Compensation Invoicing and Payment. A. The maximum amount of this Agreement is an estimate, and the actual amount of work requested by the Authority may be less. No payment shall be made in advance of services rendered.
B. Contractor shall not be entitled to payment for work performed prior to receipt of Notice to Proceed from the Authority’s Contract Manager. No Work shall begin before that time.
C. Invoices shall include the Agreement Number, date prepared, and billing period, actual hours worked (by individual name and position), actual costs for salaries (by position), and fringe, overhead and other direct costs. Contractor shall not be paid for claimed costs or expenses not identified on the Attachment 1 – Budget.
D. For services satisfactorily rendered and approved by the Contract Manager and upon receipt and approval of the invoices, the Authority shall reimburse the Contractor for actual costs incurred. Provide 1 original and 2 copies, as set forth below, of the invoice for payment. Invoices shall be submitted no more than monthly in arrears to:
E. The following certification shall be included on each invoice and signed by the authorized official of the Contractor: “I certify that this invoice is correct and proper for payment, and reimbursement for these costs has not and will not be received from any other sources, included but not limited to a Government Entity contract, subcontract, or other procurement method.”
F. The Authority will accept computer generated or electronically transmitted invoices. The date of “invoice receipt” shall be the date the Authority receives the paper copy.
G. Payments shall be made to the Contractor for undisputed invoices. If the Authority disputes an invoice it shall notify the Contractor within fifteen (15) working days of receipt of the invoice and pay undisputed portions of the invoice in accordance with the Agreement. The invoice may be disputed if additional evidence is required to determine the invoice’s validity, deliverables for the billing period have not been received and approved, inaccuracies of the invoice, or does not otherwise comply with the terms of this Agreement.
H. Positions listed in the Budget, included as Attachment 1, may be changed without an amendment to the Agreement. A request for change must be in writing, on Contractor’s letterhead, and identify the position and rate that is added or removed. There shall be no change in the positions without written approval by the Authority’s Contract Manager.
I. There shall be no chang...
Compensation Invoicing and Payment. (a) Virginia Power shall compensate Alliance for Ancillary Services and all capital improvements approved by Virginia Power and made to the Facilities after the initial construction of the Storage and Blending Facility ******.
(b) The invoicing and payment of Alliance’s compensation for the Ancillary Services will be effected in accordance with Article 6 of the Coal Supply Agreement.
(c) The parties agree that Section 7.6 (Affiliate Pricing Covenant) of the Coal Supply Agreement is incorporated herein by reference.
Compensation Invoicing and Payment. Charges for work performed which had not been authorized by County Counsel. Such work shall be a gratuitous effort by Attorneys.
Compensation Invoicing and Payment. ENGINEER shall be paid on lump sum basis as agreed to and documented within EXHIBIT A. ENGINEER shall invoice OWNER for SERVICES rendered, on a monthly basis for SERVICES provided in the previous month. ENGINEER shall provide Tax ID Number upon execution of this AGREEMENT. Tax I.D. Number 00-0000000 A monthly progress report describing the tasks accomplished in the previous month shall accompany each invoice. OWNER will pay ENGINEER in accordance with terms in EXHIBIT A. Acceptance of final payment by ENGINEER shall release OWNER from any and all claims for SERVICES and expenses.
Compensation Invoicing and Payment. Compensation for services provided under this Contract shall be provided on a Cost Reimbursement –Billing Salary Rate basis, a Cost Reimbursement - Hourly Billing Rate basis, a Lump Sum basis, or a combination thereof, at the sole discretion of the CITY. For the Cost Reimbursement – Billing Salary Rate basis, compensation is defined as the sum of: (1) Billing Salary Rates; (2) Overhead;
Compensation Invoicing and Payment. Compensation for services provided under this Contract shall be provided on a Cost Reimbursement –Hourly Salary Rate basis, a Cost Reimbursement - Hourly Billing Rate basis, a Lump Sum basis, or a combination thereof, at the sole discretion of the CITY. For the Cost Reimbursement – Hourly Salary Rate basis, compensation is defined as the sum of: (1) Hourly Salary Rates; (2) Overhead; (3) Other Direct Cost with no markup; (4) Subcontract Expenses plus administrative fee as stated herein; and (5) Profit as defined herein. For the Cost Reimbursement – Hourly Billing Rate basis, compensation is defined as the sum of: (1) Hourly Billing Rates; (2) Other Direct Cost with no markup; and (3) Subcontract Expenses plus administrative fee as stated herein. For the Lump Sum basis, compensation is defined solely as the Lump Sum.
10.1 Cost Reimbursement – Hourly Salary Rate Basis
10.1.1 Hourly Salary Rates" shall be at the rates approved by the ENGINEER, to be charged by CONSULTANT for employees' time directly chargeable to their performance of the project work. Actual CONSULTANT salaries may be increased at the discretion of CONSULTANT’s management. However, Hourly Salary Rate increases are limited to once per year, per employee, on the anniversary date of the CONSULTANT’s Contract execution, and are subject to the approval of the ENGINEER. Any such increases shall be in accordance with established Bureau of Engineering policies existing at the time the adjustment is approved. In no case shall the "Hourly Salary Rates" exceed the actual salary rates paid to the employee. If a CONSULTANT employee is promoted to a new classification or position, documentation shall be provided to the ENGINEER. CONSULTANT shall provide explanation of the higher responsibilities of the CONSULTANT employee in the new classification or position. CONSULTANT may increase the Hourly Salary Rate due to promotion, subject to the approval of the ENGINEER. Subconsultant Hourly Salary Rates are negotiated by Task Order. Any adjustments to subconsultants’ Hourly Salary Rates for a Task Order shall be reviewed and approved by the ENGINEER prior to invoicing. Adjustments to subconsultants’ Hourly Salary Rates may be increased one time per year, per employee, on the anniversary date of the CONSULTANT’S Contract execution, and are subject to approval of the ENGINEER. Any such increases shall be in accordance with established Bureau of Engineering policies existing at the time the adjustment is approved.
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Compensation Invoicing and Payment. (a) BioBridges shall provide certain Services for Client Projects on a time and materials basis as set forth in the applicable Service Order. Client agrees to pay BioBridges for Services at the rates stated in the applicable Service Order. BioBridges will submit weekly invoices to Client for Services actually rendered based on timesheets for each BioBridges Project. Invoices shall be sent by email to cxxxxxxx@xxxxxxx-xxxxxx.
Compensation Invoicing and Payment. (a) WESTON will pay CONSULTANT for work performed for WESTON as specifically assigned and defined by WESTON at the rates presented in Purchase Order Releases and will reimburse CONSULTANT at cost its reasonable travel, associated food and lodging and auto rental expenses approved by WESTON and incurred in the performance of Services up to the maximum amount specified in Purchase Order Releases. In consideration of the remuneration set forth herein and for other good and valuable consideration acknowledged as having been received but not specifically set forth in this Agreement, CONSULTANT hereby agrees to release WESTON from any and prior claims which CONSULTANT may have against 6 Exhibit 10.19
Compensation Invoicing and Payment. 3.1 For its Services rendered hereunder, Consultant shall receive compensation equal to five percent (5 %) of the total, or portion of the total " Sale Price" actually received by the Client from a Covered Customer, which is not an existing customer of the Company ("Existing Customer"), of any sale of product within the Field Of Use made by Client during the Term to a Covered Customer or otherwise made by Client as a direct result of Consultant's efforts hereunder during the Term. ("Base Compensation"). For purposes of this Agreement, "Sales Price " shall mean the dollar amount representing the invoiced amount that the customer pays to the client. Sales made to Existing Customers of the Company shall be compensated on a case by case basis and the final amount of the compensation shall be decided, after discussion with the Consultant, in the sole discretion of the Company. For the purposes of this agreement Existing Customer shall mean any customer, or affiliate or associate of that customer, with which the Company has an existing relationship or The Company can demonstrate that the sale has come about as a result of the Company's activities with the Existing Customer.
Compensation Invoicing and Payment. 3.1 In consideration for the Services to be provided by Consultant to Client, Consultant will bill for services on an hourly basis at a rate of $225 per hour. Consultant will submit invoices on a bi-weekly basis. Payment shall be made within 15 days. In addition to the above cash compensation, in connection with entering into this Agreement, Client agrees to issue Consultant shares of Client’s common stock in an amount equal to $300,000 which will be payable as follows: commencing on Monday, November 11, 2024 such number of shares of Client’s common stock in an amount equal to by $300,000 divided by the closing price of Client’s common stock on the preceding trading day. Consultant agrees and acknowledges that the shares of common stock being issued to Consultant are in lieu of a cash bonus of $300,000 that was payable to Consultant in 2024.
3.2 Aside from that compensation specifically described in this Section 3, no other compensation of any kind shall be due or payable to Consultant by the Client for any Services rendered hereunder.
