METHOD OF COMPENSATION and PAYMENT OPTIONS Sample Clauses

METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to:  Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor;  Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the Contract;  Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Contract.
Sample 1Sample 2See All (7)
AutoNDA by SimpleDocs
METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to: Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Contract.
Sample 1
METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Work Order Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Work Order Contract may be adjusted by Agency or renegotiated to: • Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor; • Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the Work Order Contract; • Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Work Order Contract.
Sample 1

Related to METHOD OF COMPENSATION and PAYMENT OPTIONS

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Compensation and Payment Terms A. Subject to the satisfactory performance of the services required of Contractor pursuant to this Agreement, and to the terms and conditions set forth in this Agreement, and following Contractor’s submission of an appropriate claim, and such other documentation that the County may require, County shall pay Contractor according to the terms set forth in Exhibit C, Terms of Payment. Contractor agrees to accept the foregoing payments as full and complete payment for all services provided pursuant to this Agreement, irrespective of whether the cost of such services and related administrative expenses exceed such payments.

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

  • Compensation and Method of Payment Subject to any limitations set forth below or elsewhere in this Agreement, District agrees to pay Consultant the amounts specified in Exhibit B “Compensation”. The total compensation, including reimbursement for actual expenses, shall not exceed Four Thousand Five Hundred Dollars ($4,500.00), unless additional compensation is approved in writing by the District.

  • COMPENSATION AND PAYMENTS 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Total Contract Amount $0.00

  • Method of Salary Payment Section One. Workers'

  • Method of Payment Payment of the aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of the Optionee:

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Time and Method of Payment (Amounts Distributed by the Administrative Agent). Except as otherwise provided in Section 4.02, all amounts payable to any Funding Agent or Investor hereunder or with respect to the Series 2019-1 Class A-1 Advance Notes shall be made to the Administrative Agent for the benefit of the applicable Person, by wire transfer of immediately available funds in Dollars not later than 3:00 p.m. (Eastern time) on the date due. The Administrative Agent will promptly, and in any event by 5:00 p.m. (Eastern time) on the same Business Day as its receipt or deemed receipt of the same, distribute to the applicable Funding Agent for the benefit of the applicable Person, or upon the order of the applicable Funding Agent for the benefit of the applicable Person, its pro rata share (or other applicable share as provided herein) of such payment by wire transfer in like funds as received. Except as otherwise provided in Section 2.07 and Section 4.02, all amounts payable to the Swingline Lender or the L/C Provider hereunder or with respect to the Swingline Loans and L/C Obligations shall be made to or upon the order of the Swingline Lender or the L/C Provider, respectively, by wire transfer of immediately available funds in Dollars not later than 3:00 p.m. (Eastern time) on the date due. Any funds received after that time on such date will be deemed to have been received on the next Business Day. The Master Issuer’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Master Issuer to the Administrative Agent as provided herein or by the Trustee or Paying Agent in accordance with Section 4.02, whether or not such funds are properly applied by the Administrative Agent or by the Trustee or Paying Agent. The Administrative Agent’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Administrative Agent to the applicable Funding Agent as provided herein whether or not such funds are properly applied by such Funding Agent.

  • METHOD OF BILLING AND PAYMENT (a) For lump sum contracts, the Consultant may submit bills to the County at the completion and approval of each task or at the partial completion of a task on a pro-rata basis. However, requests for payment shall not be made more frequently than once a month. The Consultant shall submit such monthly statements identifying the nature of the work performed. Calculations shall be made monthly of the amount and value of the work accomplished and services performed by the Consultant which meet the standards of quality established under this Agreement. The estimates shall be prepared by the Consultant and accompanied by such supporting data as required by the Contract Administrator.

Time is Money Join Law Insider Premium to draft better contracts faster.