Common use of TERM CONTRACT Clause in Contracts

TERM CONTRACT. If an Actor's role is cut out before the official opening or up to eight weeks from the first day of rehearsal whichever is sooner, the Producer may terminate said contract by the payment of a sum equal to two weeks contractual salary to the Actor, in addition to all sums due for services rendered, plus up to eight additional weeks' salary to the extent that the play continues to run more than two weeks after the Actor's role is cut out or terminated as herein provided. In no event shall the Actor receive less than the guarantee period specified in the Actor's contract of employment.