Common use of Fee Adjustments Clause in Contracts

Fee Adjustments. Fees may be adjusted upon the effective date of an increase or decrease in employee wages, payroll taxes or employee benefit program charges. Client understands and acknowledges that PEO’s costs for such services provided may be greater or less than the amounts actually charged to Client. For administrative fees, Client acknowledges that PEO may propose modifications by written notice to Client given at least 30 days prior to any effective modification date. The Fee Adjustments will automatically become effective on such modification date unless Client gives written notice to PEO rejecting the proposed Fee Adjustments within ten (10) business days after receiving the proposed Fee Adjustments from PEO. If Client rejects the proposed Fee Adjustments, PEO may elect to terminate this Agreement by giving 30 days written notice to Client. This paragraph shall not limit any other termination or other right of PEO under this Agreement.

Fee Adjustments. Fees Non-Administrative fees may be adjusted upon the effective date of an increase or decrease in employee wages, payroll taxes or employee benefit program charges. Client understands and acknowledges that PEO’s costs for such services provided may be greater or less than the amounts actually charged to Client. For administrative fees, Client acknowledges that PEO may propose modifications by written notice to Client given at least 30 days prior to any effective modification date. The Fee Adjustments will automatically become effective on such modification date unless Client gives written notice to PEO rejecting the proposed Fee Adjustments within ten (10) business days after receiving the proposed Fee Adjustments from PEO. If Client rejects the proposed Fee Adjustments, PEO may elect to terminate this Agreement by giving 30 days written notice to Client. This paragraph shall not limit any other termination or other right of PEO under this Agreement.