The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is a labor union that represents actors, announcers, broadcasters, and other media professionals. The organization works to ensure fair wages, safe working conditions, and other protections for its members.

One agreement that SAG-AFTRA offers is the Ultra Low Budget Agreement. This contract is designed for films with budgets of $250,000 or less, and provides guidelines for compensation, working conditions, and other aspects of production.

Under the Ultra Low Budget Agreement, actors are guaranteed a minimum daily rate of $125. If the film makes more than $250,000 in domestic gross receipts, the actors are entitled to receive additional payments. There are also guidelines for meals, rest periods, and other working conditions.

To qualify for the Ultra Low Budget Agreement, the film must meet certain requirements. For example, it must have a total production budget of $250,000 or less, and must be intended for theatrical release. The agreement also includes provisions for distribution, residuals, and other important issues.

Overall, the Ultra Low Budget Agreement is an important tool for filmmakers who are working with limited resources. By following the guidelines established by SAG-AFTRA, producers can ensure that their actors are treated fairly and that their films are produced in a safe and professional manner.

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