Purchase Price
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Purchase Price. [PARTY B] shall pay [PARTY A] a purchase price of $[PURCHASE PRICE] (the "Purchase Price") for the [DELIVERABLE].


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Neutral Purchase Price/Fees
License Fee
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License Fees. [PARTY B] shall pay [PARTY A] the license fee [of $[LICENSE FEE] / listed in [ATTACHMENT]] (the "License Fee").


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Neutral License Price/Fees
Royalties Per Sale
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Royalties. In exchange for the [DELIVERABLE], [PARTY B] shall pay [PARTY A] the Royalties Fees, and down payment, according to section [PAYMENT OF ROYALTIES].


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Slight Pro-Provider License Price/Fees
Standard Employment Salary
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Compensation. [PARTY A] shall pay [PARTY B] a yearly salary of $[SALARY AMOUNT] (the "Salary") for [PARTY B]'s [DELIVERABLE].


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Neutral Employment Agreement Price/Fees
Compensation for Services
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Compensation. [PARTY A] shall compensate [PARTY B] according to section [PAYMENT OF COMPENSATION] (the "Compensation").


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Slight Pro-Provider Services - Individual Price/Fees
Subscription Fee
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Fees. [PARTY B] shall pay [PARTY A] a monthly subscription fee of $[SUBSCRIPTION FEE AMOUNT] (the "Subscription Fee") for the [DELIVERABLE] provided under this agreement.


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Neutral License Price/Fees
Executive Employment Agreement
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Compensation

Base Salary

Amount. [PARTY A] shall pay [PARTY B] a base salary ("Base Salary") of $[BASE SALARY] per year in equal installments in accordance with its standard payroll practices.

Adjustments. [PARTY A] may increase[ or decrease] the Base Salary on one or more occasions.

[Signing Bonus. [PARTY A] shall pay [PARTY B] a signing bonus of $[SIGNING BONUS AMOUNT] upon the signature of this agreement.]

Bonus

Eligibility. [PARTY A] may pay [PARTY B] an annual bonus, as determined in [PARTY A]'s discretion.

Bonus Amount. [PARTY B] shall determine the performance goals for, the amount, if any, of, and any other conditions relating to, the bonus.

Bonus Payment. [PARTY B] shall pay any bonus in one lump sum, subject to deductions and withholdings, during the year immediately following the year to which it relates.


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Slight Pro-Providee Employment Agreement Price/Fees
Retirement Agreement
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Retirement Benefits. The "Retirement Benefits" include the following benefits, subject to the restrictions of, and paid according to the terms of this section. 

Severance Payment. Within [six] months after the Retirement Date, [PARTY A] shall pay [PARTY B] a lump sum amount equal to [NUMBER OF MONTHS] of [PARTY B]'s Base Salary as of the Retirement Date.

COBRA Benefits

[PARTY A] Assumes COBRA Payments. For a period of [HEALTH BENEFITS TIME PERIOD] after the Retirement Date, [PARTY A] shall assume the payment of the COBRA medical coverage only for [PARTY B] and his or her spouse.

No Other Insurance Coverage Obligations. [PARTY A] will have no obligation to assume [PARTY B]'s payments for any other type of insurance coverage or COBRA benefits than those described in paragraph [PARTY A ASSUMES COBRA PAYMENTS].

No Pre-Existing Duty. [PARTY B] hereby acknowledges that [PARTY A] has no preexisting duty to pay any portion of [PARTY B]'s COBRA benefits.

Accrued Vacation. Within [30] Business Days after the Retirement Date, [PARTY A] shall pay [PARTY B] a lump sum cash payment equal to $[VACATION ACCRUAL DOLLAR AMOUNT], representing [PARTY B]'s [ACCRUED VACATION DAYS] days of accrued but unused vacation.

Equity Awards. [ATTACHMENT], attached to this agreement, lists all outstanding stock options and shares of restricted stock granted to [PARTY B] under the [PARTY A]'s equity plans as of the Retirement Date.

Representatives and Beneficiaries Take on Death. If [PARTY B] dies, [PARTY A] shall pay any payments, entitlements or benefits owed to [PARTY B] under this agreement, to [PARTY B]'s legal representatives or [PARTY B]'s beneficiaries.

Disability Severance Payment

Termination Due to Disability. [PARTY A] shall pay [PARTY B] a Disability Severance Payment (defined in paragraph [DISABILITY SEVERANCE PAYMENT] if

[PARTY B]'s employment with [PARTY A] and its Affiliates terminates due to [PARTY B] becoming Disabled before [PARTY B] is 62 years old, and

[PARTY B] has completed at least one year of employment, but has not completed more than 15 years of employment.

Disability Severance Payment. [PARTY A] shall

commence the Disability Severance Payment on the first day of the 7th full month following [PARTY B]'s termination date, and

pay the Disability Severance Payment in five substantially equal annual installments, the last four annual installment payments to be made on the successive anniversary dates of the original installment payment.

Disability Payment Calculation. The "Disability Severance Payment" will be the amount equal to the sum obtained by

subtracting $[DOLLAR AMOUNT SUBTRACTED FOR DISABILITY] from the amount obtained by multiplying

the lump sum determined under paragraph [SEVERANCE PAYMENT], 

by the appropriate retirement commencement percentage according to the table below.

[PARTY B] Age at Termination: 61 or older; Retirement Commencement Percentage: 94%

[PARTY B] Age at Termination: 60; Retirement Commencement Percentage: 88%

[PARTY B] Age at Termination: 59; Retirement Commencement Percentage: 82%

[PARTY B] Age at Termination: 58; Retirement Commencement Percentage: 76%

[PARTY B] Age at Termination: 57; Retirement Commencement Percentage: 70%

[PARTY B] Age at Termination: 56; Retirement Commencement Percentage: 64%

[PARTY B] Age at Termination: 55; Retirement Commencement Percentage: 58%

[PARTY B] Age at Termination: 54 or younger; Retirement Commencement Percentage: 50%

[PARTY B]'s Acknowledgements. [PARTY B] hereby acknowledges that some of the benefits under this section may be different than the benefits he or she would otherwise be eligible to receive on resignation, absent this agreement.


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Neutral Retirement Agreement Price/Fees
Compensation for Services + Cap on Compensation
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Compensation

Compensation Obligation. [PARTY A] shall compensate [PARTY B] for the [DELIVERABLE] [PARTY B] provides, according to section [PAYMENT OF COMPENSATION] (the "Compensation").

Maximum Compensation. [PARTY A] will not be required to pay any Compensation beyond $[MAXIMUM COMPENSATION AMOUNT].


Tags
Heavy Pro-Providee Services - Individual Price/Fees
Master Services Agreement
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Compensation. [PARTY B] shall pay to [PARTY A] compensation for each [DELIVERABLE] according to the fee schedules listed in the applicable Statements of Work (the "Compensation").


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Neutral Master Services Agreement Price/Fees
Reseller Price
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Price

Price for [PARTY B][PARTY B] shall pay [PARTY A]'s list price for each Product, as listed in the [ATTACHMENT], attached to this agreement, less [PARTY B]'s Discount.

Reseller Discount. [PARTY B]'s "Discount" is [DISCOUNT PERCENTAGE] percent, which will be applied to [PARTY A]'s list price of each unit of each Product at the time [PARTY B] places its order.

Resale Prices. [PARTY B] may determine its own retail prices, taking into account suggested retail prices provided by [PARTY A].

Changes to Prices

Notice of Upcoming Changes. If [PARTY A] changes its list prices, [PARTY A] shall give [PARTY B] [one] month notice before implementing those changes.

No Effect on Outstanding Purchase Orders. Changes to [PARTY A]'s list prices will not affect any Purchase Orders already submitted.

Changes to Discount. Neither party will change the Discount without the other party's written consent.


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Reseller Agreement Price/Fees
Reseller Price + Most favored customer guarantee
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Price

Price for [PARTY B]. [PARTY B] shall pay [PARTY A]'s list price for each Product, as listed in the [ATTACHMENT], attached to this agreement, less [PARTY B]'s Discount.

Discount. [PARTY B]'s "Discount" is [DISCOUNT PERCENTAGE] percent, which will be applied to [PARTY A]'s list price of each unit of each Product at the time [PARTY B] places its order.

Resale Prices[PARTY B] may determine its own retail prices, taking into account suggested retail prices provided by [PARTY A].

Changes to Prices

Notice of Upcoming Changes. If [PARTY A] changes its list prices, [PARTY A] shall give [PARTY B] [one] month notice before implementing those changes.

No Effect on Outstanding Purchase Orders. Changes to [PARTY A]'s list prices will not affect any Purchase Orders already submitted.

Changes to Discount. Neither party may change the Discount without the other party's written consent.

Most Favored CustomerIf [PARTY A] sells Products to any third party at a price lower than what it charges [PARTY B] for those Products, [PARTY A] shall pay [PARTY B] the difference between what it charged [PARTY B] and the price it charged the third party.


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Heavy Pro-Providee Distribution and Resale Price/Fees
Product Sales Agreement
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Price[PARTY B] shall pay [PARTY A]'s list price for each Product, as listed [on [PARTY A]'s website at [URL] / in the [ATTACHMENT], attached to this agreement].


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Neutral Product Sales Agreement Price/Fees
Escrow Fees
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Escrow Fees. [PARTY A] and [PARTY B] shall pay the Escrow Agent escrow fees according to section [PAYMENT OF ESCROW FEES] (the "Escrow Fees").


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Neutral Software Escrow Agreement Price/Fees
Master Purchasing Agreement
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Fees. [PARTY B] shall pay [PARTY A] according to the prices listed in [PARTY A]'s price list, attached as [ATTACHMENT].


Tags
Neutral Purchase Price/Fees
Rent
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Rent Obligation. [PARTY B] shall pay [PARTY B] a base rent of [BASE RENT PER MONTH] per month (the "Rent").


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Neutral Leases-Real Property Price/Fees
Evaluation Agreement - no fee
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Fees. Licensor acknowledges and agrees that it is furnishing the Software to Licensee in consideration of Licensee’s potential purchase and licensing of the Software from Licensor under a license and services agreement (“License and Services Agreement”), the terms of which will be negotiated by the Parties in the event that Licensee elects to move forward with the Software, and in further consideration of the opportunity to demonstrate to Licensee the capabilities of the Software. To that end, there will be no fee or charge to Licensee for the Software furnished by Licensor under this Agreement.


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Price/Fees
Evaluation Agreement - waiver of fees
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Subscription Fees. [PARTY A] acknowledges and agrees that it is furnishing the Software to [PARTY B] in consideration of [PARTY B]’s potential purchase and licensing of the Software from [PARTY A] under a license and services agreement, the terms of which will be negotiated by the Parties in the event that [PARTY B] elects to move forward with the Software, and in further consideration of the opportunity to demonstrate to Licensee the capabilities of the Software. To that end, monthly subscription fees in the amount of [AMOUNT] will be waived during the Evaluation Period.


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Price/Fees
Subcontract Agreement
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 Contract Price[PARTY B]'s full compensation for satisfactory performance of the Work, in strict compliance with the Contract Documents, shall be the contract price (the "Contract Price") set forth in the applicable Statement of Work. Subject to [PARTY A]'s right to adjustments increasing or reducing the Contract Price or extending or shortening the schedule, as provided for elsewhere in this Agreement, the Contract Price shall be deemed to be full compensation for all Work performed by [PARTY B] under each applicable Statement of Work, and is conclusively presumed to cover all foreseen and unforeseen costs, fees, profit, overhead, and expenses arising out of, or related to, [PARTY A]'s performance of the Work.


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Price/Fees

About

  • Clause Taxonomy: Price/Fees
  • Organization: Public
  • Updated: 11/14/2018
  • Rating

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?)