Advertising and Marketing Agreement Clause: Pension and Health Allocation in Multi-Service Talent Agreement | Practical Law

Advertising and Marketing Agreement Clause: Pension and Health Allocation in Multi-Service Talent Agreement | Practical Law

A Standard Clause that may be used in a multi-service talent agreement where an advertiser is paying the talent an overscale fee for both services covered by collective bargaining agreements negotiated with SAG-AFTRA that govern the use of performers in commercials and non-covered services. It allocates pension and health payments to the union funds based on the portion of the talent's services covered by these agreements. This Standard Clause has integrated drafting notes with important explanations and drafting tips.

Advertising and Marketing Agreement Clause: Pension and Health Allocation in Multi-Service Talent Agreement

by Practical Law Commercial Transactions, with Stacy K. Marcus, Reed Smith LLP
MaintainedUSA (National/Federal)
A Standard Clause that may be used in a multi-service talent agreement where an advertiser is paying the talent an overscale fee for both services covered by collective bargaining agreements negotiated with SAG-AFTRA that govern the use of performers in commercials and non-covered services. It allocates pension and health payments to the union funds based on the portion of the talent's services covered by these agreements. This Standard Clause has integrated drafting notes with important explanations and drafting tips.