Common use of Percentage Payment Clause in Contracts

Percentage Payment. Employer shall pay additional compensation of one and two-tenths percent (1.2%) of the Employer's accountable receipts from the distribution of Such Program. Such payment is to be divided as follows: one-half (½) of such amount to be paid to the Director; one-third (a) of such amount to be paid to the Directors Guild of America–Producer Pension Plan (herein referred to as the "Pension Plan"); and a pro rata share of one-sixth (1/6) of such amount to be paid to the Associate Director and Stage Manager employed on such program (such portion of such one-sixth (1/6) pro rata share to be based upon their respective minimum schedule wage rate hereunder). If more than one Director, Associate Director or Stage Manager renders services in connection with Such Program, the allocations of their respective portion of the pro rata shares shall be determined by the Guild and the Employees shall be bound by such determination.

Percentage Payment. Employer shall pay additional compensation of one and two-tenths percent (1.2%) of the Employer's accountable receipts from the distribution of Such Program. Such payment is to be divided as follows: one-half (½) of such amount to be paid to the Director; one-third (a) of such amount to be paid to the Directors Guild of America–Producer Pension Plan (herein referred to as the "" Pension Plan"); and a pro rata share of one-sixth (1/6) of such amount to be paid to the Associate Director and Stage Manager employed on such program (such portion of such one-sixth (1/6) pro rata share to be based upon their respective minimum schedule wage rate hereunder). If more than one Director, Associate Director or Stage Manager renders services in connection with Such Program, the allocations of their respective portion of the pro rata shares shall be determined by the Guild and the Employees shall be bound by such determination.