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1 Fee (Services/Deliverables)
FEE (Services/Deliverables) (Party-1 Buys) - What are the fees?
Flat fee.In consideration for Party-2 performing all obligations under this Agreement, Party-1 agrees to pay Party-2 a flat fee of:
Rate fee.
Hourly Rate.In consideration for Party-2 performing all obligations under this Agreement, Party-1 agrees to pay Party-2 the product of the total number of hours performed by Party-2 multiplied by the following hourly rate(s):
What is the hourly rate for each member of Party-2's personnel?
Daily Rate.In consideration for Party-2 performing all obligations under this Agreement, Party-1 agrees to pay Party-2 the product of the total number of full eight (8) hour days performed by Party-2 multiplied by the following daily rate(s):
What is the daily rate for each member of Party-2's personnel?
Guaranteed maximum fee equal to the lesser of a flat fee, or either an hourly rate fee or daily rate fee.
Guaranteed maximum flat fee.In consideration for Party-2 performing all obligations under this Agreement, Party-1 agrees to pay Party-2 the lesser of: (a) a flat fee of
What is the maximum flat fee?
Hourly rate fee or daily rate fee?
Hourly rate.or (b) the product of the total number of hours performed by Party-2 multiplied by the following hourly rate:
What is the hourly rate for each member of Party-2's personnel?
Daily rate.or (b) the product of the total number of full eight (8) hour days performed by Party-2 multiplied by the following daily rate:
What is the daily rate for each member of Party-2's personnel?
Per Service/Deliverable fee.In consideration for Party-2 providing each of the following, Party-1 agrees to pay Party-2 as follows:
Please list each Service/Deliverable and fee.
Per milestone fee.In consideration for Party-2 achieving each of the following milestones, Party-1 agrees to pay Party-2 as follows:
Please list each milestone and fee.
Other arrangements.In consideration for Party-2's performance under this Agreement, Party-1 agrees to pay Party-2 as follows:
A fee in this context can take many forms, including a flat fee, the total of the hours/days incurred times the hourly/daily rates, a guaranteed maximum fee, a per Service/Deliverable fee, a per milestone fee, or other arrangement.
