Common use of Schedule and Amounts Clause in Contracts

Schedule and Amounts. 1 year Customer Success Order – 75% of the remaining billable amount. • 2 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount. • 3-4 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount and 40% of year 3-4 remaining amount. • 5 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount and 40% of year 3-4 remaining amount and 30% of year 5 remaining amount. • The parties acknowledge that the termination charges set forth in this Section 8 are a genuine estimate of the actual damages that NETdepot will suffer and are not a penalty.

Appears in 4 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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