Common use of Payment A Clause in Contracts

Payment A. Ceiling For Services rendered pursuant to Annex A, the Client shall pay the Consultant an amount not to exceed a ceiling of (insert currency) _________ [insert contract ceiling amount]. This amount has been established based on the understanding that it includes all of the Consultant’s costs and profit, as well as any tax obligation that may be imposed on the Consultant.

Payment A. Ceiling For Services rendered pursuant to Annex A, the Client shall pay the Consultant an amount not to exceed a ceiling of ……………. (insert local currency) _________ [insert total amount of contract ceiling amountin currency]. This amount has been established based on the understanding that it includes all of the Consultant’s costs and profitcosts, as well as any tax obligation that may be imposed on the Consultant.