Common use of Turnaround Premium Clause in Contracts

Turnaround Premium. For each one hour or portion thereof, based on one-half (1/2)-hour increments, of encroachment into any applicable turnaround or rest period, in addition to the Second Unit Director’s Negotiated daily flat Rate, the Producer must pay to the Second Unit Director an additional amount equivalent to the (Negotiated daily flat Rate ÷ 14) x 2.

Turnaround Premium. ‌ For each one hour or portion thereof, based on one-half (1/2)-hour increments, of encroachment into any applicable turnaround or rest period, in addition to the Second Unit Director’s Negotiated daily flat Rate, the Producer must pay to the Second Unit Director an additional amount equivalent to the (Negotiated daily flat Rate ÷ 14) x 2.