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3. The portion of the Lump Sum amount billed for Architect/Engineer's <br />services will be based upon Architect/Engineer's estimate of the percentage <br />of the total services actually completed during the billing period. <br />4. An amount equal to the cumulative hours charged to the Project by each <br />class of Architect/Engineer's personnel times Standard Hourly Rates for <br />each applicable billing class for all services performed on the Project, plus <br />Reimbursable Expenses and Architect/Engineer's Consultants' charges, if <br />any. <br />5. Architect/Engincer's Reimbursable Expenses Schedule and Standard Hourly <br />Rates are attached to this Exhibit C as Appendices 1. <br />6. Architect/Engineer may alter the distribution of compensation between <br />individual phases of the work noted herein to be consistent with services <br />actually rendered, but shall not exceed the total estimated compensation <br />amount unless approved in writing by Owner. <br />7. The total estimated compensation for Architect/Engineer's services included <br />in the breakdown by phases incorporates all labor, overhead, profit, <br />Reimbursable Expenses and Architect/Engineer's Consultants' charges. <br />8. The hourly rate amounts billed for Architect/Engineer's services under <br />Paragraph C2.01 will be based on the cumulative hours charged to the <br />Project during the billing period by each class of Architect/Engineer's <br />employees times Standard Hourly Rates for each applicable billing class, <br />plus Reimbursable Expenses and Architect/Engineer's Consultants' charges. <br />9. The Standard Hourly Rates and Reimbursable Expenses Schedule will be <br />adjusted annually (as of January each annum) to reflect equitable changes in <br />the compensation payable to Architect/Engineer. <br />A. Period of Service: The compensation amount stipulated is conditioned on a period <br />of service not exceeding one (1) month. If such period of service is extended, the <br />compensation amount for Architect/Engineer's services shall be appropriately <br />adjusted. <br />Exhibit C - Page 2 <br />EJCDC E-500 Agreement Between Owner and Engineer for Professional services <br />Copyright © 2008 National Society of Professional Engineers for EJCDC. All rights reserved. <br />