The most well-known Equity break rule is often referred to by actors as the “5 and 10 rule.” It's simple: Actors must be given a five-minute break every 55 minutes of rehearsal. Alternatively, a ten-minute break must be given every 80 minutes.
When is a contract legally binding? Typically, a document that includes an offer, acceptance, and appropriate consideration will be considered legally binding. In most cases, a contract is binding in Arizona even if the parties signed it in another state.
For the 2023-2024 season, the minimum salary for Equity performers in a Broadway show is around $2,200 to $2,400 per week. This base rate may vary depending on the specific contract and role.
An equity agreement, often referred to as a shareholder agreement or a shared equity agreement, is a legal contract that defines the relationship between a company and its shareholders. It specifies the rights, duties, and protections of shareholders, as well as the operational procedures of the company.
Home equity sharing may also be wise if you don't want extra debt reflected on your credit profile. "These agreements allow homeowners to access their home equity without incurring additional debt," says Michael Crute, a real estate agent and operations strategist with Keller Williams in Atlanta.
Average HELOC rates by market Your potential HELOC rate also depends on where your home is located. As of January 1, 2025, the current average HELOC interest rate in the 10 largest U.S. markets is 8.36 percent.
Location. Your property must be located in a state served by Unlock: Arizona, California, Florida, Michigan, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, Virginia or Washington state.
Qualifying for a HEA is relatively easy, too. The main requirement is to have built up some equity in your property. You don't need a super high credit score, and the income criteria are flexible.