The replacement for the Lab Agreement will include five-year terms for salaries with three wage increases, profit sharing following a show's recouping of its initial investment, stipulations for additional assistant stage manager contracts, a minimum of five weeks of rehearsal time for Broadway musicals (four for plays), and additional health and pension benefits.
According to an Equity spokesperson, the replacement for the Lab Agreement—the name for which has not yet been revealed—will include five-year terms for salaries with three wage increases, profit sharing following a show's recouping of its initial investment, stipulations for additional assistant stage manager contracts, a minimum of five weeks of rehearsal time for Broadway musicals (four for plays), and additional health and pension benefits. READ MORE