2. Compensation for Services

Accountant shall be compensated by the hour based upon the following schedule of fees:

 

For Partners and Senior Level Accountants

 

• $____________per hour for the first 8 hours billed in any calendar month, plus
  
• $____________per hour for any hours in excess of 8 hours billed in any calendar month.

 

For Staff Accountants

 

• $____________per hour for the first 4 hours billed in any calendar month, plus
  
• $____________per hour for any hours in excess of 4 hours billed in any calendar month.

 

For Bookkeeping Assistants (includes billing)

 

• $____________per hour for the first 4 hours billed in any calendar month, plus
• $____________per hour for any hours in excess of 4 hours billed in any calendar month.

 

Hourly charges shall be in minimum units of 10 hours.

 

3. Billing for Services

Client agrees to pay an initial deposit of $___________ to be returned with this Agreement. You authorize us to use the deposit to pay for accounting fees incurred plus any expenses incurred under this Agreement. Should Client terminate this Agreement, any deposit not used shall be returned to Client within 5 business days.

Accountant shall provide Client with a monthly invoice for services provided. Generally, invoices will be sent to Client during the first week of each calendar month covering the prior calendar month.

Invoices are to be paid in full within 10 calendar days after the date of each invoice.

 

4. Expenses

In addition to paying accounting fees, Client shall reimburse Accountant for all expenses reasonably incurred by Accountant on behalf of Client, including but not limited to photocopies at $.25 per page (single sided), messenger and delivery fees, parking fees, postage, notary fees, and similar items.

 

5. Discharge and Withdrawal

You may discharge us at any time, upon written notice to us, and we will immediately, after receiving such notice, cease to render additional services. Such discharge does not, however, relieve Client of the obligation to pay for any services provided or to reimburse Accountant for expenses incurred on behalf of Client.

We may withdraw from providing services for any reason upon reasonable notice.

In the event of discharge or withdrawal, Client shall reimburse Accountant for the costs of duplicating any file materials provided to Client.

 

6. Disputes

In the event that any suit is instituted concerning or arising out of this Agreement, each party shall pay all of such party's costs, including without limitation, the court costs and attorneys' fees incurred in each and every action, suit or proceeding, including any and all appeals or petitions therefrom.

Any suit filed shall be in Los Angeles County. Venue shall be the court closest to Accountants' office.