Common use of Payment of Fees for Phase Clause in Contracts

Payment of Fees for Phase. One of the Software Project. CCSI will pay to PENCOM the sum of $95,000 for the Phase One Deliverables based on the following schedule: $47,500 upon the execution of this Agreement; and $47,500 upon CCSI's acceptance of the Phase One Deliverables.

Payment of Fees for Phase. One Two of the Software Project. CCSI will pay to PENCOM the sum of $95,000 115,000 for the Phase One Two Deliverables based on the following schedule: $47,500 57,500 upon PENCOM's commencement of Phase Two of the execution of this AgreementSoftware Project; and $47,500 57,500 upon CCSI's acceptance of the Phase One Two Deliverables.