Fees, Payments and Records. 7.1 The cost of the Services shall be indicative of the type of work undertaken and it is normal procedure for us to provide an estimate or quotation in each instance along with details of our payment terms, headed appropriately as such. If there are any changes in the Clients instructions or in the circumstances of the matter at any time these shall be reflected, as the Client deems fit, in an amended estimate or quotation which shall be provided to the Client at the earliest opportunity. In the event that we are unable to provide an estimate, or we shall keep the Client informed of the work in progress on a periodic basis or upon the Clients request.
Fees, Payments and Records. Company will make all payments in the amounts and according to the schedules set forth in the Attachment to Exhibit B. All payments are non-refundable. Within fifteen (15) business days after the end of each calendar quarter, Company will provide to WPB a report (“Royalty Report”) describing any amounts owed under this Agreement. Any amount payable under this Agreement remaining unpaid for more than fifteen (15) business days after the due date will bear interest at a rate of 1.25% per month from the date such amount is due until the date of actual payment. In the event any amount payable is more than 15 days overdue WPB will have the right to terminate the agreement with immediate effect and all rights will revert back automatically to WPB..WPB may audit the records described herein once per year during regular hours at Company’s offices in a manner that does not interfere unreasonably with Company’s business activities. If an audit reveals that Company has paid at the lesser of $500 or five percent (5%) less than what is required by this Agreement, Company will reimburse WPB for the cost of the audit in addition to the unpaid fees. Where Company is required by any law to withhold from payments due under this Agreement any withholding tax, income tax, corporation tax or similar tax of any kind, Company shall be entitled to withhold such sums but shall supply WPB with information concerning the amount of tax withheld and the type of tax withheld and shall undertake to give WPB reasonable lawful assistance to obtain exemption or refunds in respect of such tax
Fees, Payments and Records. 7.1 The cost of the Services shall be indicative of the type of work undertaken and it is normal procedure for us to provide an estimate or quotation in each instance. Our payment terms are 28 days. If there are any changes in the Client’s instructions or in the circumstances of the matter at any time these shall be reflected in an amended estimate or quotation, which shall be provided to the Client at the earliest opportunity. In the event that we are unable to provide an estimate, or we shall keep the Client informed of the work in progress on a periodic basis or upon the Client’s request.
Fees, Payments and Records
Fees, Payments and Records
