I. Fees
a. Meadows Analysis & Design, LLC works with engineering clients on a per project basis and customizes proposals collaboratively with clients. Fees will be captured in these proposals and accepted to move engineering project work forward before any engineer services are provided.
II. Billings/Payments
a. An invoice will be prepared upon acceptance of a proposal. The Client will pay the initial fee specified in the proposal before work commences with the Meadows Analysis & Design, LLC engineering team. Thereafter, remaining payments due will be outlined per the Client proposal.
III. Late Payments
a. All payments within the invoice due date to the Client is considered reconciled. Meadows Analysis and Design, LLC automates late payment fees of 1.5% per week for non-payment starting 7 days past the due date of any invoice.
IV. Indemnification
a. The Client and MEADOWS ANALYSIS & DESIGN, LLC mutually agree to, to the extent permitted by law, indemnify and hold each other harmless from any damages, losses, including reasonable attorney’s fees, arising from their own negligent acts, errors or omissions in the performance of services under this Agreement, to the extent that each party is responsible for such damages and losses on a comparative basis of fault.
V. Ownership of Documents
a. All right, title, and interest, including intellectual property rights, in and to the drawings, specifications and other documents (“Project Materials”) prepared by MEADOWS ANALYSIS & DESIGN, LLC for Client will be owned exclusively by Client. MEADOWS ANALYSIS & DESIGN, LLC hereby assigns to Client all right title and interest, including intellectual property rights, in and to the Project Materials.”
VI. Applicable Laws
a. Unless otherwise specified, this Agreement shall be governed by the laws of the State of Texas.