Common use of Floating Fee Clause in Contracts

Floating Fee. Apart from the basic service fee stipulated in paragraph (1) mentioned above, Party B shall pay the floating service fees to Party A in accordance with the information consultation and technical services provided by Party A. The floating fees shall be paid quarterly. The amount of the floating fees in each quarter shall be agreed upon by both Parties by taking into account the following factors: A. The number of employees utilized by Party A to provide Party B with the quarterly support services and the qualifications of such employees; B. The complexity of the quarterly support services provided by Party A’s employees and the time spent; C. Various inputs made by Party A for providing the quarterly support services; D. Concrete content and value of the quarterly support services provided by Party A; and E. Amount of Party B’s business income.