Common use of Fee for Services Clause in Contracts

Fee for Services. In consideration of Service Provider’s performance of the Services during the Period of Performance, CI shall pay Service Provider an amount [choose among the following options, depending on payment terms – if these options do not apply to the contractual arrangement, write it up as best you can] [OPTION 1 not to exceed amount, based on labor rate] not to exceed US$ which is based on a rate of US$ per [hour/day/week] for such times as the Service Provider actually performs Services under this Agreement. [OR OPTION 2, fixed price contract] equal to US$[click and type amount] .