Fees for Purchaser Resources Clause Samples
Fees for Purchaser Resources. Seller shall pay Purchaser for any of Purchaser’s employees, agents, or “Continuing Employees” (as that term is used in the Purchase Agreement), (collectively, the “Resources”) that are used to satisfy a Request for Services delivered by the Seller. Purchaser shall charge the Seller the “Fully Burdened Labor Costs” for each Resource that the Seller uses on an hourly basis. For purposes of this Agreement, “Fully Burdened Labor Costs” means the hourly base salary per Resource multiplied by 1.1775. Each month, Purchaser shall invoice Seller for the Resources used and the Seller shall pay such invoice within thirty (30) days of the invoice date.
