Common use of Theatre’s Ability to Post Peak Security Clause in Contracts

Theatre’s Ability to Post Peak Security. Theatres which have produced at least three (3) seasons under the full terms and conditions of the Independent Theatre Agreement, and which are not in arrears with remittances and do not have a history of such arrears, may calculate the amount of security on a "peak" basis. Peak is the consecutive two (2) week period of the season with the highest cumulative amount of Contractual Fees. For the purpose of this determination and calculation, the full Contractual Fee for a Director, Choreographer, Fight Director or Intimacy Director shall be included in the first week of the rehearsal period of the Artist’s engagement. The amount of security required shall be equal to the sum of the Artists’ Contractual Fees for this peak period, plus an additional percentage equivalent to the total of GST, HST, or QST dependent on the Theatre’s Point of Origin for each Artist engaged by the Theatre. ITA 2021-2024 | page 64

Theatre’s Ability to Post Peak Security. Theatres which have With Equity’s prior written approval a Theatre that has produced at least three (3) seasons under the full terms and conditions of the Independent Theatre Agreement, and which are not in arrears with remittances and do not have a history of such arrears, may calculate the amount of security on a "peak" basis. Peak is the consecutive two (2) week period of the season with the highest cumulative amount of Contractual Feescontractual fees. For the purpose of this determination and calculation, the full Contractual Fee contractual fee for a Director, Choreographer, Choreographer or Fight Director or Intimacy Director shall be included in the first week of the rehearsal period of the Artist’s engagement. The amount of security required shall be equal to the sum of the Artists’ Contractual Fees contractual fees for this peak period, plus an additional percentage equivalent to the total of GST, HST, or QST dependent on the Theatre’s Point of Origin for each Artist engaged by the Theatre. ITA 2021-2024 | page 64.

Theatre’s Ability to Post Peak Security. Theatres which have produced at least three (3) seasons under the full terms and conditions of the Independent Canadian Theatre Agreement, and which are not in arrears with remittances and do not have a history of such arrears, may calculate the amount of security on a "peak" basis. Peak is the consecutive two (2) week period of the season with the highest cumulative amount of Contractual Fees. For the purpose of this determination and calculation, the full Contractual Fee for a Director, Choreographer, Fight Director or Intimacy Director shall be included in the first week of the rehearsal period of the Artist’s engagement. The amount of security required shall be equal to the sum of the Artists’ Contractual Fees for this peak period, plus an additional percentage equivalent to the total of GST, HST, or QST dependent on the Theatre’s Point of Origin for each Artist engaged by the Theatre. ITA CTA 2021-2024 | page 6466

Theatre’s Ability to Post Peak Security. Theatres which have produced at least three (3) seasons under the full terms and conditions of the Independent Canadian Theatre Agreement, and which are not in arrears with remittances and do not have a history of such arrears, may calculate the amount of security on a "peak" basis. Peak is the consecutive two (2) week period of the season with the highest cumulative amount of Contractual Fees. For the purpose of this determination and calculation, the full Contractual Fee for a Director, Choreographer, Fight Director or Intimacy Director shall be included in the first week of the rehearsal period of the Artist’s engagement. The amount of security required shall be equal to the sum of the Artists’ Contractual Fees for this peak period, plus an additional percentage equivalent to the total of GST, HST, or QST dependent on the Theatre’s Point of Origin for each Artist engaged by the Theatre. ITA 2021-2024 | page 64.