How to write your own Exhibit A (Payment Terms)

You can create your own customized editable version of this contract document using IT/Software/Hardware Contract Pack. Follow these steps to get started.

The Payment Terms document is an attachment to the contract. This is what the client is agreeing to pay for the project. The interview materials and estimate spreadsheets in previous sections are used to determine the cost. The Payment Terms are broken into 3 different payment plans to choose from. Pick which one works best for you and your client (full payment up front, half down, 1/3 down, etc.). These payment terms are for illustration purposes only. If you have your own standard payment terms you may substitute them here.
Document Length: 5 Pages
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1. Get IT/Software/Hardware Contract Pack that includes this document.

This Exhibit A (Payment Terms) is included in editable Word format that can be customized in Word or by using the included Wizard software.

2. Download and install after ordering.

Once you have ordered and downloaded your IT/Software/Hardware Contract Pack you will have all the content you need to get started.

3. Customize the contract template with your own information.

You can customize the contract document as much as you need. You can also use the included Wizard software to automate merging in name/address data.

Exhibit A (Payment Terms)

Writing the Exhibit A (Payment Terms) document

Select an appropriate payment terms from the list of possible choices depending on the agreement being used with and delete the rest. For example, if using a project development contract use one of the first three milestone based payment terms. If using a VAR/Reseller contract or for general pricing use the payment terms pricing plan at the end of the list of plans below.

EXHIBIT A

PAYMENT TERMS

Customer agrees to pay Developers a fee of Total Payment Amount, according to the following terms:

90% of the estimated price upon execution of the Agreement.

Customer agrees to the pay for all out-of-pocket expenses incurred by Developers in developing the project including, but without limitation, any:

License fees

Outsource services billed for Customer.

Film and Developing

Shipping

Domain name registration

Host costs (for ISP).

G: Hardware and software

H: Travel

Customer agrees to pay for the Developer's fee and all expenses, as set forth above, within 15 days of invoice. All unpaid balances shall accrue interest at 1 1/2% per month. Customer agrees that any changes customer makes to the specification may adversely affect the original estimate.

Extra time incurred above and beyond the original specification will be billed at an hourly rate of Hourly Rate and is not subject to the costs, estimates and caps in 1. above. Customer agrees that estimated yearly maintenance costs are only estimates and are not included in the quoted price.

EXHIBIT A

PAYMENT TERMS

Customer agrees to pay Developers a fee of Insert Total Payment Amount, according to the following terms:

1/3 of the fee upon execution of the Agreement;. 1/3 of the fee upon completion of Insert Key Payment Milestone. The remaining 1/3 upon completion per the specification.

Customer agrees to the pay for all out-of-pocket expenses incurred by Developers in developing the project including, but without limitation, any:

License fees

Outsource services billed for Customer

Film and Developing

Shipping

Domain name registration

Host costs (for ISP)

G: Hardware and software

H: Travel

Customer agrees to pay for the Developers' fee and all expenses, as set forth above, within 15 days of invoice. All unpaid balances shall accrue interest at 1 1/2% per month. Customer agrees that any changes customer makes to the specification may adversely affect the original estimate.

Extra time incurred above and beyond the original specification will be billed at an hourly rate of Hourly Rate and is not subject to the costs, estimates and caps in 1. above. Customer agrees that estimated yearly maintenance costs are only estimates and are not included in the quoted price.

EXHIBIT A

PAYMENT TERMS

Customer agrees to pay Developers an hourly fee, according to the following terms:

10% of the estimate upon execution of the Agreement of Total Payment Amount. Customer is billed at Hourly Rate per hour at the completion of each milestone. The customer will not be liable for more than Insert Maximum Amount Liable for in hourly work.

Customer agrees to the pay for all out-of-pocket expenses incurred by Developers in developing the project including, but without limitation, any:

License fees

Outsource services billed for Customer

Film and Developing

Shipping

Domain name registration

Host costs (for ISP)

G: Hardware and software

H: Travel

Customer agrees to pay for the Developers' fee and all expenses, as set forth above, within 15 days of invoice. All unpaid balances shall accrue interest at 1 1/2% per month. Customer agrees that any changes customer makes to the specification may adversely affect the original estimate.

Extra time incurred above and beyond the original specification will be billed at an hourly rate of Hourly Rate and is not subject to the costs, estimates and caps in 1. above. Customer agrees that estimated yearly maintenance costs are only estimates and are not included in the quoted price.

EXHIBIT A

CREDIT CARD PAYMENT PLAN

Authorization for credit card payments for development per Exhibit A and B. Charges to be applied as Customer accepts each milestone. Customer accepts liability for all costs incurred (including but not limited to chargebacks and reversals).

Card Number

Expiration Date

Name on Card

Phone: Phone Number

Fax: Fax Number

Email: Email Address

Company: Company Name

Street: Address Address

City: City

Country: Country

EXHIBIT A

PAYMENT TERMS

Pricing Plan:

The complete Exhibit A (Payment Terms) - with the actual formatting and layout - is available in this Contract Pack.
Produced by:
Proposal Kit
Category:
Software > Computer Software > Business & Productivity Software
Price:
$89 USD
Code:
00810013020083-A325A325
 
 
Add To Cart ($89)
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Related documents may be used in conjunction with this document depending on your situation. Many related documents are intended for use as part of a contract management system.

Related Documents:
  • To be used along with the various US project and service contracts
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Create winning business proposals & contracts with minimal effort and cost. Proposal software, proposal templates, legal contracts and sample proposals.