Refundable Consideration Sample Clauses

Refundable Consideration. As consideration for Consultant’s performance hereunder, Client agrees the Consideration, as described in paragraph 4.A is considered fully earned and nonrefundable. However, in specific circumstances as described in this Agreement, some portion of the Consideration paid may be refunded to the Client. The refundable consideration is the difference between the Consideration and [Consideration multiplied by (Termination date of Agreement minus effective date of Agreement in days divided by 365 days)].