Seller Hourly Fee

Example Definitions of "Seller Hourly Fee"
Seller Hourly Fee. Means (a) for the period beginning on the Effective Date and ending six (6) months after the Closing Date, an hourly fee amount to be determined by mutual written agreement by the parties for Services requested by Buyer that exceed a reasonable or pre-agreed allotment of Seller personnel time; and (b) after such six (6) month period, an amount equal to the fully burdened cost of Seller for the time of the applicable employee, unless a different hourly rate is specified for a particular Service... in the Exhibits. View More Arrow
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