Common use of COMPENSATION AND PAYMENTS Clause in Contracts

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables must be approved in advance in writing by UBalt.

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's U-bolt’s approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the Solicitation/RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables reimbursable must be approved in advance in writing by UBalt.

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables reimbursables must be approved in advance in writing by UBalt.

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBaltUBALT, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables must be approved in advance in writing by UBaltThe fee is inclusive of all travel costs.

COMPENSATION AND PAYMENTS. 4.1 The amounts due under any SOW, including the Set-up Fee(s), shall be as set forth in that SOW, and be payable within fifteen (if applicable) 2.1 Contractor15) days following Client’s rates receipt of the related invoice. Amounts identified as “monthly installments” or “monthly recurring charges” for any ECI Services that are to be delivered over time shall not exceed be payable monthly in advance of the fees month in which the ECI Services are to be provided in this Agreement and all such rates/fee include all expenses or performed; provided, however, in the performance of event an SOW provides that such “monthly installments” are billed in arrears, then the Services. Payments amounts identified as “monthly installments” or “monthly recurring charges” shall be made upon acceptance payable monthly on the last day of deliverables as outlined each month. All additional amounts due of any kind or nature, including those for Overtime Services, T&M and Expenses, shall be billed monthly in this Agreement or in work orders/written directives issued by UBaltarrears and be payable within fifteen (15) days of receipt. The maximum fee for all services provided under this Agreement Overtime Services shall not exceed be subject to a minimum charge of two (2) hours at the $ , unless modified by an amendment or by Purchase Order, at a later dateOvertime Rate. 2.2 Payment requests (invoices) 4.2 In addition to all other amounts due to ECI hereunder, Client shall be submitted electronically to responsible for and pay all means, value-added, sales, use, excise, property, withholding and other taxes, duties and assessments of any governmental or regulatory authority which may be imposed upon or arise in connection with this Agreement, any ECI Services or any Third Party Products provided hereunder, excluding, however, any based upon ECI’s income. Such taxes shall be separately itemized on each invoice, indicating the Accounts Payable Departmenttax and the amounts against which such tax was calculated. 4.3 Client shall pay all invoices by ACH. Unless otherwise noted in writing by ECI, ▇such payments shall be directed to: Account Name: Eze Castle Integration, Inc. Bank Name: CIBC Bank USA Address: ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Baltimore, MD 21201 or at and ▇▇ ▇▇▇▇▇ ABA #: ▇▇▇▇▇▇▇▇▇ Account Number: 0002680157 Swift ID: ▇▇▇▇▇▇▇▇ 4.4 Client does not have the Project Managerright to set off counterclaims against any sums due to ECI under this Agreement. 2.3 Payments 4.5 If and to the Contractor pursuant extent that any SOW refers to this Purchase Order the execution of a PCF as a condition of payment, the PCF shall be made no later than deemed accepted if Client has commenced the use of the functionality(ies) provided, or Client fails to respond with proper objections to the PCF within five (5) Business Days of receipt thereof. 4.6 All payments due for over 30 days shall accrue interest and be compounded at the rate that is the lower of (i) one and one half percent (1.5%) per month, or portion thereof, or (ii) the maximum amount allowed by law from the date first billed. In the event of any failure to pay any amount within thirty (30) days after of the University's date due: 4.6.1 ECI may, without prejudice to its remaining rights, suspend performance of ECI Services until all amounts due are received by ECI. All charges continue to accrue and remain payable in full throughout any such period of suspension. 4.6.2 Client shall also pay ECI, upon demand, all reasonable expenses incurred by ECI to collect any amount due to it or to enforce any other right of ECI, hereunder, including but not limited to costs, disbursements, and reasonable attorneys’ fees, whether or not litigation is commenced, in addition to all other rights and remedies available to ECI. 4.7 In the event of any good faith dispute concerning the amounts due to ECI or any part thereof, Client shall pay any undisputed amounts to ECI, withhold the disputed balance and give notification of such a dispute to ECI within twenty (20) days of the receipt of a proper invoice from the Contractorpayment request or invoice. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect ECI shall continue to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work perform its duties under this ContractAgreement while it investigates such dispute and provides a response within a reasonable time. Payment will be issued on services renderedIf the dispute (or any portion) is resolved in favor of ECI, Client must pay the disputed amount within ten (10) Business Days of receipt of ECI’s response. Adjustments If all amounts found due by ECI are not paid within ten (10) Business Days of receipt of ECI’s response, ECI may, without prejudice to payments for non-performance may be taken by the Universityits remaining rights, as exercise its sole discretionrights under clauses 4.6.1 and 4. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables must be approved in advance in writing by UBalt.

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed In consideration of the fees provided complete, safe, and timely provision of the services and/or goods specified in this Agreement Purchase Order (the “Work”), MGE shall pay Contractor in accordance with the price specified on the face of this Purchase Order (the “Contract Price”). Contractor shall invoice MGE in a timely fashion and all such rates/fee include all expenses in conformance with any invoice dates specified on the performance face of the Servicesthis Purchase Order. Payments shall be made upon acceptance of deliverables as outlined in MGE agrees to pay Contractor per payment terms specified on this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Departmentor if none are listed, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than then within thirty (30) calendar days after the University's receipt of a proper invoice from Contractor's invoice. Payment shall be made on the Contractor. Charges for late payment condition that Contractor has provided the Work as required by this Purchase Order; and is not in default of invoices, other than as prescribed by Title 15, Subtitle 1, any of the State Finance and Procurement Articleterms, Annotated Code of Marylandprovisions, or by conditions of this Purchase Order. In the Public Service Commission event that Contractor is in default of Maryland with respect to regulated public utilities as applicableany of the terms, are prohibited. 2.4 The Contractor shall include along with each invoice a summary provisions, or conditions of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the this Purchase Order, Contract number; tax ID numberMGE may withhold any and all payments until such default is cured. The making of any payment to Contractor for work while Contractor is in default or the Work is defective shall not constitute a waiver of such default or MGE's right to have the Work removed, corrected, or reperformed nor shall such payments operate as a waiver of the type right of billingMGE to withhold all further payments or any part thereof until such default is corrected or the Work removed, i.e.corrected, or reperformed. No payments made by MGE shall be considered as evidence of the deliverable; andproper or acceptable provision of the Work, additional information either wholly or in part, nor shall any payment be construed as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as acceptance of any defect related to the current Work or cumulative any part of the Work. Contractor shall, if required by MGE, at time of delivery or when final payment is requested, furnish MGE with a verified certificate showing (a) names of Contractor's suppliers and subcontractors who provided materials or services provided. 2.6 UBalt's approval of periodic payments related to the Work and (b) the materials, equipment, or services supplied by each supplier or subcontractor. Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security furnish lien waivers or other sums will be made from evidence acceptable to MGE that said suppliers or subcontractors have been paid in full or in sufficient amount to justify the requested payment. The final payment to the Contractor. Any reimbursables associated with this Agreement shall be paid to Contractor when the Work is accepted by MGE in accordance with this Purchase Order. Acceptance by Contractor of final payment of the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables must be approved in advance in writing by UBaltprice shall constitute a waiver of all claims against MGE.

COMPENSATION AND PAYMENTS. (if applicable) 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date. 2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Baltimore, MD 21201 or at and the Project Manager. 2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited. 2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement. 2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided. 2.6 UBalt's approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice. 2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion. 2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimburseables must be approved in advance in writing by UBalt.