Weekly Amount Clause Samples

The 'Weekly Amount' clause defines the specific sum of money to be paid or received on a weekly basis under the terms of an agreement. This clause typically outlines how the weekly payment is calculated, when it is due, and to whom it should be paid, such as in employment contracts specifying weekly wages or service agreements detailing recurring fees. Its core practical function is to ensure both parties have a clear understanding of the regular payment obligations, thereby reducing the risk of disputes over payment amounts or schedules.
Weekly Amount. ‌ For an engagement as an Actor, Extra, Production Stage Manager, Stage Manager, and Assistant Stage Manager, the Contractual Fee shall be defined as a "Weekly Amount".