Staggering perks included in Harvey Weinstein’s former job contract
AN ALLOWANCE of nearly a million dollars for air travel, eye-watering bonuses: Here’s what it was like to be Harvey Weinstein before his fall from grace.
HARVEY Weinstein lost a lot of perks on trading his movie-mogul status for that of alleged sexual predator.
His base salary of $US4.46 million ($AU5.85 million) disappeared when he was fired in October, as did his 25 per cent stake in The Weinstein Company’s annual bonus pool, according to the studio co-founder’s employment contract for 2015.
The contract — made public this week by order of a Delaware bankruptcy judge — specified that the studio’s board could fund the bonus pool as it saw fit once TWC cleared $US17 million ($AU22 million) in net income.
The film producer, 66, was also entitled to up to $US858,000 ($AU1,125,700) a year in private air travel. And when not flying private, his contract dictated, “business-related air travel shall be first class”.
Mr Weinstein could also take guests out on the company dime — provided he thought it appropriate they attend a premiere or industry function or “other business-related travel” he deemed necessary.
On the ground, he had an allowance for “a first-class car and a driver, limousine transportation and first-class private business travel expenses, including hotel suites and per diems”.
The contract even indemnified Mr Weinstein of any claim, until a qualifying clause — “unless such claim, liability, loss, cost or expense is a result of you not acting in good faith” — wound up disqualifying him.
Earlier this week, Mr Weinstein appeared in court in New York and pleaded not guilty to rape.
The hearing in Manhattan comes after a grand jury indicted the former movie mogul last week on charges involving two women.
One alleged victim, who has not been identified publicly, told investigators that Mr Weinstein cornered her in a hotel room and raped her.
The other accuser, former actress Lucia Evans, has gone public with her account of Mr Weinstein forcing her to perform oral sex at his office in 2004.
Dozens more women have accused him of sexual misconduct ranging from harassment to assault.
This story originally appeared in the New York Post and has been republished here with permission.