ARTICLE 4 ADMINISTRATION FEE
ARTICLE 4 ADMINISTRATION FEE
401 |
The Producer shall assist in defraying the cost of administering the terms of this Agreement by paying as an administration fee the following percentage of Gross Fees:
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402 | The Producer shall remit the administration fees to the Guild and to the relevant Association on or before the 15th of the month following the payments of the Writer's, Story Editor's or Story Consultant's fees. The fees shall be payable by cheques to the Guild and to the relevant Association and mailed to the Guild and Association offices. |
403 | All amounts collected under Article 401 (iii) above shall be divided as follows: 50% shall be retained by the Guild and 50% shall be paid to the relevant Association. The Guild shall remit the respective shares of the administration fees itemized by production to the relevant Association within 30 days of the end of each calendar quarter. Upon seventy-two (72) hours notice, an authorized representative of the relevant Association may, during normal business hours, inspect the books and records of the Guild pertaining to the collection and remittance of the administration fee. |
404 | Amounts paid under Article 401 to the Guild and to the Associations shall each be accompanied by a completed copy of the Remittance Statement Form provided to Producers. |
405 | During the life of this Agreement, the CFTPA and APFTQ may amend the amounts payable to their respective Associations by their members set out in article 401(i) and 401 (ii). |