PAYMENTS/ROYALTIES. 7.1 (a) Unless terminated pursuant to the terms herein, PROMOTER shall pay WRESTLER each Contract Year the total sum of One Million US Dollars ($1,000,000.00) (referred to hereinafter as “Minimum Annual Compensation”). PROMOTER agrees, commencing with the Effective Date, to pay WRESTLER the Minimum Annual Compensation in fifty-two (52) weekly installments consistent with PROMOTER’s regular payment procedures.
Appears in 3 contracts
Samples: Booking Agreement, Booking Agreement, Booking Contract (World Wrestling Entertainmentinc)
PAYMENTS/ROYALTIES. 7.1 (a) Unless terminated pursuant to the terms herein, PROMOTER shall pay WRESTLER each Contract Year the total sum of One Million Three Hundred Twenty Five Thousand US Dollars ($1,000,000.00325,000.00) (referred to hereinafter as “Minimum Annual Compensation”). PROMOTER agrees, commencing with the Effective Date, to pay WRESTLER the Minimum Annual Compensation in fifty-two (52) weekly installments consistent with PROMOTER’s regular payment procedures.
Appears in 2 contracts
Samples: Booking Contract, World Wrestling (World Wrestling Entertainmentinc)
