Overview

The Fees clause is common across all kinds of agreements, and ranges from simple one-sentence clauses, to highly-negotiated, complex clauses.

The clause is arranged by Performance Agreements (Independent Contractor Agreements, Employment Agreements, SAAS Agreements, Professional Services Agreements, etc.) License Agreements (Trademark, Copyright, Patent, Software, or Content Licenses), and Purchase Agreements (Supply Agreements, Retail Agreements, etc.), and within each of these categories are alternatives with different payment structures.

This Fees clause is simply the payment obligation. It should be paired with a Payment of Fees clause that details exactly how the fees will be paid (for example, will a Purchase Price be a single sum, or paid in installments, or will the Royalties Rate of a License Agreement be a fixed rate or on a sliding scale, or how will a service provider invoice the company for its services?)