A tentative contract agreement has been reached between the Actors’ Equity Association and The Broadway League, the union announced.

Talks went into the late-night hours on Friday, lasting all the way until 6 a.m. Saturday. The Actors’ Equity Union represents more than 51,000 professional actors and stage managers.

“This three-year agreement saves the Equity-League Health Fund while also making strides in our other priorities including scheduling and physical therapy access,” the union said in a statement.

The Broadway League is the national trade association for the Broadway industry, representing theater owners and operators, producers, presenters and general managers.

“We’re pleased to have a reached a tentative agreement on terms both parties are comfortable with. Our focus has been negotiating in good faith at the bargaining table to reach a fair contract,” the league said in a statement.

The tentative deal now needs to be brought to members for ratification.

Meanwhile, the Broadway Musicians’ Union is still in talks with the Broadway League.

“Still in negotiation for a fair contract, and everything remains on the table, including a strike,” Robert Suttmann, president of AFM Local 802, said.

Actors’ Equity said they are putting full support behind their fellow union to reach a deal that averts a strike.