Fees and Extensions Clause Samples

The "Fees and Extensions" clause defines the terms under which fees are charged and the conditions for extending deadlines or project timelines. It typically outlines the payment structure, such as fixed fees, hourly rates, or milestone payments, and specifies the process for requesting and approving extensions, including any additional costs that may arise from such changes. This clause ensures both parties understand their financial obligations and the procedures for adjusting timelines, thereby preventing disputes over payments or delays and providing a clear framework for managing changes to the original agreement.