Compensation to the Contractor Clause Samples
Compensation to the Contractor. 1. The DISTRICT shall compensate the CONTRACTOR as follows:
a. The DISTRICT agrees to pay the CONTRACTOR in accordance with the fee, rate and/or price schedule information set forth in EXHIBIT “A” for the services performed pursuant to this AGREEMENT. In no event shall the total payment to CONTRACTOR exceed <<NOT TO EXCEED AMOUNT WRITTEN>> DOLLARS ($<<NOT TO EXCEED AMOUNT CURRENCY>>) for performing the services required by this AGREEMENT and EXHIBIT “A”, unless the PARTIES execute a written amendment to this AGREEMENT with a revised “not to exceed” total.
b. CONTRACTOR shall invoice costs monthly, or another periodic basis approved by the DISTRICT, for the services provided pursuant to this AGREEMENT from the time the CONTRACTOR begins work on the PROJECT. All costs must be supported by an invoice, receipt, or other acceptable documentation as determined by the DISTRICT.
c. Except as expressly provided herein, CONTRACTOR agrees that no other compensation, fringe benefits, or other remuneration is due to CONTRACTOR by the DISTRICT for services rendered under this AGREEMENT. CONTRACTOR shall not apply for or receive statutory benefits available to employees of the DISTRICT because CONTRACTOR is not an employee of the DISTRICT; rather, CONTRACTOR is operating under a personal services agreement pursuant to Education Code section 45103.1(b)(2) and has only the rights defined by this AGREEMENT.
2. The CONTRACTOR shall submit one (1) invoice monthly to the DISTRICT for the fees incurred during the billing period and reimbursable expenses (if any). Invoices for fees must reflect the date of the service, identify the individual performing the service, state the hours worked and rate charged, and describe the service performed. Invoices requesting reimbursement for reimbursable expenses incurred during the billing period must clearly list items for which reimbursement is being requested and be accompanied by proper documentation (e.g. receipts, invoices) including a copy of the DISTRICT's authorization notice for invoiced item(s). The DISTRICT shall make payment to the CONTRACTOR of the approved invoiced amount within forty-five (45) days of the DISTRICT's receipt of the approved invoice.
3. The DISTRICT may withhold, or on account of subsequently discovered evidence, nullify the whole or a part of any payment to such extent as may be necessary to protect the DISTRICT from loss, including costs and attorneys’ fees, on account of: (1) defective or deficient wo...
Compensation to the Contractor. 1. The DISTRICT shall compensate the CONTRACTOR as follows:
a. The DISTRICT agrees to pay the CONTRACTOR <<PAY INCREMENT AMOUNT>> per <<PAY INCREMENT>> NOT TO EXCEED $<<NOT TO EXCEED AMOUNT>> for services performed pursuant to this AGREEMENT.
b. CONTRACTOR shall invoice costs monthly, or after completion of services, whichever comes first, for the services provided pursuant to this AGREEMENT from the time the CONTRACTOR begins work on the PROJECT. All costs must be supported by an invoice, receipt, or other acceptable documentation as determined by the DISTRICT.
Compensation to the Contractor. 2.1 In consideration for the services to be provided by the Contractor, the Company shall pay the Contractor a service fee consisting of an aggregate monthly cash payment in advance in the amount of Euro Five Thousand (€ 5,000.00) per month plus expenses and shall grant the Contractor or its assign(s) an option to acquire a total of 250,000 common shares in the capital of the Company (including an option to ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ to acquire 50,000 common shares) at an exercise price of $0.70 per common share. The parties acknowledge and agree that Euro One Thousand (€ 1,000.00) of the service fee shall be paid to ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ per month.
2.2 The Company agrees to forthwith, upon presentation of an invoice therefore, reimburse the Contractor for all travel and other expenses actually and properly incurred by the Contractor in connection with carrying out its duties arising hereunder and directly related to activities carried out on the Company's behalf including hotel, airfare, train, mileage and other travel expenses incurred in order to attend at meetings with or on behalf of the Company, provided that such expenses shall have been pre-approved by the Company.
2.3 For all special services, not within the scope of the Agreement, the Company shall pay to the Contractor such fee(s) as, and when, the parties shall determine in advance of performance of said special services, provided the Company has agreed to said special services in advance.
Compensation to the Contractor. (▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇) will be on a monthly basis at the satisfactory completion of that month’s activity. The contract work shall be on a fixed- price contract basis, not to exceed $ 9,600; paid on a monthly basis at $800.00 per month.
Compensation to the Contractor. As compensation for the services of the Contractor hereunder, the Contractor shall be paid a “Basic Management Fee” for the management and operation of the Facility, including providing cleaning and security services and all other services mentioned herein, less any deductions incurred or assessed as liquidated damages. The Basic Management Fee stated on the Bid Page shall be paid on a monthly basis pursuant to this Contract. In addition, the Contractor shall receive an “Incentive Fee” in which it will be compensated on an annual basis after the commencement of this Contract if the Facility’s revenue exceeds the revenue target in accordance with Appendix V of this Contract. The Basic Management Fee shall be effective from the date on which the Contractor takes charge of the actual physical operation of the Facility. Such date shall be designated in writing by the Commissioner. The Basic Management Fee for a portion of the first calendar month shall be computed at the rate of 1/30 of the monthly fee for each day of service. The first and last payment of this Contract for the specified time period is equivalent to one month’s Basic Management Fee. The following shall be included in the Basic Management Fee paid to the Contractor:
a. Payroll expenses for personnel at the Facility as referenced in Section 4.2.5 of this Contract.
b. Insurance premiums as referenced in Section 4.2.4 of this Contract.
c. Operating expenses as described in Section 4.2.8 of this Contract.
d. All services described in Section 4.2.5B, 4.2.7, 4.2.11, 4.2.12, 4.2.13, 4.2.14and 4.2.15 of this Contract.
e. The cost of managing the Facility, including but not limited to the employing and direction of Facility employees, setting up and carrying out work schedules, recommending operating procedures and policies and effectuating approved procedure and policy changes, handling customer complaints, damage claims, arranging and supervising proper handling of Facility funds, supervising the preparation of required operating reports, maintaining close liaison between the Contractor and the Commissioner, maintaining all equipment and all other services required to be furnished hereunder.
f. Recording, for audit purposes, the license plate numbers of all vehicles still in the Facility at closing. The Contractor is charged with the responsibility of exercising proper care and accuracy in the preparation of all required reports and records.
g. Storing used parking tickets in a secure place where they...
Compensation to the Contractor. As payment for the services to be provided as set fo1th herein, the Contractor shall be paid at the rates set forth in Exhibit A. Within ten (10) days following the first City Council meeting of each month, the City shall remit to Contractor payment for services rendered the preceding month.
Compensation to the Contractor. As compensation, the Contractor shall be paid for the services mentioned herein less any deductions incurred or assessed as liquidated damages. The fees stated on the bid sheets shall be paid on a monthly basis upon submission, review and approval of invoices as provided for herein, for all work performed pursuant to this Contract. The following shall be included in the bid price and the monthly fee paid to the Contractor and no direct payment will be made for costs incurred in complying with this Contract, except as otherwise provided:
1. Payroll expenses for personnel
2. Operating expenses including transportation and tolls.
3. Bond fees and insurance premiums.
4. Any other services mentioned herein.
5. Contractor's overhead and profit. The Contractor shall submit to the NYCDOT, Meter Collections Unit, and the Assistant Chief of Fiscal Administration, each month, an invoice for the services rendered during the prior month. The amount is to be calculated based on Contractor's bid price as stated on the bid sheets, Item A through Item C multiplied by the number of days and the number of revenue bags processed per day for each service provided. If any of the items are to be billed quarterly, semi-annually or annually, the item will be billed in the month in which service was performed. This formula is to be used throughout the term of the Contract when submitting monthly invoices for payment. Accompanying each month's invoices must be the corresponding copies of all daily pick-up receipts indicating that consignments were delivered in accordance with the instructions set forth herein.
Compensation to the Contractor. For the Contractor’s services under this Agreement, the Company shall pay the Contractor a fee in the amount of $3,000.00 per month for corporate services and $3,000.00 per month for accounting services. The fees shall be reviewed by the Company and the Contractor after the twelfth (12th) month following the date of this agreement. No one-time set-up fee will be charged to the Company by the Contractor.
Compensation to the Contractor. For the Contractor's services under this Agreement, the Company shall pay the Contractor a fee In the amount of $60 per hour with no monthly maximum amount.
Compensation to the Contractor