Con­tract: He preys, he pays

New York Post - - NEWS - Joe Ta­copino

Har­vey We­in­stein’s em­ploy­ment con­tract re­port­edly said that the he could treat some­one “im­prop­erly” as long as he shelled out money for dam­ages.

The dis­graced stu­dio head’s 2015 con­tract spec­i­fied how he could vi­o­late The We­in­stein Com­pany’s “Code of Con­duct” if he re­im­bursed them for any set­tle­ments or judge­ments, ac­cord­ing to TMZ.

“You [We­in­stein] will pay the com­pany liq­ui­dated dam­ages of $250,000 for the first such in­stance, $500,000 for the sec­ond such in­stance, $750,000 for the third such in­stance, and $1,000,000 for each ad­di­tional in­stance,” the con­tract states, ac­cord­ing to the Web site. Those pay­ments would be re­port­edly con­sid­ered a “cure” for mis­con­duct.

A board mem­ber who ne­go­ti­ated the con­tract told TMZ that of­fi­cials knew We­in­stein had set­tled law­suits, but as­sumed it was to cover up con­sen­sual af­fairs.

The com­pany dumped We­in­stein on Sun­day af­ter a slew of women came for­ward to ac­cuse him of sex­ual ha­rass­ment.

We­in­stein also has a right to me­di­a­tion or ar­bi­tra­tion un­der terms of his deal, TMZ re­ported.

But nei­ther hap­pened, since he was sum­mar­ily fired as the scan­dal un­folded this week, ac­cord­ing to the Web site.


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