COMPENSATION TO CONSULTANT. The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.
COMPENSATION TO CONSULTANT. CONSULTANT shall submit periodic statements for services rendered and CITY shall make payments in the amount shown by CONSULTANT’s approved statements and other documentation submitted. No interest shall accrue for late payments. Each invoice shall show the percentage of work completed on each phase of each Project, a brief summary of the work performed, and the total of the invoice amount as well as running total balance. CITY agrees to pay to CONSULTANT for satisfactory completion of all services included in this Contract a total fee not to exceed Two Hundred Thousand Dollars ($200,000.00). The cost estimate for accomplishing the specified Scope of Services is included in Exhibit “A” and billing shall be according to schedule in Exhibit “B”. In the cases where additional tasks are requested, CONSULTANT will not initiate work until authorized by CITY in writing to proceed. The Scope of Services shall be strictly limited. CITY shall not be required to pay any amount in excess of the original amount unless CITY shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts. If at any time it becomes evident that the cost estimates provided to CITY will not be sufficient to complete the authorized work, CONSULTANT will immediately notify CITY in writing of said fact.
COMPENSATION TO CONSULTANT. The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference. The Consultant will be solely responsible for all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to the Consultant’s performance of services and receipt of fees under this Agreement. The Company will regularly report amounts paid, if any, to the Consultant by filing Form 1099-MISC and/or other appropriate form with the Internal Revenue Service as required by law. Because the Consultant is an independent contractor, the Company will not withhold or make payments for social security; make contract insurance or disability insurance contributions; or obtain worker’s compensation insurance on the Consultant’s behalf. The Consultant agrees to accept exclusive liability for complying with all applicable state and federal laws governing self-employed individuals, including obligations such as payment of taxes, social security, disability and other contributions based on fees paid to the Consultant under this Agreement. The Consultant hereby agrees to indemnify and defend the Company against any and all such taxes or contributions, including penalties and interest.
COMPENSATION TO CONSULTANT. 6.1 The method of payment for this Agreement will be based on actual cost plus a fixed fee. County will reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the work. Consultant will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant’s Cost Proposal, unless additional reimbursement is provided for by contract amendment. In no event, will Consultant be reimbursed for overhead costs at a rate that exceeds County’s approved overhead rate set forth in the Cost Proposal. In the event, that County determines that a change to the work from that specified in the Cost Proposal and contract is required, the contract time or actual costs reimbursable by County shall be adjusted by contract amendment to accommodate the changed work. The maximum total cost as specified in subsection 6.8 shall not be exceeded, unless authorized by contract amendment.
COMPENSATION TO CONSULTANT a) DISTRICT agrees to pay CONSULTANT
COMPENSATION TO CONSULTANT. In compensation for the consulting services to be performed by Consultant hereunder, Company shall pay to Consultant:
COMPENSATION TO CONSULTANT. For and in consideration of the work performed hereunder, CITY agrees to pay to CONSULTANT for satisfactory completion of all services included in Exhibit “A”. In consideration of the services provided by CONSULTANT as included in Exhibit “A”, CITY shall pay a fee to the Contractor in the sum not to exceed Sixty-Five Thousand and No/100 Dollars ($65,000). The City shall also reimburse CONSULTANT for any reasonable travel expenses approved by CITY up to an amount not to exceed $7,000. An hourly rate of $225 per hour is established for any litigation except that the first five hours of litigation consultation shall be included without cost to the city. CONSULTANT shall invoice City on a monthly basis for work completed within each month. Invoices shall show the progress of assigned projects, the percentage of completion on each work element or task, and the number of hours expended during the month. If additional services, trips or expenses are requested, CONSULTANT will not provide such additional services until authorized by CITY in writing to proceed. The scope of services shall be strictly limited. CITY shall not be required to pay any amount in excess of the amount identified in the preceding paragraph unless CITY shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts. Within thirty (30) days of receipt of each such invoice, CITY shall make payments in the amount shown by CONSULTANT’s approved statements and other documentation submitted. Nothing contained in this Contract shall require CITY to pay for any work that is unsatisfactory as determined by CITY or which is not submitted in compliance with the terms of this Contract, nor shall failure to withhold payment pursuant to the provisions of this section constitute a waiver of any right, at law or in equity, which CITY may have if CONSULTANT is in default, including the right to bring legal action for damages or for specific performance of this Contract. Waiver of any default under this Contract shall not be deemed a waiver of any subsequent default. If CITY disputes any invoice CITY shall timely pay the undisputed portion and promptly notify CONSULTANT in writing of the nature of the dispute as to the remainder, and the parties will use their best efforts to resolve the dispute expeditiously.
COMPENSATION TO CONSULTANT. The Company shall pay to Consultant the following:
COMPENSATION TO CONSULTANT. (a) In lieu of cash and in consideration for the Services, the Company shall issue to the Consultant an aggregate of five hundred thousand shares (500,000.00) of the Company’s common stock, $0.0001 par value per share (the “Consulting Shares”) on the effective date of the Agreement. If the company does not have a sufficient number of authorized shares to issue the Consulting Shares at the time of entry of this Agreement, or the issuance of the Consulting Shares will restrict the ongoing operations of the Company to secure capital or identify acquisition candidates, then in that event the Consulting Shares shall be deemed “Issuable”, and reported on the Company’s financial statements. Following execution of this Agreement the Company will undertake to increase the number of authorized common stock or implement a reverse split of its common stock. If a reverse stock split is implemented and approved, and the Consulting Shares have not yet been issued, then in that event the total number of shares issuable to the Consultant shall be adjusted to reflect the reverse stock split. For purposes of example only, if the Company implements a 1:10 reverse split of its outstanding common stock and the Consulting Shares have not yet been issued, then in that event the Consultant shall receive 50,000 shares of the Company’s common stock.
COMPENSATION TO CONSULTANT. 5.1 Consultant shall submit quarterly invoices in arrears indicating for each item of the Work performed, hours of work expended (in quarter-hour increments), hourly rate or rates of persons performing the task, and copies of receipts for reimbursable materials or expenses. Compensation to Consultant shall be paid on a time-and- materials basis, with a cost-not-to-exceed limit of $42,720.00, in accordance with the fee schedule and list of reimbursable expenses set forth on Attachment B attached and incorporated by this reference.
