Amount and Method of Compensation Sample Clauses
The "Amount and Method of Compensation" clause defines how much a party will be paid and the manner in which payment will be made under the agreement. This clause typically specifies the total compensation, whether it is a fixed fee, hourly rate, or based on milestones, and outlines the payment schedule, such as upon completion of services or at regular intervals. By clearly stating both the amount and the payment process, this clause ensures both parties understand their financial obligations and helps prevent disputes over payment terms.
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Amount and Method of Compensation. The amounts set forth in this Article 5 are the total compensation payable to Consultant and constitute a limitation upon County’s obligation to compensate Consultant for Services under this Agreement, but do not constitute a limitation of any sort upon Consultant’s obligation to perform all Services required under this Agreement.
Amount and Method of Compensation. The total annual cumulative amount authorized for all Surtax Project Work Authorizations issued under this Agreement shall not exceed One Million Dollars ($1,000,000.00). The method of compensation to be paid under each individual Work Authorization will be under one or a combination of the following methods as specified in the operative Work Authorization and based upon the Salary Costs described in Exhibit B.
Amount and Method of Compensation. All Work Authorizations issued pursuant to this ($ ) Agreement shall not exceed a total of per year, calculated on the basis of the anniversary date of complete execution of the Agreement.
Amount and Method of Compensation. 8.1.1 The City agrees to pay the Contractor as compensation for its services under the terms of this Agreement the contract amount as set forth in the schedule of values and the Contract Documents for each segment of the work that has been completed. The fee for the services to be performed by the Contractor shall be for the actual cost of the work.
8.1.1.1 The sum to be paid by the City to the Contractor under this Agreement for the Project described in the Contract Documents, is as follows: Contractor’s Firm Price Offer to City: $XX.00 City’s Contingency for Price Fluctuations in Construction Materials (including project additions, modifications, unforeseen conditions, electrical and appurtenances, etc.) 10% of base bid
Amount and Method of Compensation. All Work Authorizations issued pursuant to this Agreement shall not exceed a total of $2,000,000 for any one year of the Agreement. If this Agreement is extended, then this limit shall apply to each year of the extended Agreement.
Amount and Method of Compensation. All Work Authorizations issued pursuant to this Agreement shall not exceed a total of $3,750,000 for the entirety of this Agreement.
Amount and Method of Compensation. COUNTY agrees to pay CONSULTANT as compensation for performance of all services as related to Exhibit “A-3” required under the terms of this Agreement a Lump Sum of Two Million, One Hundred Forty Three Thousand, Nine Hundred Thirty Eight and 00/100 Dollars ($2,143,938.00). It is understood that the method of compensation is that of Lump Sum which means that CONSULTANT shall perform all services set forth for a total compensation in the amount stated above. Lump sum compensation amounts include expenses incurred by CONSULTANT. No reimbursement of CONSULTANT expenses is authorized by this agreement.
Amount and Method of Compensation. All Work Authorizations issued pursuant to this Agreement shall not exceed a total of Six Hundred Thousand Dollars ($600,000) for any one year of the Agreement. If this Agreement is extended, then this limit shall apply to each year of the extended Agreement. The method of compensation to be paid under each Work Authorization will be under one or a combination of the following methods as specified in the each Work Authorization and based on the Salary Costs described in Exhibit A.
Amount and Method of Compensation. The total cumulative amount authorized for all Work Authorizations issued under authority of this Agreement to CONSULTANT shall be Thirteen Million One Hundred Thousand Dollars ($13,100,000) labor and Nine Hundred Thousand Dollars ($900,000) for reimbursables, for a total maximum not to exceed Agreement amount of Fourteen Million Dollars ($14,000,000). The method of compensation to be paid under each individual Work Authorization shall be pursuant to one or a combination of the following:
Amount and Method of Compensation. The amounts set forth in this Article IV are the total compensation payable to Consultant and constitute a limitation upon Authority’s obligation to compensate Consultant for deliverables under this Agreement, but do not constitute a limitation of any sort upon Consultant’s obligation to perform all Services required under this Agreement.