Common use of Compensation to Contractor Clause in Contracts

Compensation to Contractor. As full compensation for Contractors services under this agreement, Client agrees to pay Contractor a commission of 15% of the full sales price (including purchase price, freight, taxes and all other costs) of equipment purchased by the Partnership from the Client. The commission shall be paid by the Client concurrently with payment by the Partnership. Contractor represents that the commission is sufficient to support all costs and normal expenses required to effect the funding and offering of Units of the Partnership.