Common use of Placement Fees Clause in Contracts

Placement Fees. Remit to JVC Northwest a placement fee based on the table below unless an alternative payment schedule is agreed to in writing by both parties. JVC Northwest will send an invoice via email to the agency in August. LOWER 48: Payment Schedule Pymt 1: due Pymt 2: Due Pymt 3: due Lower 48 Total Fee Sep 15 Dec 15 Feb 15 Year 1 or 2 $ 16,526.00 $ 8,263.00 $ 4,131.50 $ 4,131.50 Year 3+ $ 19,000.00 $ 9,500.00 $ 4,750.00 $ 4,750.00 ALASKA: Payment Schedule Pymt 1: due Pymt 2: Due Pymt 3: due Alaska Total Fee Sep 15 Dec 15 Feb 15 Year 1 or 2 $ 17,970.00 $ 8,985.00 $ 4,492.50 $ 4,492.50 Year 3+ $ 20,500.00 $ 10,250.00 $ 5,125.00 $ 5,125.00