Common use of Requirement to Work Clause in Contracts

Requirement to Work. ‌ No Equity member shall work for the Engager without the written consent of Equity if the Engager: (A) Arbitration‌ has failed to abide by any arbitration award or, where permitted herein, by any final determination of the Executive Director of Equity, or (B) Defaulting Engager List‌ has defaulted by not meeting past financial obligations to Equity or its members and has been placed on Equity's Defaulting Engager list. Should the Engager remain in default of fees, or other monies, due to a member or members, for a period longer than one (1) year, the Engager agrees that seven percent (7%) interest, compounded annually, beginning one (1) year after the default, and ending when the claim is paid, shall be added to and payable as part of said claim. It is understood and agreed that upon satisfaction of the above-mentioned claim by the Engager, no individual employed by or associated with the Engager shall be penalized or discriminated against by Equity. If a member of Equity is adjudged by the Executive Director of Equity, or by an Arbitrator, to be in default to the Engager, interest will accrue on said default in the same manner as above. 12:00 CONTRAVENTION OF CRIMINAL CODE ‌