Common use of Floating Fee Clause in Contracts

Floating Fee. In addition to the above mentioned basic annual fee, in each quarter Party B shall pay Party A a floating fee based on the specific situation of the technical support and services provided in that quarter. The floating fee shall be paid quarterly. 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 technical support and services to Party B in such quarter; (ii) Time consumed by employees of Party A for purpose of provision of technical support and service to Party B in such quarter; (iii) All the inputs made by Party A for purpose of provision of technical support and service to Party B in such quarter; and (iv) Contents and value of the technical support and service provided by Party A in such quarter; and (v) Revenue of Party B.