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BADGER Ed E <br />BEACON <br />A MANAGED SOLUTION <br />Badger Meter MASTER AGREEMENT <br />d�� o <br />EXHIBIT 1 <br />FEES <br />1. Service Fees. Customer agrees to pay the following Service Fees, as consideration for the right <br />to access and use the Portal, Service and Documentation during the Term, as well as applicable <br />Taxes. <br />2. Invoicing. Badger Meter shall issue invoices to Customer for Service and Support Fees on a <br />monthly basis. Payment is due within thirty (30) days of the date of the invoice. <br />3. Interest and Costs. Customer agrees that it will be responsible to pay Badger Meter for any <br />collection expenses incurred by Badger Meter, including interest at the highest interest rate <br />permitted by law, and reasonable attorneys' fees and court costs incurred by Badger Meter in <br />enforcing its rights under this Agreement. <br />Monthly Endpoftit Subscrion Fee <br />Drive -by endpoints: $0.03/endpoint/month (Please note: Monthly Billing Data Service Promise does <br />not apply to Drive -by endpoints). <br />Future: Hourly Data, Once Daily Call -in for Cellular endpoints: $0.89/endpoint/month <br />At the beginning of each new contract period, Badger Meter reserves the right to increase the <br />subscription fee price no greater than the increase in the Producers Price Index for Totalizing Fluid <br />Meters and Counting Devices as reported by the U.S. Department of Labor. The date of the previous <br />contract shall be used to determine the base index. <br />Monthly billing typically begins after endpoint activation or six months after shipment, whichever <br />occurs first. <br />©2019 Badger Meter, Inc. Confidential and Proprietary to the extent permitted by law Page 23 of 32 <br />