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APPENDIX C: FINANCIAL TERMS <br />This Appendix may be modified at any time with the mutual written consent of the Parties. <br />1.Administrative Fee. <br />th <br />On or before the fifteenth (15) of each month, Winning Supplier shall remit to Equalis an administrative fee payment <br />Administrative Fee written numberpercent (number Equalis <br />Group SpendSpend <br />cumulative purchases of Products & Services by Program Participants under the Master Agreement net of taxes, <br />shipping costs, returns, and credits. All Administrative Fees not paid when due shall bear interest at a rate equal to <br />the lesser of one-and one-half percent (1.5%) per month or the maximum rate permitted by law until paid in full. <br />2.Case-by-Case Administrative Fee Adjustments. <br />The Parties understand and acknowledge that Winning Supplier may have to provide aggressive deviated pricing on a <br />case-by-case basis to win certain opportunities with Prospective Participants when those opportunities represent a <br />sufficiently large Spend and/or are highly competitive. In such situations, Winning Supplier may request Equalis accept <br />a reduced Administrative Fee. The Parties agree to evaluate each such situation as it arises and utilize best efforts to <br />establish an adjusted Administrative Fee rate upon mutual written agreement (including via email) of the Parties. <br />3.Rebates or Other Payments. <br />Insert rebate or other payment language as agreed. <br />-10- <br /> <br />