Common use of Base Consulting Fee Clause in Contracts

Base Consulting Fee. During the Term, STI shall pay to STAG, as compensation for the performance of its duties and obligations hereunder, a base consulting fee at the rate of thirty thousand dollars ($30,000) per month (“Consulting Fee”). Notwithstanding Section 2(f) below, STAG shall bear any and all risk or liability whatsoever associated with any foreign currency exchange.

Appears in 1 contract

Sources: Research and Development (Tvi Corp)

Base Consulting Fee. During the Term, STI shall pay to STAG, as compensation for the performance of its duties and obligations hereunder, a base consulting fee at the rate of thirty thousand dollars ($30,000$ ) per month (“Consulting Fee”). Notwithstanding Section 2(f) below, STAG shall bear any and all risk or liability whatsoever associated with any foreign currency exchange.

Appears in 1 contract

Sources: Merger Agreement (Tvi Corp)