Common use of SERVICE FEES FOR FREELANCERS Clause in Contracts

SERVICE FEES FOR FREELANCERS. Freelancers pay Upwork a Service Fee (as defined in this Section 5.1) for the use of the Site. Upwork charges service fees to Freelancers, as set forth in the Fee and ACH Authorization Agreement, for using the Site’s communication, invoicing, reporting, dispute resolution and payment services, including facilitating arbitration services and Hourly Payment Protection, as described in the applicable Escrow Instructions (the “Service Fees”). The Service Fees (to use the Site and Site Services) are paid solely by Freelancer. When a Client pays a Freelancer for a Project or when funds related to a Project are otherwise released to a Freelancer as required by the applicable Escrow Instructions (See Section 6.1), Upwork Escrow Inc. (“Upwork Escrow”) will credit the Freelancer Escrow Account for the full amount paid or released, and then subtract and disburse to Upwork the Service Fee. Freelancer hereby irrevocably authorizes and instructs Upwork Escrow to deduct the Service Fee from the Freelancer Escrow Account and pay Upwork on Freelancer’s behalf. In the event the Freelancer chooses to withdraw funds in a currency other than U.S. dollars, there may also be a there may also be a foreign currency conversion charge; the rate may differ from rates that are in effect on the date of the payment and you may be able to obtain a better rate from your bank or financial institution.

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

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SERVICE FEES FOR FREELANCERS. Freelancers pay Upwork a Service Fee (as defined in this Section 5.1) for the use of the SiteSite Services. Upwork charges service fees to Freelancers, as set forth in the Fee and ACH Authorization AgreementAgreement and the Direct Contract Terms, for using the Site’s communication, invoicing, reporting, dispute resolution and payment services, including facilitating arbitration services and Hourly Payment Protection, as described in the applicable Escrow Instructions (the “Service Fees”). The Service Fees (to use the Site and Site Services) are paid solely by Freelancer. When a Client pays a Freelancer for a Project or when funds related to a Project are otherwise released to a Freelancer as required by the applicable Escrow Instructions (See Section 6.1), Upwork Escrow Inc. (“Upwork Escrow”) will credit the Freelancer Escrow Account for the full amount paid or released, and then subtract and disburse to Upwork the Service Fee. Freelancer hereby irrevocably authorizes and instructs Upwork Escrow to deduct the Service Fee from the Freelancer Escrow Account and pay Upwork on Freelancer’s behalf. In the event the Freelancer chooses to withdraw funds in a currency other than U.S. dollars, there may also be a there may also be a foreign currency conversion charge; the rate may differ from rates that are in effect on the date of the payment and you may be able to obtain a better rate from your bank or financial institution.

Appears in 1 contract

Samples: User Agreement

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