Common use of FEE AND PAYMENT Clause in Contracts

FEE AND PAYMENT. 3.1 Party A agrees to pay consulting fee (the “Fee”) to Party B. The amount of Fee shall be based on Consulting Service actually requested by Party A, and on head accounts and days devoted by Party B, which shall be confirmed by Party B and inform Party A with written notice (“Payment Notice”). Party A shall pay the Fee fifteen (15) days after Party B deliver the Payment Notice. 3.2 Party B reserves the right to adjust the consulting fee and other reasonable fees in accordance with the actual performance of Party A. 3.3 If Party A is not satisfied with current service provided by Party B and then request to deduct related Fee, or the actual fee paid by Party A is higher than the Service Fee payable under this Agreement, Party A is entitled to deduct corresponding amount from next payment of Service Fee payable to Party B, upon mutual agreement between the Parties.