Non-Member Equalization Payments Sample Clauses
The Non-Member Equalization Payments clause establishes a mechanism for compensating individuals or entities who are not formal members of a group or organization but are entitled to receive payments to ensure fairness or parity. Typically, this clause applies in situations where profits, distributions, or other financial benefits are allocated among members, and non-members have a contractual right to receive an equivalent or proportionate share. By specifying how and when these payments are made, the clause ensures that non-members are treated equitably, preventing disputes and maintaining balance among all parties with a financial interest.
Non-Member Equalization Payments. (a) In order to equalize the payments and deductions in respect of Members of the Guild and non-Members, and in lieu of a health contribution, the Producer shall contribute a percentage, based on the applicable tier level of the Production, as set out in each District Council Schedule, of the Gross Remuneration paid to each non- Member Permittee and remit the non-Member equalization payment directly to the District Council every two (2) weeks.
(b) In circumstances where a Producer is paying into an alternate plan, no non-Member equalization payment(s) shall be required to be paid under Core Article 7.11.
Non-Member Equalization Payments. (a) In order to equalize the payments and deductions in respect of Members of the Guild and non-Members, and in lieu of a health contribution, the Producer shall contribute a percentage, based on the applicable tier level of the Production, as set out in each District Council Schedule, of the Gross Remuneration paid to each non-Member Permittee and remit the non-Member equalization payment directly to the District Council every two (2) weeks.
(b) In circumstances where a Producer or a non-Member Permittee is paying into an alternate plan no non-Member equalization payment(s) shall be required to be paid under this article.