Safehaven. (i) Executive Producer Fee & Development Fee: Twenty Thousand Dollars ($20,000) per episode for the first season of the series produced (the “Safehaven EP Fee”), plus a one-time development fee of Two Hundred Thousand Dollars ($200,000) (the “Safehaven Development Fee”). Notwithstanding anything to the contrary contained herein, if the Safehaven series is actually produced, the minimum guaranteed executive producer fee and development fee shall be Four Hundred Thousand Dollars ($400,000), on a pay or play basis. The Safehaven EP Fee shall be paid one hundred percent (100%) on the commencement of principal photography of the first season of production. The Safehaven Development Fee shall be paid one hundred percent (100%) on commencement of principal photography. For clarity, such executive producer/development fee is only for the first season of production of the initial Safehaven series, if any, produced, and not for any further seasons of production produced or any other Safehaven productions or derivative productions.
Appears in 2 contracts
Sources: Assignment & Attachment Agreement (Strong Global Entertainment, Inc), Assignment & Attachment Agreement (Ballantyne Strong, Inc.)