OPERATOR'S FEE. 5.01 Except if Subsection 4.07(d) applies, the Optionee shall pay the Operator a fee for its services with respect to Programs as follows, which amount shall be paid promptly upon being invoiced: (a) 10% for each individual contract which is not more than $100,000; (b) 8% for each individual contract which exceeds $100,000; (c) 10% of all other Costs not included in clauses 5.01(a) and 5.01(b).
Appears in 4 contracts
Samples: Mining Option Agreement (Pana-Minerales S.A.), Mining Option Agreement (Coastal Pacific Mining Corp), Mining Option Agreement (Coastal Pacific Mining Corp)
