Okay, so I've taken a gig with a new 'alternative country' act. Not terribly musically rewarding, but it's an opportunity to play out, with someone else bearing all the burdens of promotion, planning, and so forth. I just gotta show up and know my parts.
They are a new act, just getting started. I'm the only one involved who has a 'real' job, and we mutually agreed at the outset that in six months to a year they'll likely need to replace me with someone who can travel beyond weekend excursions. I figure that the fun will wear off in about that time, so this could be a pretty okay proposition.
Looks like I'll be offered two payment options - 15% of the gross per show, with a $200 cap, or 10% with no cap. Simple math tells me that the core members will each also get no more than a 15% share. They will of course, be in on the merchandise end (CDs, Tshirts, etc.). They have a bus so transpo and crash options are available.
From those with experience, what stipulations should I make, what pitfalls should I watch for, and what 'catches' are waiting to surprise me?
Any experienced advice on this is appreciated...

They are a new act, just getting started. I'm the only one involved who has a 'real' job, and we mutually agreed at the outset that in six months to a year they'll likely need to replace me with someone who can travel beyond weekend excursions. I figure that the fun will wear off in about that time, so this could be a pretty okay proposition.
Looks like I'll be offered two payment options - 15% of the gross per show, with a $200 cap, or 10% with no cap. Simple math tells me that the core members will each also get no more than a 15% share. They will of course, be in on the merchandise end (CDs, Tshirts, etc.). They have a bus so transpo and crash options are available.
From those with experience, what stipulations should I make, what pitfalls should I watch for, and what 'catches' are waiting to surprise me?
Any experienced advice on this is appreciated...
