Annual Services Fee. Novartis Pharma shall pay the Consultant an annual services fee of U.S. $1 million, payable in equal monthly installments, in arrears, for the one-year period following the Effective Date (the “Annual Services Fee”). If the Consultant, at his own initiation, ceases to provide the Services and the Agreement is, as a result, terminated prior to the one-year anniversary of the Effective Date (the “Project Completion Date”), Novartis Pharma shall pay the Consultant any remaining and previously unpaid portion of the Annual Services Fee earned through the date of the termination of the Services as soon as practicable (but in no event later than 60 days) following the end of the Term. If the Consultant, at the initiation of Novartis Pharma, ceases to provide the Services and the Agreement is, as a result, terminated prior to the Project Completion Date, Novartis Pharma shall pay the Consultant any remaining and unpaid portion of the total Annual Services Fee as soon as practicable (but in no event later than 60 days) following the end of the Term.
Annual Services Fee. In consideration for the Basic Services and Information Services performed by TRISTAR during the Service Period, TRISTAR shall be entitled to and Client shall pay TRISTAR in accordance with Section A.4, subject to any adjustments made in accordance with Subsection A.3.3, the following annual fees (“Annual Services Fee(s)”) each year in four (4) equal quarterly installments (“Quarterly Installment(s)”), in advance: Claims Administration Service Annual Fee (claims reported to TRISTAR in the period listed) Annual Fee Quarterly Installment October 1, 2021 – September 30, 2022 Workers’ Compensation $53,924.00 $13,481.00 Liability, Lines included $13,481.00 $3,370.00 Total: $67,405.00 $16,851.00 Option Year 1 (October 1, 2022 – September 30, 2023) Workers’ Compensation $56,081.00 $14,020.25 Liability, Lines included $14,020.00 $3,505.00 Total: $70,101.00 $17,525.25 Option Year 2 (October 1, 2023 – September 30, 2024 Workers’ Compensation $58,324.00 $14,581.00 Liability, Lines included $14,581.00 $3,645.25 Total: $72,905.00 $18,226.25
Annual Services Fee. In consideration for the Basic Services, Data Conversion Services, and Information Services performed by TRISTAR during the Service Period, TRISTAR shall be entitled to and Client shall pay TRISTAR in accordance with Section A.4, subject to any adjustments made in accordance with Subsection A.3.3, the following annual fees (“Annual Services Fee(s)”) each year in four (4) equal quarterly installments (“Quarterly Installment(s)”), in advance: ANNUAL PERIOD ANNUAL SERVICES FEE QUARTERLY INSTALLMENT Initial Term 10/1/17 to 9/30/18 ............$65,470.00 $16,367.50 Renewal Terms 10/1/18 to 9/30/19 ............$67,106.80 $16,776.70 10/1/19 to 9/30/20 ............$68,784.40 $17,196.10 Extended Term 10/1/20 to 9/30/21……….$68,784.40… $17,196.10
Annual Services Fee. 3.1 The fee for the Operational Services shall be [insert amount] per annum. This fee shall include maintenance and support services, as described in Schedule 5, as well as training services, the scope of which shall be agreed by the parties.
