Reimbursement and Compensation of the Manager Sample Clauses

Reimbursement and Compensation of the Manager. In connection with the Off-Broadway Production and each additional company of the Play, the Manager, in its capacity of producer of the Play, will be entitled to receive (i) a weekly cash office charge of $250 per week, commencing two weeks before the first rehearsal of the Off-Broadway Production and continuing through the date two weeks following the close thereof; (ii) a producer's royalty equal to 3% of gross weekly box office receipts (but subject to the alternative WNOP royalty arrangements discussed above); (iii) an executive producer’s fee of $5,000 as set forth in the Production Budget, and (iv) 50% of Adjusted Net Profits. In addition, the Producer will be entitled to reimbursement for pre-production expenses as set forth in subparagraph III of this paragraph THIRTIETH. Xxx Xxxxxxxxx and Xxxxxxx Xxxxxxxxx, the principals of each Manager, are currently negotiating with the Author for the Author to pay them an aggregate amount equal to one percent (1%) of one hundred percent (100%) of subsidiary rights income out of the Author's share of net proceeds from the exploitation of subsidiary rights in the Play until Recoupment. Such compensation will have no impact on the amount of subsidiary rights income payable to the Company.