Fees and Invoice. For the Services performed during the term of this Agreement, Matson will pay Consultant a minimum fee of $40,000 per quarter, for which Consultant agrees to provide up to 133 and 1/3 hours of Services. Services performed in excess of 133 and 1/3 hours during such a three-month period shall be billed at a rate of $300.00 per hour. Although the Services to be provided by the Consultant during the term of this Agreement are expected to be significant and ongoing, the parties reasonably anticipate that in all events the level of services provided by Consultant will permanently decrease to no more than 20 percent of the average level of services performed by Consultant over the 36-month period immediately preceding , 2014. When Consultant is traveling to perform services under this Agreement, Consultant shall xxxx a flat rate of 10 hours per day. Within 30 days after the end of each quarter, Consultant will submit a quarterly invoice to the President and Chief Executive Officer that briefly describes the work Consultant performed, the number of hours worked and the total amount due. Matson agrees to pay each invoice within 30 days of receipt and approval of such invoice.
Fees and Invoice. The Contractor will invoice the AOC in accordance with the payment schedule set forth in Exhibit B. The AOC will not make any advance payment for Services. The AOC may withhold ten percent of each invoice until receipt and acceptance by the AOC of all Services and Deliverables.
Fees and Invoice
