Common use of Performance and Payment Clause in Contracts

Performance and Payment. For the satisfactory performance or service described above, LEISD shall pay the Contractor: A flat fee of or rate of . The maximum amount payable under this contract is . All payments due to Contractor shall be made by a LEISD check upon completion of work and submission of an itemized invoice or reimbursement form with necessary receipts and required documents. A completed and signed W-9 must be on file before payment can be released. Indemnification Clause Contractor agrees to jointly and severally indemnify, defend, and hold LEISD harmless from and against all liability, loss, damage, or expense, including attorney’s fees which may be incurred or sustained by reason of the failure of Contractor to fully perform and comply with the terms and obligations of this Contract.