CONTRACT CHARGES. The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges:
CONTRACT CHARGES. 13.1.1 In consideration of the Supplier's performance of its obligations under the Contract, the Customer shall pay the Contract Charges in accordance with clause 13.2 (Payment and VAT).
CONTRACT CHARGES. 11.1 The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW);
CONTRACT CHARGES. The Contract Charges which are applicable to this Contract are set out in Annex 1 of this Contract Schedule 3. The Supplier acknowledges and agrees that the Contract Charges cannot be increased during the Contract Period.
CONTRACT CHARGES. From the following, please select and outline your charging mechanism for this SOW. Where a charging mechanism is not required, please remove text and replace with “Unused”.
CONTRACT CHARGES. 5.1 CAPPED TIME AND MATERIAL CHARGES Unused
CONTRACT CHARGES. An annual charge of [1.00%] will be assessed for administrative expenses and mortality and expense risks assumed by GIAC related to the Basic Contract. [HIGHEST ANNIVERSARY VALUE DEATH BENEFIT RIDER CHARGE: An annual rider charge of [.30%] will be assessed as a charge for this rider. [RETURN OF PREMIUM DEATH BENEFIT RIDER CHARGE: An annual rider charge of [.25% or ..30% for Plus] will be assessed as a charge for this rider. [COMBINED HIGHEST ANNIVERSARY VALUE DEATH BENEFIT AND RETURN OF PREMIUM DEATH BENEFIT RIDER CHARGE: An annual rider charge of [.35%] will be assessed as a charge for these riders. TOTAL DAILY CHARGE The total annual charge, including any charges for riders that you have elected to be included with this contract, of [X%] will be assessed as a daily charge. Therefore, [.000xxxx%] of the value in each Variable Investment Option will be deducted daily from the Variable Investment Options for these charges. [ANNUITY PAYOUT OPTION – PAYMENTS FOR A PERIOD CERTAIN ENDORSEMENT WITHDRAWAL CHARGE: Lesser of $25 or 2% of the amount of any withdrawal made after the first withdrawal in each calendar quarter.] [ANNUITY PAYOUT OPTION – FIXED PAYMENTS TO AGE 100 ENDORSEMENT WITHDRAWAL CHARGE: Lesser of $25 or 2% of the amount of any withdrawal made after the first withdrawal in each calendar quarter.] We may also deduct annuity taxes in jurisdictions in which an annuity tax is imposed. To obtain information about your coverage you may call your agent or contact our Customer Service Office by telephone at [0-000-000-0000] or by mail sent to one of the following addresses: [For regular mail: The Guardian Insurance & Annuity Company, Inc. Customer Service Office P.O. Box 26210 Lehigh Valley, PA 18002-6210 For overnight delivery: The Guardian Insurance & Annuity Company, Inc. Customer Service Office 0000 Xxxxxxx Xxxxx Bethlehem, PA 18017]
CONTRACT CHARGES. All charges and fees shown on the Contract Schedule are the maximum amounts which We may charge. We may, however, charge less than the maximum. MORTALITY AND EXPENSE RISK CHARGE - We deduct a Mortality And Expense Risk Charge equal, on an annual basis, to the amount shown on the Contract Schedule. We guarantee that the dollar amount of each annuity payment after the first will not be affected by variations in mortality or expense experience. DISTRIBUTION EXPENSE CHARGE - We deduct a Distribution Expense Charge equal, on an annual basis, to the amount shown on the Contract Schedule. ADMINISTRATIVE CHARGE - We deduct an Administrative Charge equal, on an annual basis, to the amount shown on the Contract Schedule. The Administrative Charge compensates Us for some of the costs associated with the administration of this contract and the Variable Account. CONTRACT MAINTENANCE CHARGE - We deduct an annual Contract Maintenance Charge shown on the Contract Schedule. The Contract Maintenance Charge will be deducted from the Contract Value on each Contract Anniversary while this contract is in force. Prior to the Annuity Date, the Contract Maintenance Charge will be deducted from the Contract Value by canceling Accumulation Units. The number of Accumulation Units to be canceled from each applicable Subaccount will be in the ratio that the value of each Subaccount bears to the total Contract Value. If this contract is surrendered for its full Surrender Value on other than a Contract Anniversary, the full Contract Maintenance Charge due on the next Contract Anniversary will be deducted at the time of surrender. On and after the Annuity Date, the Contract Maintenance Charge will be pro-rated and collected on a monthly basis. This amount will be subtracted from the monthly annuity payments. GENERAL DESCRIPTION - The name of the Variable Account is shown on the Contract Schedule. The assets of the Variable Account and each Subaccount are Our property, but are not chargeable with the liabilities arising out of any other business We may conduct, except to the extent that Variable Account assets exceed Variable Account liabilities arising under the contracts supported by the Variable Account. The Variable Account and each Subaccount is separate from Our General Account and any other separate account or Subaccount We may have. INVESTMENT ALLOCATIONS TO THE VARIABLE ACCOUNT - The Variable Account consists of Subaccounts and each Subaccount may invest its assets in a separate c...
CONTRACT CHARGES. Variations in accordance with the provisions of this Contract Schedule 3 to all or part the Contract Charges (as the case may be) shall be made by the Customer to take effect: in accordance with Clause 22.2 of this Contract (Legislative Change) where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.1 of this Contract Schedule 3; in accordance with Clause 23.1.4 of this Contract (Contract Charges and Payment) where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.2 of this Contract Schedule 3; in accordance with Clause 18 of this Contract (Continuous Improvement) where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.3 of this Contract Schedule 3; in accordance with Clause 25 of this Contract (Benchmarking) where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.4 of this Contract Schedule 3; on the dates specified in the Contract Order Form where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.5 of this Contract Schedule 3; on the Review Adjustment Date where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.6 of this Contract Schedule 3; on the Indexation Adjustment Date where an adjustment to the Contract Charges is made in accordance with paragraph 66.1.7 of this Contract Schedule 3; and the Parties shall amend the Contract Charges shown in Annex 1 to this Contract Schedule 3 to reflect such variations. ANNEX 1: CONTRACT CHARGES ANNEX 2: PAYMENT TERMS/PROFILE CONTRACT SCHEDULE 4: IMPLEMENTATION PLAN INTRODUCTION This Contract Schedule 4 specifies the Implementation Plan in accordance with which the Supplier shall provide the Goods and/or Services. IMPLEMENTATION PLAN The Implementation Plan is set out below. The Milestones to be Achieved are Identified below: Milestone Deliverables Duration Milestone Date Customer Responsibilities Milestone Payments Delay Payments [] [] [] [] [] [] []
CONTRACT CHARGES. 4 Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
