COMPENSATION TO CONSULTANT. The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.
COMPENSATION TO CONSULTANT. CONSULTANT shall submit periodic statements for services rendered to indicate the percentage of work done by each task as outlined in Exhibit “A” and CITY shall make payments in the amount shown by CONSULTANT’s approved statements and other documentation submitted. No interest shall accrue for late payments. Each invoice shall show the percentage of work completed on each phase of each Project, a brief summary of the work performed, and the total of the invoice amount as well as running total balance. CITY agrees to pay to CONSULTANT for satisfactory completion of all services included in this Contract a total fee not to exceed one hundred twenty five thousand dollars ($125,000.00). The cost estimate for accomplishing the specified Scope of Services is included in Exhibit “A” and billing shall be according to schedule in Exhibit “A”. In the cases where additional tasks are requested, CONSULTANT will not initiate work until authorized by CITY in writing to proceed. The Scope of Services shall be strictly limited. CITY shall not be required to pay any amount in excess of the original amount unless CITY shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts. If at any time it becomes evident that the cost estimates provided to CITY will not be sufficient to complete the authorized work, CONSULTANT will immediately notify CITY in writing of said fact.
COMPENSATION TO CONSULTANT. 1. Attached hereto as Exhibit “B” is a list of Consultant’s and its sub-consultants and/or subcontractor’s key personnel and guaranteed hourly rates. The Services to be performed shall be performed by the personnel listed thereon and at the guaranteed hourly rates set forth in Exhibit “B”. Such hourly rates are fully burdened and no markup of any kind shall be added thereto.
2. The District shall compensate Consultant as follows:
a. The District agrees to pay the Consultant, in accordance with Exhibit “B”, and upon any Task Order issued hereunder, the fee set forth in the Task Order. The fee shall include reimbursable expenses. There may be an occasion where the District agrees to pay the Consultant a lump sum amount for Services provided under a Task Order(s). However, in the absence of the District’s agreement to do so, the fee shall be calculated on the hourly rates in accordance with Exhibit “B”, plus any agreed upon and approved Reimbursable Expenses.
b. Consultant shall invoice the District monthly, or another periodic basis approved by the District, for the Services provided pursuant to this Agreement from the time the Consultant begins work under a Task Order. All invoices must be separated and invoiced per Task Order. All costs must be supported by an invoice, receipt, or other acceptable documentation as determined by the District.
c. Except as expressly provided herein, Consultant agrees that no other compensation, fringe benefits, or other remuneration is due to Consultant by the District for Services rendered under this Agreement or any Task Order(s) issued hereunder. Consultant shall not apply for or receive statutory benefits available to employees of the District because Consultant is not an employee of the District.
d. Compensation and damages payable to Consultant for the District’s termination of Services, other than for cause, are set forth elsewhere in this Agreement.
COMPENSATION TO CONSULTANT. The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference. The Consultant will be solely responsible for all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to the Consultant’s performance of services and receipt of fees under this Agreement. The Company will regularly report amounts paid, if any, to the Consultant by filing Form 1099-MISC and/or other appropriate form with the Internal Revenue Service as required by law. Because the Consultant is an independent contractor, the Company will not withhold or make payments for social security; make contract insurance or disability insurance contributions; or obtain worker’s compensation insurance on the Consultant’s behalf. The Consultant agrees to accept exclusive liability for complying with all applicable state and federal laws governing self-employed individuals, including obligations such as payment of taxes, social security, disability and other contributions based on fees paid to the Consultant under this Agreement. The Consultant hereby agrees to indemnify and defend the Company against any and all such taxes or contributions, including penalties and interest.
COMPENSATION TO CONSULTANT. 6.1 The method of payment for this Agreement will be based on actual cost plus a fixed fee. County will reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the work. Consultant will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant’s Cost Proposal, unless additional reimbursement is provided for by contract amendment. In no event, will Consultant be reimbursed for overhead costs at a rate that exceeds County’s approved overhead rate set forth in the Cost Proposal. In the event, that County determines that a change to the work from that specified in the Cost Proposal and contract is required, the contract time or actual costs reimbursable by County shall be adjusted by contract amendment to accommodate the changed work. The maximum total cost as specified in subsection 6.8 shall not be exceeded, unless authorized by contract amendment.
6.2 In addition to the allowable incurred costs, County will pay Consultant a fixed fee of $(AMOUNT). The fixed fee is nonadjustable for the term of the Agreement, except in the event of a significant change in the scope of work and such adjustment is made by contract amendment.
COMPENSATION TO CONSULTANT. 5.1 Consultant shall submit monthly invoices in arrears indicating for each item of the Work performed, hours of work expended (in quarter-hour increments), hourly rate or rates of persons performing the task, and copies of receipts for reimbursable materials or expenses. Compensation to Consultant shall be paid on a time-and- materials basis, with a cost-not-to-exceed limit of Dollars and no cents ($0.00), in accordance with the fee schedule and list of reimbursable expenses set forth on Attachment B attached and incorporated by this reference. In the event the County determines that a change to the Work from that specified in Attachment B is required, the contract time and/or actual costs reimbursable by the County shall be adjusted by agreement amendment to accommodate the changed work.
5.2 If Consultant's Proposal contains a schedule of tasks or subtasks with identified levels of effort such as estimated hours and/or estimated costs, or identifiable work products, milestones, or other events, then compensation for these individual tasks or activities shall not exceed the identified estimate or other limiting factors without the written approval of County's Project Manager. Consultant shall promptly notify County's Project Manager in writing of any tasks, subtasks, work products, or milestones that need to be reevaluated and indicate the reason and/or justification for such reevaluation. County's Project Manager is authorized to negotiate adjustments of individual tasks so long as the work is within the general scope of the project and the total compensation does not exceed amounts specified in Attachment B.
5.3 County shall make payment to Consultant within 30 days of the invoice for payment, based upon the services described on the invoice and in an amount properly allowed by the County.
5.4 Progress payments will be made monthly in arrears based on services provided. A pro rata portion of the Consultant’s fixed fee will be included in the monthly progress payments. If Consultant fails to submit the required deliverable items according to the schedule set forth in the Scope of Work, Attachment A, the County shall have the right to delay payment and/or terminate this Agreement in accordance with the provisions of Section 4 of this Agreement. Consultant shall submit monthly a Progress Report containing a detailed statement of all services performed and all work accomplished under this Agreement since Consultant’s last monthly Progress Report. Final invo...
COMPENSATION TO CONSULTANT. (a) In lieu of cash and in consideration for the Services, the Company shall issue to the Consultant an aggregate of five hundred thousand shares (500,000.00) of the Company’s common stock, $0.0001 par value per share (the “Consulting Shares”) on the effective date of the Agreement. If the company does not have a sufficient number of authorized shares to issue the Consulting Shares at the time of entry of this Agreement, or the issuance of the Consulting Shares will restrict the ongoing operations of the Company to secure capital or identify acquisition candidates, then in that event the Consulting Shares shall be deemed “Issuable”, and reported on the Company’s financial statements. Following execution of this Agreement the Company will undertake to increase the number of authorized common stock or implement a reverse split of its common stock. If a reverse stock split is implemented and approved, and the Consulting Shares have not yet been issued, then in that event the total number of shares issuable to the Consultant shall be adjusted to reflect the reverse stock split. For purposes of example only, if the Company implements a 1:10 reverse split of its outstanding common stock and the Consulting Shares have not yet been issued, then in that event the Consultant shall receive 50,000 shares of the Company’s common stock.
(i) Consultant has the requisite power and authority to enter into this Agreement. No consent, approval or agreement of any individual or entity is required to be obtained by the Consultant in connection with the execution and performance by the Consultant of this Agreement or the execution and performance by the Consultant of any agreements, instruments or other obligations entered into in connection with this Agreement.
(ii) The Consultant is an “accredited investor,” as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended, and the Consultant is able to bear the economic risk of an investment in the Consulting Shares.
(b) Any commercially reasonable out-of-pocket expenses incurred by Consultant in connection with the performance of the Services (the "Consultant Expenses") shall be reimbursed by the Company within thirty (30) days of Consultant submitting to the Company an invoice that details the amount of the Consultant Expenses and includes written documentation of each expense. Consultant shall not charge a markup, surcharge, handling or administrative fee on the Consultant Expens...
COMPENSATION TO CONSULTANT. Customer shall pay Consultant for the consulting services described on Schedule 1 attached hereto the compensation set forth on Schedule 2 attached hereto.
COMPENSATION TO CONSULTANT. In consideration for the services provided by Consultant described in this Agreement, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Company agrees that it shall pay Consultant the following compensation:
COMPENSATION TO CONSULTANT. (a) In consideration for the Services, the Company shall sell to the Consultant a 5 year warrant, which entitles Consultant to purchase 1,750,000 shares of the Company’s common stock at an exercise price of $0.50 (the “Warrant”) for an aggregate purchase price of One Hundred and Seventy Five Dollars ($175.00). The Warrant shall be issued in substantially the form attached hereto as Exhibit A. The Warrant shall be issued on the date of execution of this agreement. Consultant represents and warrants to the Company that:
(i) Consultant has the requisite power and authority to enter into this Agreement. No consent, approval or agreement of any individual or entity is required to be obtained by the Consultant in connection with the execution and performance by the Consultant of this Agreement or the execution and performance by the Consultant of any agreements, instruments or other obligations entered into in connection with this Agreement.
(ii) The Consultant is an “accredited investor,” as such term is defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended, and the Consultant is able to bear the economic risk of an investment in the Warrant.
(b) Any commercially reasonable out-of-pocket expenses incurred by Consultant in connection with the performance of the Services (the "Consultant Expenses") shall be reimbursed by the Company within thirty (30) days of Consultant submitting to the Company an invoice that details the amount of the Consultant Expenses and includes written documentation of each expense. Consultant shall not charge a markup, surcharge, handling or administrative fee on the Consultant Expenses. The Company acknowledges that Consultant may incur certain expenses during the term of this Agreement, but not receive a xxxx or receipt for such expenses until after the term of this Agreement. In such case, Consultant shall provide the Company with an invoice and documentation of the expense and the Company shall reimburse Consultant for such expenses within five (5) days after receiving such invoice.
