Common use of Floating Fee Clause in Contracts

Floating Fee. In addition to the above mentioned basic annual fee, Party B shall pay Party A a floating fee annually based on the specific situation of the technical support and services provided. The amount of the floating fee for each quarter shall be determined by the Parties after considering: (i) Quantity and qualification of the employees used by Party A for purpose of provision of consulting and training services to Party B in such quarter; (ii) Time consumed by employees of Party A for purpose of provision of consulting and training services to Party B in such quarter; (iii) Contents and value of the consulting and training services provided by Party A in such quarter; and (iv) Revenue of Party B.