Alternative Calculation Methods, Retainer/Engagement Fees, Volume Discounts Sample Clauses

Alternative Calculation Methods, Retainer/Engagement Fees, Volume Discounts. The basic agreement uses a percentage of earnings method of calculating the fee because of the prevalence of that practice in the industry. But there are many alternative fee arrangements, including flat fees, hourly charges, retainer/engagement fees, and volume discounts. Below are suggested retainer/engagement fee and volume discount provisions: RETAINER/ENGAGEMENT FEE: Upon signing this agreement, CLIENT will pay RECRUITING FIRM a nonrefundable retainer of $_______. [Insert flat fee, percentage of anticipated placement fee, or other fee.] This retainer will be credited against any further fee that may become due under our agreement dated _______. No search may begin until the retainer/engagement fee is paid. Note that the above retainer/engagement fee provision is designed to be included as part of the basic agreement and is intended to cover all transactions between the recruiting firm and its client during the period of the agreement. However, where a retainer/engagement fee is used for a specific search, it is recommended that the retainer/engagement fee, as well as related expenses, be addressed in a separate letter agreement for each search, which could include the following provision: In connection with RECRUITING FIRM’S search for a ________________________________, [describe position] CLIENT will pay RECRUITING FIRM a nonrefundable retainer of $_______. This retainer will be credited against any further fee that may become due in connection with this search under our agreement dated _______. You also agree to reimburse us for preapproved expenses incurred in connection with this search, for which we shall invoice you monthly. All other terms and provisions of our agreement dated _______ shall remain in full force and effect.
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Related to Alternative Calculation Methods, Retainer/Engagement Fees, Volume Discounts

  • PAYMENT TERMS/PRE-PAYMENT/QUANTITY DISOUNTS If discounts for accelerated payment, pre-payment, progress payment, or quantity discounts are offered, they must be clearly indicated in the Contractor’s submission prior to contract award. The applicability or acceptance of these terms is at the discretion of the Customer.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Balance Computation Method For all dividend-bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.

  • Volume Discounts The Company will pay to the Dealer Manager reduced selling commissions for purchases of more than $500,000 of Primary Shares by a single purchaser through the same participating broker-dealer as follows:

  • Overtime Calculation For the purpose of overtime calculation only, approved or scheduled time off work will be considered the same as time worked.

  • JOC - PRICING OF After Hours Coefficient What is your after hours coefficient for the RS Means Price Book for work performed after normal working hours? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION) Remember that this is a ceiling price proposed. You can discount to any TIPS Member customer a lower coefficient than your proposed contract coefficient, but not higher. This is one of three pricing questions that are required for consideration for award on this solicitation. Please consider your answer carefully. An explanation of the TIPS scoring of pricing titled "Pricing Coefficient Instruction" is included in the attachments for your information. The below is an EXAMPLE of how the pricing model works (It is not intended to influence your proposed coefficient, you should propose a coefficient that you determine is reasonable for your business for the life of the contract): The most common after hours coefficient is time and a half of the RS Means Unit Price Book prices. To illustrate this coefficient, if your regular hours coefficient is .95, your after hours coefficient would be 1.45.

  • PRICING for Markup of Non-Prepriced Items in RS Means Unit Price Book What is your proposed Markup Percentage on materials not found in the RS Means Price Book? If any materials being utilized for a project cannot be found in the RS Means Price Book, this question is what is the markup percentage on those materials? When answering this question please insert the number that represents your percentage of proposed markup. Example: if you are proposing a 30 percent markup, please insert the number "30". Remember that this is a ceiling markup. You may markup a lesser percentage to the TIPS Member customer when pricing the project, but not a greater percentage. EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project. You would buy the materials and mark them up to the TIPS Member customer by the percentage you propose in this question. If the materials cost you, the contractor, $100 and you proposed a markup on this question for the material of 30 percent, then you would charge the TIPS Member customer $130 for the materials.

  • Allocation Method The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c., or d.):

  • Placement on Salary Schedule The following rules shall be applicable in determining placement of a teacher on the appropriate salary schedule:

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

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