Common use of Billing Method Clause in Contracts

Billing Method. For the purposes of this Hosting Service Agreement, the billing method shall be as follows: NORTHSTAR shall make a prepayment for the first month’s Hosting Fee in accordance with Section 3.5.1 of the Hosting Services Agreement. For all subsequent Billing Periods, NORTHSTAR shall pay on a prepayment basis as well. Service Provider will issue the invoice of the Service Fees on or before 7th of the month, which shall comprise two components: Prepayment for Next Billing Period and Reconciliation of Previous Billing Period. NORTHSTAR shall pay the net amount due under the invoice (after applying any credits or debits) no later than seven (7) Business Days from the date of the invoice. On-rack Obligation and Fees. ● ☐ A. NORTHSTAR or a third party designated by NORTHSTAR shall on-rack the Hosted Servers, and Service Provider shall cooperate and provide necessary assistance to NORTHSTAR or such third party. NORTHSTAR is not required to pay Service Provider any on-rack fee. ● ☐ B. The Service Provider shall undertake the responsibility of on-racking and powering-on the Hosted Servers, ensuring that a minimum of [ ] Hosted Servers is on-racked and powered-on each day. Service Provider may charge NORTHSTAR an on-rack fee (inclusive of non-deductible taxes/expenses), at the rate of US$[15] per Hosted Server. It is agreed that this on-rack fee encompasses all fees and expenses associated with the unloading at arrival, on-racking, and powering-on of the Hosted Servers. This includes, but is not limited to, unloading the Hosted Miners from the carrier, relocating the Hosted Miners to the racks, disposing or storing of wrapping materials as instructed by NORTHSTAR, and the removal of any waste materials. Any such on-rack fee shall be billed per occurrence, subject to the prior written consent of NORTHSTAR, for the Billing Period during which it occurs. ● ☐ C. A combination of A and B and as specified as follows: .

Billing Method. For the purposes of this Hosting Service Agreement, the billing method shall be as follows: NORTHSTAR shall make a prepayment for the first month’s Hosting Fee in accordance with Section 3.5.1 of the Hosting Services Agreement. For all subsequent Billing Periods, NORTHSTAR shall pay on a prepayment basis as well. Service Provider will issue the invoice of the Service Fees on or before 7th of the month, which shall comprise two components: Prepayment for Next Billing Period and Reconciliation of Previous Billing Period. NORTHSTAR shall pay the net amount due under the invoice (after applying any credits or debits) no later than seven (7) Business Days from the date of the invoice. On-rack Obligation and Fees. ● ☐ A. NORTHSTAR or a third party designated by NORTHSTAR shall on-rack the Hosted Servers, and Service Provider shall cooperate and provide necessary assistance to NORTHSTAR or such third party. NORTHSTAR is not required to pay Service Provider any on-rack fee. ● ☐ B. The Service Provider shall undertake the responsibility of on-racking and powering-on the Hosted Servers, ensuring that a minimum of [ ] Hosted Servers is on-racked and powered-on each day. Service Provider may charge NORTHSTAR an on-rack fee (inclusive of non-deductible taxes/expenses), at the rate of US$[15] per Hosted Server. It is agreed that this on-rack fee encompasses all fees and expenses associated with the unloading at arrival, on-racking, and powering-on of the Hosted Servers. This includes, but is not limited to, unloading the Hosted Miners from the carrier, relocating the Hosted Miners to the racks, disposing or storing of wrapping materials as instructed by NORTHSTAR, and the removal of any waste materials. Any such on-rack fee shall be billed per occurrence, subject to the prior written consent of NORTHSTAR, for the Billing Period during which it occurs. ● ☐ C. A combination of A and B and as specified as follows: :______________.