defined herein. For example, if a Unit Production Manager on a Level 1a 1b film is paid an amount that exceeds the Level 1b 2 salary for a Unit Production Manager, the contributions shall be paid on an amount equivalent to the Level 1b 2 Unit Production Manager salary. A Principal is defined as an individual who owns, or whose spouse, parent, sibling or lineal descendent owns, directly or indirectly, ten percent (10%) or more of the equity of the Employer (the “Principal”).

Appears in 2 contracts

Samples: Single Project Agreement, Single Project Agreement

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205 UPM/Producer. Employer shall make pension and health contributions on behalf of any Unit Production Manager who is also employed as a producer based on the salary paid for Unit Production Manager services, but in no event shall contributions be made on an amount less than the total salary paid for all services on the Picture, or $100,000, whichever is less. In the event the salary for Unit Production Manager services only exceeds $100,000, Employer shall pay contributions on the actual Unit Production Manager salary. This provision shall not apply to a Unit Production Manager who is also a “Principal” of the Employer, as defined below. If a Director is a “Principal” of the Employer as defined below, then the Director’s salary for purposes of pension and health contributions shall be the lesser of 2% of the Budget of the Picture or the Director’s actual salary. If a Unit Production Manager or Assistant Director is a "Principal" of the Employer as defined below, then any such Unit Production Manager’s or Assistant Director’s compensation for the purposes of pension and health contributions will be based on the lesser of the actual salary or the applicable salary level at Xxxxx 0xLevel 3, as defined herein. For example, if a Unit Production Manager on a Level 1a 2 film is paid an amount that exceeds the Level 1b 3 salary for a Unit Production Manager, the contributions shall be paid on an amount equivalent to the Level 1b 3 Unit Production Manager salary. A Principal is defined as an individual who owns, or whose spouse, parent, sibling or lineal descendent owns, directly or indirectly, ten percent (10%) or more of the equity of the Employer (the “Principal”).

Appears in 2 contracts

Samples: Single Project Agreement, Single Project Agreement

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