Common use of Fee Compensation Clause in Contracts

Fee Compensation. Company will pay Contractor per Statement of Assignment upon receipt and acceptance for each submitted Statement of Assignment within forty-five (45) days following Contractor’s submission and delivery to Company of all necessary documents and information as set out in the Statement of Assignment. The rate of pay varies based on the costs, complexity, time and location of a job assigned as described in each Statement of Assignment. All information concerning pay is clearly disclosed when Contractor accepts a Statement of Assignment. In most cases, the pay rate is a flat rate and is not adjusted based on actual expenses. By way of example and mere illustration only, if the rate of pay is $20 and the Contractor spends $30 on expenses to complete the Statement of Assignment, then Contractor will still only be paid $20 total.

Appears in 5 contracts

Samples: Independent Contractor Agreement, Independent Contractor Agreement, Independent Contractor Agreement

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