Payment Terms (Monthly Retainer)

Client shall pay Vendor a monthly retainer as set forth in the Fees section, invoiced on the first business day of each month and payable within fifteen (15) days via wire transfer to Vendor's designated account. All fees are stated in {{PAYMENT_CURRENCY}} and are exclusive of applicable taxes. Any withholding, deduction, tax documentation, or remittance required by applicable law shall be handled under the tax documentation and withholding clauses in this Agreement. Amounts lawfully withheld and remitted are treated as paid to Vendor unless the SOW expressly states a gross-up or different allocation. Either party may adjust or terminate the retainer for subsequent months on thirty (30) days' written notice.