User:Randyfisher/Agreements/Collaboration 1

Collaboration 1

Invoicing

• The Invoicing Company which generates the work has the option to invoice the Client directly.

Payment to Subcontractors

• The subcontractors get paid after the Invoicing Company gets paid (i.e., cheque deposited and successfully clears the bank (usually within 30 days)
• Discussion note:
  • Paypal / micropayment fees: Subcontractor pays.
  • Wire fees: Subcontractor pays (See TD Canada Trust Wire Transfer Fees)
    • $30 Cdn for less than $10K
    • $50 Cdn for $10K - $50K
    • See TD Canada Trust fee schedule

Insurance (Export)

• in some cases, in working with new Clients, we may have to purchase "insurance" - Export Development Corporation, Canada - to make sure that we get paid.
• There is an amount that would be applied to the total (gross contract revenue).
• The sales commission percentages and work payment percentages would apply to the remainder of the gross contract revenue, AFTER payment of the insurance premium.

Sales Commission

• 15-20% of the gross revenue, depending on scope of work, gross contract revenue and responsibilities.

if one person gets 75% of the work, then the commission would move to the higher end of the range.

Percentage to Charity

• shall we donate / give a percentage of the gross contract revenue (1-3%) to a deserving charity or group?
• work emanating from the WikiEducator Community requires an honour commitment to return 3% of the gross revenue back to the WE / OER Foundation.
  • The Charity percentage of revenues may be waived - by mutual agreement - if a payment is due to WE / OER Foundation.

Expenses

• Each consultant and/or Company is responsible for payment of his/her, or its own expenses unless otherwise specified in writing.

Taxes

• Each consultant and/or Company is responsible for payment of his/her, or its own taxes.

Governance; Applicability

• This collaboration agrement is governed by the laws of the country in which the Invoicing Company is located.