Fee Modification. Effective December 18, 2004, in addition to the fees contemplated by Section 2 of the Original Agreement, Consultant’s hourly rate of $140.00 shall be increased to $180.00 per hour for services Consultant performs at the request of, and on behalf of, the Company, subject to the aggregate compensation limitation under the Original Agreement of $250,000 for any calendar year. The proviso of Section 1 (which relates to activities not subject to an hourly rate) of that certain Consulting Agreement Addendum dated as of March 6, 2003 shall remain in effect.
Fee Modification. In the event that the Company consummates the Transaction, CF&CO agrees that it will forfeit $900,000 of the aggregate Deferred Fee that would otherwise be payable by the Company to CF&CO, pursuant to the Underwriting Agreement, resulting in a remainder of $2,100,000 (the “Reduced Deferred Fee”). For the avoidance of doubt, such fee reduction agreement only applies to the consummation of the Transaction and not to any other potential Business Combination that may be contemplated or consummated by the Company.
Fee Modification. In consideration of the work to be performed by Architect pursuant to Section 1 of this Third Amendment the fee to be paid to Architect pursuant to Section 11.2.2 of the Agreement, as amended, shall be modified to include an amount not to exceed $25,000.
Fee Modification. Effective March 6, 2003, in addition to the fees contemplated by Section 2 of the Original Agreement, Consultant shall be paid the lesser of $140 per hour or $1000 per day, for services Consultant performs at the request of, and on behalf of, the Company, subject to the aggregate compensation limitation under the Original Agreement of $250,000 for any calendar year; provided, that such fees shall not be available for SOURCECORP Board of Director related activities or (preclosing) acquisition related activities, which Board related activities are compensated for in accordance with the then prevailing Board compensation structure and which (preclosing) acquisition related activities are compensated for under Section 2 of the Original Agreement.
Fee Modification. Adjustment to the fee may only be made in writing to memorialize the mutually agreed changes to cost and work performed, and such writing must be affixed to this Agreement with signatures of both Parties as Exhibit J.
Fee Modification. Effective January 1, 2005, Consultant’s aggregate compensation limitation under the Original Agreement of $250,000 for any calendar year shall be increased to $320,000 for any calendar year for services Consultant performs at the request of, and on behalf of, the Company. The proviso of Section 1 (which relates to activities not subject to an hourly rate) of that certain Consulting Agreement Addendum dated as of March 6, 2003 shall remain in effect.
