Fixed Fee Clause Sample Clauses

A Fixed Fee Clause establishes that a specific, predetermined amount will be paid for the completion of defined work or services, regardless of the actual time or resources expended. In practice, this means the service provider receives the agreed sum upon fulfilling the contract requirements, even if the project takes more or less effort than anticipated. This clause provides cost certainty for the client and incentivizes efficiency for the provider, effectively managing budget risks and preventing unexpected expenses.
Fixed Fee Clause. This clause is a suggested alternative to Paragraph 5 (Legal Fees and Billing Practices) where the work is being performed on a fixed fee basis.
Fixed Fee Clause. Client agrees to pay a fixed fee of $ for Attorney’s services under this Agreement. The fixed fee is due by . Attorney shall have no obligation to provide services to Client until the fixed fee is paid in full. Unless Attorney withdraws before the completion of the services or otherwise fails to perform services contemplated under this Agreement, the fixed fee will be earned in full and no portion of it will be refunded once any material services have been performed.
Fixed Fee Clause. Two clauses are provided as suggested alternatives to paragraph 6 (Legal Fees and Billing Practices) where the work is being performed on a fixed fee basis. A lawyer should be aware that, in any case, a fee must be reasonable. Simply designating the fee as a “fixed fee” or a “non-refundable” fee will not be enforceable, if the fee is not reasonable under the circumstances. (See Rule 4-1.5) It is not advisable to use the term “non- refundable” because there are no true non-refundable fees in Missouri. The only fee that is not refundable is one that has been earned, taking into consideration the factors listed in Rule 4-1.5
Fixed Fee Clause. Client agrees to pay a fixed fee of $ for Lawyer's services under this Agreement. The fixed fee is due by . By pre-determining this fixed fee, Lawyer and Client believe this will constitute a reasonable fee for the contemplated services. The Client understands that his legal matter may require more effort and time or in some cases less, than contemplated as the representation begins. However, the fee will not be raised or lowered if this occurs.

Related to Fixed Fee Clause

  • CONTRACT CLAUSES  A SOLICITATION/CONTRACT FORM 1  I CONTRACT CLAUSES 58  B SUPPLIES OR SERVICES AND PRICES/COSTS 2 PART III - LIST OF DOCUMENTS, EXHIBITS & ATTACHMENTS  C DESCRIPTION/SPECS./WORK STATEMENT 25  J LIST OF ATTACHMENTS 74  D PACKAGING AND MARKING 26 PART IV - REPRESENTATIONS AND INSTRUCTIONS  E INSPECTION AND ACCEPTANCE 27 K REPRESENTATIONS, CERTIFICATIONS OTHER STATEMENTS OF OFFERORS  F DELIVERIES OR PERFORMANCE 29  G CONTRACT ADMINISTRATION DATA 32 L INSTRS., CONDS., AND NOTICES TO  H SPECIAL CONTRACT REQUIREMENTS 34 M EVALUATION FACTORS FOR AWARD

  • Sunset Clause Notice of disciplinary action which may have been placed on the personnel file of an employee shall be destroyed after two (2) years have elapsed since the disciplinary action was taken provided that no further disciplinary action has been recorded during this period. The employee shall be notified orally when such notice has been destroyed.

  • Additional Clauses 31.13.1 The Parties expressly agree that if any limitation or provision contained or expressly referred to in this Clause 31 (Indemnities and Liability) is held to be invalid under any Law, it will be deemed omitted to that extent, and if any party becomes liable for loss or damage to which that limitation or provision applied, that liability will be subject to the remaining limitations and provisions set out in this Clause 31 (Indemnities and Liability). 31.13.2 Nothing in this Clause 31 (Indemnities and Liability) will act to reduce or affect a Party's general duty to mitigate its loss and for the avoidance of doubt including any circumstances under which a party has the benefit of an indemnity under this Agreement.

  • BREAK CLAUSE IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS. 5.1. The Landlord shall be entitled to serve upon the Tenant Statutory Notice of not less than two calendar months to break this tenancy. Such Notice: 5.1.1. Shall be at least 2 months’ notice to break this Tenancy 5.1.2. Shall not expire before the end of the «D0000_401C_0#Landlord_notice_take_effect» month of the term 5.

  • ZIPPER CLAUSE 1. This Agreement sets forth the full and entire understanding of the parties regarding the matters herein. This Agreement may be modified, but only in writing, upon the mutual consent of the parties.