NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more 20% of principal *Subject to a minimum fee of $50.00 (b) The parties agree to study the question of a late payment penalty in the event an Employer does not make payment of monies due under this Appendix within thirty (30) days of completion of the production. (c) The Employer agrees to comply with all applicable federal and state labor laws, including the New York State labor law (Section 191.1.d) which requires that all wages must be paid not less frequently than semi-monthly, on regular paydays designated in advance by the Employer.
Appears in 3 contracts
Samples: Independent Commercial Production Agreement, Independent Commercial Production Agreement, Independent Commercial Production Agreement
NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys attorneys’ fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount .Amount of Principal Due Fee Due. .Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more more… 20% of principal *Subject to a minimum fee of $50.00
(b) The parties agree to study the question of a late payment penalty in the event an Employer does not make payment of monies due under this Appendix within thirty (30) days of completion of the production.
(c) The Employer agrees to comply with all applicable federal and state labor laws, including the New York State labor law (Section 191.1.d) which requires that all wages must be paid not less frequently than semi-monthly, on regular paydays designated in advance by the Employer.
Appears in 3 contracts
Samples: Commercial Production Agreement, Commercial Production Agreement, Commercial Production Agreement
NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys fees in accordance with wit the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more more… 20% of principal *Subject to a minimum fee of $50.00
(b) The parties agree to study the question of a late payment penalty in the event an Employer does not make payment of monies due under this Appendix within thirty (30) days of completion of the production.
(c) The Employer agrees to comply with all applicable federal and state labor laws, including the New York State labor law (Section 191.1.d) which requires that all wages must be paid not less frequently than semi-monthly, on regular paydays designated in advance by the Employer.
Appears in 1 contract
Samples: Commercial Production Agreement
NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys attorneys’ fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more 20% of principal *Subject to a minimum fee of $50.00
(b) The parties agree to study the question of a late payment penalty in the event an Employer does not make payment of monies due under this Appendix within thirty (30) days of completion of the production.
(c) The Employer agrees to comply with all applicable federal and state labor laws, including the New York State labor law (Section 191.1.d) which requires that all wages must be paid not less frequently than semi-monthly, on regular paydays designated in advance by the Employer.
Appears in 1 contract
Samples: Commercial Production Agreement