Common use of Director’s Compensation and Related Matters Clause in Contracts

Director’s Compensation and Related Matters. (i) For pictures with budgets greater than $3,750,000 but equal to or less than $5,500,000, Directors, including Second Unit Directors, may be paid discounted salary no less than seventy-five percent (75%) of the applicable minimum salary in Article 3 of the BA. No deferment shall be required. A replacement Director shall be paid not less than 150% of minimum compensation (as set forth herein) for the work performed.

Appears in 2 contracts

Samples: Single Project Agreement, Single Project Agreement

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Director’s Compensation and Related Matters. (i) For pictures with budgets greater than $3,750,000 3,605,000 but equal to or less than $5,500,0007,000,000, Directors, including Second Unit Directors, may be paid discounted salary no less than seventy-five percent (75%) of the applicable minimum salary in Article 3 of the BA. No deferment shall be required. A replacement Director shall be paid not less than 150% of minimum compensation (as set forth herein) for the work performed.

Appears in 1 contract

Samples: Single Project Agreement

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Director’s Compensation and Related Matters. (i) For pictures with budgets greater than $3,750,000 but equal to or less than $5,500,0008,500,000, Directors, including Second Unit Directors, may be paid discounted salary no less than seventy-five percent (75%) of the applicable minimum salary in Article 3 of the BA. No deferment shall be required. A replacement Director shall be paid not less than 150% of minimum compensation (as set forth herein) for the work performed.

Appears in 1 contract

Samples: Single Project Agreement

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