Your solution, worked like a charm. I wanted my potential follower to auto equip the gear I configured in his inventory even before I traded him anything. I put your script in the OnInit Event and passed in the the Follower as an Actor property along with the Silver Ring. When I went to find the guy he was wearing the Inventory armor not the default miners gear.
Actor property akActor auto
Armor Property SilverRing auto ; Defines "trigger" ring used for convenience and unobtrusiveness.
Event OnInit()
akActor.SetPlayerTeammate() ; Sets teammate behavior
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. Code from the Fragment
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Utility.Wait(1.0) ; pause
EndEvent
Thanks :)