Contract For Equity In Chicago
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Equity agreements allow entrepreneurs to secure funding for their start-up by giving up a portion of ownership of their company to investors. In short, these arrangements typically involve investors providing capital in exchange for shares of stock which they will hold and potentially sell in the future for a profit.
Draft the equity agreement, detailing the company's capital structure, the number of shares to be offered, the rights of the shareholders, and other details. Consult legal and financial advisors to ensure that the equity agreement is in line with all applicable laws and regulations.
The Equity Membership Candidate Program (EMC) permits actors and stage managers in training to credit theatrical work in certain Equity theatres towards eventual membership in Equity. Candidates must complete at least 25 creditable weeks of work at any of the participating theatres.
Equity's dues structure has two components: Basic dues: $176 annually, billed at $88 twice a year each May and November. Working dues: 2.5% of gross earnings under Equity contract, which are collected through weekly payroll deductions.
Equity's dues structure has two components: Basic dues: $176 annually, billed at $88 twice a year each May and November. Working dues: 2.5% of gross earnings under Equity contract, which are collected through weekly payroll deductions.
To obtain a copy of the Guest Artist Agreement Work Rules, email prepaid@actorsequity. Tier ITier III Span of Day 7 of 8 1/2 hours 7 of 10 hours Minimum Weekly Actor Salary $406.00 $691.00 Minimum Weekly SM/ASM Salary $488.00 $829.00 Engagement of 1 Week or Less $50.00 in addition to minimums listed above7 more rows
You can gain AEA membership by being a member of one of its sister unions for a year or more. To learn more about Equity's sister unions and their requirements for candidacy visit Equity's “How to Join” page. You could also gain your Equity card by booking an AEA contract.
