Common use of Television Programs Clause in Contracts

Television Programs. 12.2.1 U.S. Television (i.e., Network and Non-Network) Royalties. If, and only if (A) the Picture is released for commercial exhibition, and (B) Company thereafter produces, for primary exhibition and release by means of United States network or non-network television, a television production in the English language, based upon the Property, payment shall be made to Owner upon commencement of photography for each episode as follows: (i) Sixty Minute Episodes: A. Initial Production Season: $7,500 per episode; B. Second Production Season $9,000 per episode; and per episode. C. Third and Subsequent Production Seasons: $11,000 (ii) Thirty Minute Episodes: The sums payable as a royalty in connection with series episodes which are thirty (30) minutes in length shall be one-half (1/2) of the sums payable in connection with sixty minute episodes, as set forth in Section 12.2.1 hereinabove.