Harvey Weinstein was showered with cash and benefits while running The Weinstein Company, and now the full scope of what he flushed down the drain is on display as his employment contract becomes public.
According to Weinstein’s contract, obtained by The Blast, the disgraced producer’s base salary was $2,626,275 paid out in 12 monthly installments. The contract was ordered to be released by the judge in The Weinstein Company’s bankruptcy case.
He was also entitled to $500,000 per year for private air travel, and when he was flying commercial was guaranteed to get first class. He was also given carte blanche to take guests to a “premiere or industry function, or for such other business-related travel as you determine necessary,” which also included full use of the company jet.
As we first reported, Weinstein’s contract also included a clause for misconduct in which he had to pay back TWC for any settlements they paid on his behalf. The first instance would cost him $250,000 and an additional $250,000 for multiple incidents, ending at $1,000,000 for a fourth incident.
Weinstein’s contract prohibited his termination unless he was indicted for a felony involving “fraud, dishonesty or moral turpitude.” At the time, he was terminated without being indicted … but that’s changed now.
As for his criminal case, Weinstein appeared in court Tuesday and pleaded not guilty to rape charges.