Common use of FEE AND PAYMENT Clause in Contracts

FEE AND PAYMENT. 1. After the agreement is concluded, client owes the fee that is listed in the quotation or order confirmation. 2. Other work and services by the agency will, unless agreed otherwise in writing, be charged to client based on time spent and costs incurred. 3. Client must pay all invoices from the agency on the bank account number indicated by the agency within 30 days of the invoice date. 4. Administrative costs are included in the rates and the cost projections based on those, but not travel expenses, as well as the costs related to the use of large amounts of marketing materials and such. 5. All prices and rates are exclusive of Value Added Tax (VAT) and other duties which are imposed by the government. 6. The agency has the right to, without prior written notice, raise the rate agreed to in the quotation per 1 January of every calendar year based on the average index numbers for collective-agreement salaries and price index numbers of Statistics Netherlands (CBS). 7. Complaints about an invoice or the amount on it or otherwise must be submitted to 2BHonest in writing within 14 days of the invoice date. 8. Failure to pay within the payment period means that the client is legally in default starting the following day, and he will owe the legal interest on the invoice amount. If 2BHonest is forced to take collection measures to collect outstanding invoices, the client will also owe the extralegal costs.