This template does not constitute legal advice, nor does it substitute for legal advice. Always consult with a legal professional before entering
into any agreement or contractual obligation.
EXHIBIT A: PAYMENT TERMS
This Exhibit A forms part of the Agreement and is subject to the terms and conditions of the
Agreement. In the event of any conflict between the terms of this Exhibit A and the terms of
the Agreement, the terms of the Agreement will prevail.
The terms for fees and payments are as follows:
SECTION 1: PRICING
1.1 The License Fee due to the Company for each copy of the Software licensed to an End User
is $___.
1.2 The Company will remit to the ISV Partner ___% of the License Fee for each copy of the
Software licensed to an End User.
1.3 The ISV Partner agrees to pay the Company the agreed fees of $____, on a monthly basis.
SECTION 2: PRICE CHANGES
2.1 The Company may change the standard prices, fees, revenue shares, or discounts at any
time by providing at least ____ days written notice to the ISV Partner. The changed prices or
discount will apply to orders placed by the ISV Partner after the effective date of the price
change.
2.2 The prices for any orders placed by the ISV Partner before the effective date of a price
change will be the prices in effect at the time the order was placed.
SECTION 3: PAYMENT TERMS
3.1 The ISV Partner will pay all amounts due in full without any set-off, counterclaim, deduction,
or withholding.
3.2 If the ISV Partner fails to pay any amount due on the due date, the Company may charge
interest on the overdue amount at the rate of ____%. The interest will accrue daily from the
due date until the date of actual payment, whether before or after judgment.
SECTION 4: CREDIT TERMS
4.1 The Company may, in its sole discretion, extend credit to the ISV Partner.
4.2 The amount of credit, if any, and the terms and conditions of the credit will be at the
Company's sole discretion and may be changed or cancelled by the Company at any time
without notice.
SECTION 5: TAXES
5.1 The prices do not include any taxes. The ISV Partner will be responsible for paying all taxes
related to its purchase of the products or services.
5.2 The ISV Partner will indemnify the Company for any taxes that the Company is required to
pay on behalf of the ISV Partner.
