Theatrical Sequel definition
Theatrical Sequel. With respect to each theatrical sequel, an amount equal to fifty percent (50%) of the total, aggregate cash compensation paid Writer pursuant to paragraphs 3 and 4 above, payable upon commencement of principal photography, and a sum equal to fifty percent (50%) of the percentage of gross profits paid Writer pursuant to paragraph 4 above, as such percentage of gross profits relates to the gross profits of any such sequel.