Compensation to the Consultant.
7.1 For the BASIC SERVICES provided for in this Agreement, as defined in Section 3.10, the COUNTY agrees to pay the CONSULTANT as follows:
A Lump Sum Fee of: for the Task 1 – General Task Phase of the PROJECT. A Lump Sum Fee of: for the Task 2 - Phase of the PROJECT. A Lump Sum Fee of: for the Task 3 –Phase of the PROJECT. A Lump Sum Fee of: for the Task 4 –Phase of the PROJECT. A Lump Sum Fee of: for the Task 5 –Phase of the PROJECT A Lump Sum Fee of: for the Task 6 –Phase of the PROJECT A Lump Sum Fee of: for the Task 7 –Phase of the PROJECT The above fees shall constitute the total not to exceed amount of ($) to the CONSULTANT for the performance of Basic Services. All man hours are billed per the established and agreed hourly rates. The hourly rates are fully loaded and include all labor, overhead, expenses and profit of any nature including travel within the Tampa Bay Metropolitan Statistical area. Travel outside of that area will be reimbursed in accordance with Section 112.061 F.S.
7.2 For the OPTIONAL SERVICES provided for in the Agreement, as defined in Exhibit A, the COUNTY agrees to pay the CONSULTANT as follows:
A Lump Sum Fee of: ($) for the Task 8a of the PROJECT
7.3 For any CONTINGENCY SERVICES performed, the COUNTY agrees to pay the CONSULTANT, a negotiated fee based on the assignment, up to a maximum amount not to exceed ($) for all assignments performed.
7.4 Total agreement amount ($).
7.5 For any ADDITIONAL SERVICES, the COUNTY agrees to pay the CONSULTANT a negotiated total fee based on the work to be performed as detailed by a written amendment to this Agreement.
7.6 In the event that this Agreement is terminated under the provisions of this contract the total and complete compensation due the CONSULTANT shall be as established by the COUNTY based on the COUNTY’S determination of the percentage of work effort completed to date of termination.
Compensation to the Consultant. 1. The DISTRICT shall compensate the CONSULTANT as follows:
a. The DISTRICT agrees to pay the CONSULTANT in accordance with the rate and price schedule information set forth in EXHIBIT “A” for performing the basic services set forth in Article I, Article II and EXHIBIT “A” of this AGREEMENT. In no event shall the total payment to CONSULTANT exceed DOLLARS ($ ) for performing the basic services set forth Article I, Article II and EXHIBIT “A” of this AGREEMENT. Payment under this section includes the cost of the geotechnical observation, engineering and testing services necessary for the PROJECT including the furnishing of all materials, apparatus, labor and any required insurance for exploration procedures, sampling, field and laboratory testing, preparing and submitting boring logs and reports and other geotechnical services as set forth in EXHIBIT “A”.
b. The CONSULTANT shall invoice all fees and/or costs monthly for the basic services that are provided in accordance with this AGREEMENT from the time the CONSULTANT begins work on the PROJECT. The CONSULTANT shall submit one (1) invoice monthly to the DISTRICT detailing all the fees associated with the applicable progress or services performed, reimbursable expenses (if any), and Additional Services (if any) incurred for the monthly billing period. Invoices requesting reimbursement for expenses incurred during the billing period must clearly list items for which reimbursement is being requested and be accompanied by proper documentation (e.g., receipts, invoices), including a copy of the DISTRICT’s authorization notice for the invoiced item(s), if applicable. Invoices requesting payment for Additional Services must reflect the negotiated compensation previously approved by the DISTRICT and include a copy of the DISTRICT’s written authorization notice approving the Additional Services and the additional compensation approved by the DISTRICT. No payments will be made by the DISTRICT to the CONSULTANT for monthly invoices requesting reimbursable expenses or Additional Services absent the prior written authorization of the DISTRICT. The DISTRICT’s prior written authorization is an express condition precedent to any payment by the DISTRICT for Additional Services or reimbursable expenses and no claim by the CONSULTANT for additional compensation related to Additional Services or reimbursable expenses shall be valid absent such prior written approval by the DISTRICT.
c. The DISTRICT shall, within 30 days of rece...
Compensation to the Consultant. The Consultant will be compensated for the Consulting Services by way of the Company paying the Consultant US $8,000 per month payable on the last day of each month.
Compensation to the Consultant. 7.1 The COUNTY shall compensate the CONSULTANT for authorized Work Assignments using the following methods of compensation. The method of compensation shall be determined by the COUNTY based on the Work Assignment to be performed.
A. For Work Assignments where the scope can be reasonably defined, and have a specific time frame, compensation shall be a lump sum fee negotiated and agreed upon prior to the assignment’s authorization. This fee shall be the total and complete amount payable to the CONSULTANT for performance of the Work Assignment and shall include the cost of all labor, overhead, profit, and expenses of any nature.
B. For indeterminate Work Assignments, compensation shall be on a hourly rate basis, Compensation shall be for the actual work performed in accordance with the schedule of rate value attached to this AGREEMENT and incorporated herein as Exhibit A.
7.2 The upset limit for all compensation to be paid under the maximum five (5) year term of this Agreement is an amount not to exceed One Million Six Hundred Thousand dollars ($1,600,000.00). Total payments to the CONSULTANT may not exceed this amount without Board of County Commissioners or County Administrator’s approval to raise this upset limit.
7.3 In the event that this Agreement is terminated under the provisions of this contract the total and complete compensation due the CONSULTANT shall be as established by the COUNTY based on the COUNTY’S determination of the percentage of work effort completed to date of termination.
Compensation to the Consultant. The DISTRICT shall compensate the CONSULTANT as follows:
Compensation to the Consultant. 1. The DISTRICT shall compensate the CONSULTANT as follows:
a. The DISTRICT agrees to pay the CONSULTANT in accordance with the fee, rate and/or price schedule information set forth in EXHIBIT “A”, inclusive of reimbursable expenses, for performing the basic services required by this AGREEMENT subject to the limitations set forth herein this Article VI, Section 1(a). In no event shall the CONSULTANT’s compensation exceed Dollars ($ ) for performing all the basic services detailed in Article II and EXHIBIT “A”. CONSULTANT shall invoice costs monthly for the services provided pursuant to this AGREEMENT from the time the CONSULTANT begins work on the PROJECT. All costs must be supported by an invoice, receipt, or other acceptable documentation.
b. Invoices requesting payment for Additional Services performed in accordance with Article VII below must reflect the compensation approved by the DISTRICT and include a copy of the DISTRICT’s written authorization. The DISTRICT’s prior written authorization is an express condition precedent to any payment by the DISTRICT for Additional Services and no claim by the CONSULTANT for additional compensation related to Additional Services shall be valid absent such prior written approval by the DISTRICT to proceed with such Additional Services as required by Article VII.
Compensation to the Consultant. The Consultant shall be compensated for the Consulting Services by way of the Company issuing 100,000 restricted shares of common stock of the Company on a post forward stock split basis that was effective March 2, 2007 (the “Consultant Shares”) to the Consultant within 10 days of the full execution of this Agreement, with such Consultant Shares being deemed to have been earned by the Consultant as of January 1, 2007. The Consultant Shares shall be held in escrow by the Company’s legal counsel acting as the escrow agent in accordance with the terms and provisions of the Escrow Agreement attached hereto as Schedule “A”. If the Consultant is terminated prior to the end of the Term in accordance with this Agreement, then the Parties hererto agree that the percentage of the Consultant Shares equivalent to the number of days remaining in the Term after the date of termination divided by 365 days shall be surrendered by the Consultant to the Company for cancellation. The Consultant agrees that in the case of the Consultan’s termination prior to the completion of the Term, the Company is authorized to provide a copy of the termination notice and written instructions to the escrow agent with respect to the amount of Consultant Shares to be delivered back to the Company for surrender and cancellation, with the Company providing a copy of such written instructions to the Consultant.
Compensation to the Consultant. In the event of termination not the result of a breach by the Consultant, the Consultant shall be compensated for Services performed prior to the effective date of termination or suspension.
Compensation to the Consultant. As compensation for the Services being provided by the Consultant , the Company shall pay to the Consultant a fee (the “Consulting Fee”) of 30% of the sale proceeds of a real estate region under the Company’s franchise system to a regional owner, which regions are more thoroughly described in the Plan, that was a direct result of the Consultant’s efforts, on the 7th day after the Company receives a bank draft or certified cheque from the sale of a real estate region and such bank draft or certified cheque has been cleared. Payment of the Consulting Fee shall be in Canadian currency for the sale of any Canadian real estate regions and in US currency for the sale of any US real estate regions.
Compensation to the Consultant. The Consultant shall be compensated for the Consulting Services by way of the Company paying the Consultant a compensation of US$5,000 per month payable on the last day of each month. However, if the Company is successful in raising US$5,000,000 or more in debt or equity in a single offering, then the Company shall pay the Consultant a compensation of US$15,000 per month payable on the last day of each month. In addition, the Company shall arrange to have 500,000 stock options granted to the Consultant having an exercise price of US$0.50 per share and an expiry date of five years from the date of the grant of such stock options.
