Clause Information
Costs and Expenses. (a) COMPANY shall be solely responsible for all its costs and expenses necessary to perform the Cultivation Management Services as contemplated by this Agreement, including, without limitation, all materials, equipment, vehicles, mobile phones, computers, and labor, including, without limitation, all wages, benefits (if any), taxes, withholding, workers' compensation insurance, payroll processing, uniforms, tools, training and education, and all other employee-related costs.
(b) MJNE may invoice COMPANY for its reasonable cost on any expenses related any direct out of pocket cost spent on COMPANY operations plus 20% administrative expenses if these fees are not paid within 15 days. These expenses may include items that are a direct cost to MJNE from COMPANY's operation such as lab test and delivery services. MJNE invoices to Company are due and payable within 14 calendar days of receipt by Company unless such invoice is for an amount in excess of $2,000; in each such case that invoice shall be due and payable within 10 calendar days and, if not then timely paid, may be deducted from net revenues being held by MJNE and that would otherwise be due to Company.
| Clause Category: | Costs and Expenses |
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