Common use of Director Share Clause in Contracts

Director Share. Author agrees that the director may share in up to a maximum of 5% of Author’s subsidiary rights income; provided, that in such event, the director’s share shall be deducted off-the-top of such subsidiary rights income prior to the calculation of Producer’s share thereof. 13. Agency Clause. As annexed on Exhibit A, incorporated herein. 14.

Director Share. Author agrees that the director may share in up to a maximum of 5% of Author’s subsidiary rights income; provided, that in such event, the director’s share shall be deducted off-the-top of such subsidiary rights income prior to the calculation of Producer’s share thereof. 13. Agency Clause. As annexed on Exhibit A, incorporated herein. 14.