Common use of Guaranteed Fees Method Clause in Contracts

Guaranteed Fees Method. ‌ To determine the applicable company category for touring productions which receive guaranteed fees using the guaranteed fees method, the Theatre shall divide the total guaranteed fees provided to them by all the presenting venues on the tour by the number of performance weeks. For the purposes of this calculation, performance weeks shall be calculated as in Clause 15:02(B). The Theatre is required to verify guaranteed fee amounts to Equity, by providing the appropriate page of the presenting contract indicating the total guaranteed fee from that presenter.

Guaranteed Fees Method. ‌ To determine the applicable company category for touring productions which receive guaranteed fees using the guaranteed fees method, the Theatre shall divide the total guaranteed fees provided to them by all the presenting venues on the tour by the number of performance weeks. For the purposes of this calculation, performance weeks shall be calculated as in Clause 15:02(B). The Theatre is required to verify guaranteed fee amounts to Equity, by providing the appropriate page of the presenting contract indicating the total guaranteed fee from that presenter.