Actors and Stage Managers employed under the Agreement and Rules Governing Employment under the Equity/League Production Contract and the Equity/Disney Theatrical Productions, Ltd. Production Contract (the “Production Contract”) are eligible to participate in the Equity-League 401(k) Plan (“Plan”), which permits you to make tax deferred contributions to the Plan. This contribution is called a Deferred Salary Contribution. You may elect to start these contributions or change these contributions at anytime while you are employed under the Production Contract by submitting the appropriate forms to your employer. Any change will take effect as soon as practicable. For the 2010 plan year, you may contribute up to 85% of your salary (as defined under the Plan) on a tax deferred basis (up to $6,375 per week and a total annual maximum of $16,500). If you will be 50 or older as of December 31, 2010, please see the special note below regarding the opportunity to defer additional salary.

Employer Contributions On Your Behalf. For the 2010 calendar year, your Producer will be contributing an amount equal to 3% of your salary, subject to the following limits: No contributions are owed for salary above $7,500 per week or above $245,000 per employer per year. Thus the maximum weekly employer contribution is $225 and the maximum yearly employer contribution is $7,350. As an example, if you are earning $2,000 in a week, your Producer would contribute $60 for that week (3% of $2,000 = $60).

Your Deferred Salary Contribution. The Plan also gives you the opportunity to save on a tax-deferred basis, up to 85% of your salary, with a maximum deferral of $6,375 per week. (Except that this maximum does not apply if you will be 50 or older as of December 31, 2010. Please see the Special Note below.) Please note you can defer only taxable income. For example, you cannot defer non-taxable per diem.

Remember – Deferred Salary Contributions allow you to save a portion of your salary (as defined under the Plan) before federal income taxes are withheld. And, you defer paying federal income taxes on your investment earnings as long as they remain in the Plan.

For further information on these contributions or the Plan, refer to your Summary Plan Description (“SPD”). If you do not have a copy of the SPD, or have questions concerning the Plan, please contact the Fund Office, or visit our website::

Equity-League 401(k) Trust Fund
165 West 46th Street, Suite 402
New York, NY 10036
Executive Director: Arthur Drechsler
212-869-9380,
www.equityleague.org.