Milestone Payment Schedule definition
Examples of Milestone Payment Schedule in a sentence
The Milestone Payment Schedule shall be used as the basis for the preparation of progress invoices as described in Section 7.2.2 below.
Contractor shall be paid in accordance with the Milestone Payment Schedule as set forth in Exhibit I.
Executive’s Base Salary shall be reviewed at least annually by the Board after taking into consideration the Executive’s performance individually and as part of the Company, and the Board may, but shall not be required to, increase the Base Salary during the Employment Term.
The Contract Price shall be paid to GEC in the currency specified by GEC in accordance with the Milestone Payment Schedule, Exhibit C-2, which sets forth the portion of the Contract Price generally allocable to each Milestone.
Without affecting the requirements of Section 7.4, if Contractor fails to achieve any Milestone by the date that is ten (10) days after the date corresponding thereto in the Milestone Payment Schedule, Contractor shall submit a Remedial Plan to Owner, which shall specify the corrective actions Contractor will take and the commencement date of such corrective action, for Owner’s approval, which shall not be unreasonably withheld or delayed.