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. The Company shall pay to Consultant the following:
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 $61,500.00, in accordance with the fee schedule and list of estimated costs set forth on Attachment B attached and incorporated by this reference.
COMPENSATION TO CONSULTANT. CONSULTANT shall submit semi-annual invoice for services rendered and CITY shall make payments in the amount provided in Attachment "A". No interest shall accrue for late payments. Each invoice shall show 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 SIXTY-FOUR THOUSAND ONE HUNDRED AND SIXTY-SIX Dollars ($64,166.00). The cost estimate for accomplishing the specified Scope of Services is included in Attachment "A" and billing shall be according to schedule in Attachment "A". This amount will not change during the term of the Contract. In the cases where additional tasks are requested, CONSULT ANT will not initiate work until authorized by CITY in writing to proceed. If CONSULTANT receives commission (including Tier II commissions) from one or more insurance companies and/or intermediaries for the placement of insurance policies for the coverages described in Attachment “A” (a “Commission”), the Fee will be reduced by the amount of such Commission. Final adjustments to the Fee amount will be made by CONSULTANT after the determination and receipt by CONSULTANT of all Commissions, net of any adjustments pursuant to any audit, endorsement, accounting reconciliation or other applicable business process. The Scope of Services shall be strictly limited. The 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 or 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. (a) In lieu of cash and in consideration for the Services, the Company shall issue to the Consultant an aggregate of 6,000,000 (6 million ) shares 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 600,000 shares of the Company’s common stock.
