Compensation Rate Schedule Clause Samples
The Compensation Rate Schedule clause defines the specific rates or amounts to be paid for services, work, or deliverables under the contract. It typically outlines how compensation is calculated, such as hourly rates, fixed fees, or payment milestones, and may include tables or appendices listing these rates for different roles or tasks. This clause ensures both parties have a clear understanding of payment expectations, reducing the risk of disputes over compensation and providing a transparent framework for invoicing and payment.
Compensation Rate Schedule. 2.2.1 The rates, terms, conditions in this section apply only to the termination of for ISP-bound Traffic and Federal Telecommunications Act Section 251(b)(5) Traffic, and ISP-bound Traffic is subject to the rebuttable presumption in Section 2.3.
2.2.2 The Parties agree to compensate each other for the transport and termination for ISP-bound Traffic and Federal Telecommunications Act Section 251(b)(5) Traffic on a minute of use basis, at $.0007 per minute of use.
Compensation Rate Schedule. 4.2.1 The rates in this section 4.2 apply only to the termination of ISP-bound Traffic, which is subject to the rebuttable presumption in Section 4.3.