Method of Payment and Maximum Compensation Sample Clauses

Method of Payment and Maximum Compensation. In consideration of the satisfactory performance of services the Contractor agrees to provide under this Contract, Prosper Portland agrees to compensate the Contractor a sum not to exceed the amount listed on page 1 of this Contract. Unless stated otherwise, that sum is payable on the basis of the Contractor’s time and materials in accordance with the “Hourly Fee Schedule” and reimbursable expenses below or those contained in any approved Prosper Portland Work Order. The Parties acknowledge that Work Order hour allocations by personnel are estimates only. Actual and therefore invoiced work hours by personnel may vary from those estimates; however, Consultant’s xxxxxxxx will not exceed the Work Order budget nor include xxxxxxxx for personnel not listed on the Work Order without Prosper Portland’s prior consent (per Section 3.3 below).