AGREEMENT COMPENSATION Sample Clauses
The Agreement Compensation clause defines the terms and conditions under which one party will compensate the other for services rendered or obligations fulfilled under the agreement. Typically, this clause outlines the payment structure, such as fixed fees, hourly rates, or milestone-based payments, and may specify timelines for invoicing and payment, as well as any conditions for reimbursement of expenses. Its core practical function is to ensure both parties have a clear understanding of how and when compensation will be provided, thereby reducing the risk of disputes over payment and promoting transparency in the contractual relationship.
AGREEMENT COMPENSATION. A. Subject to the provisions set forth in this Agreement, the County will pay ConsultantName on a monthly basis for authorized and satisfactorily completed work and services rendered under this Agreement. The amounts to be paid to ConsultantName shall be computed as herein set forth. Progress payments shall be full compensation for work performed and services rendered, for all supervision, labor, supplies, materials, equipment or use thereof, taxes, and for all other necessary incidentals, but in no case shall the total progress payment(s) exceed the Total Price as defined herein. The amount to be paid to the Consultant shall be computed as hereinafter set forth; provided, that such payment shall not exceed the Total Price specified in Section 1,
AGREEMENT COMPENSATION. The State agrees to reimburse the County in accordance with Exhibit B-1 of this Agreement.
AGREEMENT COMPENSATION