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AgdaPkt 2015-07-27 Joint SA and PFA
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AgdaPkt 2015-07-27 Joint SA and PFA
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Last modified
7/28/2015 8:35:10 AM
Creation date
7/23/2015 5:51:54 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/27/2015
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7.1.C. - Page 4 <br /> 3. Schedule of Performances. The Performances shall take place pursuant to <br /> the schedule set forth in Exhibit "A" attached hereto and incorporated herein by this <br /> reference (the "Schedule of Performance"). <br /> 4. Compensation. The City agrees to pay a Performance Fee of $115,183 <br /> ( "Performance Fee ") to Performers and Agent for completing the Performances. <br /> Additionally, City will pay Performers, within 30 days of the final performance, a bonus of <br /> $5,000 if retail ticket sales exceed $240,000 and an additional bonus of $5,000 if retail <br /> ticket sales exceed $260,000. <br /> The Performance Fee shall be calculated and paid as follows: <br /> (a) Upon execution of this Agreement and compliance with Section 16 <br /> (Insurance), City shall pay to Performers, by payment to Performer's agent the <br /> sum of $40,717. The City shall mail a check in this amount to Performers' Agent <br /> at the address listed in Section 9 (Notice). <br /> (b) Upon arrival of Performers to the Place of Performance for setup as set forth <br /> in the Schedule of Performance, City shall pay directly to Performers the sum of <br /> $37,233 (CHECK PAYABLE TO: Zoppe Family, Inc.). Payment of this amount will <br /> be hand delivered to Giovanni Zoppe at the Place of Performance by the City. <br /> (c) Two (2) days prior to the final day of performance, the City shall pay the <br /> remaining balance of $37,233 (CHECK PAYABLE TO: Zoppe Family, Inc.) Payment <br /> will be hand delivered to Giovanni Zoppe at the Place of Performance by the City. <br /> (d) Within 30 days of the final performance, the City shall additionally compensate <br /> Performers as set forth below: <br /> i. If total gross retail ticket sale revenues are between $240,000 and <br /> $259,999, Zoppe will be paid a bonus of $5,000; or <br /> ii. If total gross retail ticket sale revenues exceed $260,000, <br /> Performers will be paid a bonus of $10,000. <br /> 5. Exclusive Performance(s). Performers agrees that they will not accept any <br /> other engagement for a performance of any sort or kind during a period of 60 days prior <br /> to or 60 days following the performance(s) hereinabove described within a radius of 50 <br /> miles from the location(s) of the performance(s) hereinabove described, or of any portion <br /> or portions thereof, without express written permission of the City. In the event of a <br /> performance of any sort or kind in the above - specified area within a 75 day period <br /> following the performance(s) defined hereinabove, no announcement of that performance <br /> may be made until after the performance(s) described hereinabove, or any portion or <br /> portions thereof, may be canceled by the City, and such cancellation shall be without <br /> prejudice to City's other rights and remedies hereunder. <br /> ATTY /AGR/2015.1042OPPE LIVE PERFORMANCE <br /> REV: 05 -27 -15 MLG <br /> Page 2 of 12 <br />
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