Common use of RECOGNITION PAYMENT Clause in Contracts

RECOGNITION PAYMENT. Formula: For each performance, beginning with the first performance of the extended activity, calculate one-eighth (1/8) of thirty (30%) percent of either the original prorated contractual weekly fee or the stage’s prorated category minimum weekly fee, whichever is greater. Example: Director negotiated an $18,000 fee at a category “B” stage for 6 weeks of employment. Choose the greater of the following two: Original Prorated Contractual Wkly Fee: $18,000 ÷ 6 = $3000 Stage’s Prorated Category Minimum Wkly Fee: $14427 ÷ 5 = $2885 Calculate as follows: $3000 x 30% = $900 ÷ 8 = $113 RECOGNITION PAYMENT = $113 for each performance See Article X for Pension and Health requirements on recognition payments.

RECOGNITION PAYMENT. Formula: For each performance, beginning with the first performance of the extended activity, calculate one-eighth (1/8) of thirty (30%) percent of either the original prorated contractual weekly fee or the stage’s prorated category minimum weekly fee, whichever is greater. Example: Director negotiated an $18,000 fee at a category “B” stage for 6 weeks of employment. Choose the greater of the following two: Original Prorated Contractual Wkly Fee: $18,000 ÷ 6 = $3000 3,000 Stage’s Prorated Category Minimum Wkly Fee: $14427 16,407 ÷ 5 = $2885 3,281 Calculate as follows: $3000 3,281 x 30% = $900 984 ÷ 8 = $113 123 RECOGNITION PAYMENT = $113 123 for each performance See Article X for Pension and Health requirements on recognition payments.

RECOGNITION PAYMENT. Formula: For each performance, beginning with the first performance of the extended activity, calculate one-eighth (1/8) of thirty (30%) percent of either the original prorated contractual weekly fee or the stage’s prorated category minimum weekly fee, whichever is greater. Example: Director negotiated an $18,000 fee at a category “B” stage for 6 weeks of employment. Choose the greater of the following two: Original Prorated Contractual Wkly Fee: $18,000 ÷  6 = $3000 Stage’s Prorated Category Minimum Wkly Fee: $14427 ÷  5 = $2885 Calculate as follows: $3000 x 30% = $900 ÷  8 = $113 RECOGNITION PAYMENT = $113 for each performance See Article X for Pension and Health requirements on recognition payments.