50% Upfront Contract Clause

Payment

1. 50% of the Charges shall be paid by the Client to the Service Provider in cleared funds prior to commencement of the Services, with the remaining 50% to be paid upon completion of the Services.

2. All amounts payable by the Client under this Agreement are exclusive of amounts in respect of value added tax chargeable from time to time (VAT). Where any taxable supply for VAT purposes is made under this Agreement by the Service Provider to the Client, the Client shall pay to the Service Provider such additional amounts in respect of VAT as are chargeable on the supply of the Services at the same time as payment is due for the supply of the Services.

3. If the Client fails to make a payment due to the Service Provider under this Agreement by the due date, then, without limiting the Service Provider's remedies under this Agreement, the Client shall pay interest on the overdue sum from the due date until payment of the overdue sum at the rate of 4% per annum above Bank of Ireland's base rate from time to time.

4. All amounts due under this Agreement shall be paid in full without any set-off, counterclaim, deduction or withholding (other than any deduction or withholding of tax as required by law).