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BILLING POLICY

 

Listed below is the billing policy of Landrum Software, Inc. Please read it and familiarize yourself with the conditions.

  • Annual Service Charges are billed in October. Updates are sent out in November (December for Payroll) . Customers are considered active when the annual service charge is paid. We try to respond to their requests within 4 business hours. Inactive customers requests will be serviced as time permits with no guarantees as to response time. (See the price list for annual update prices which make up the Annual Service Charge.)
  • Our hourly billing rates are:

    Custom programming on our products                                            $90.00/hour -
    Any work (installation, support, training)
    on any other systems or products, including hardware

    Support and service on our products                                              $80.00/hour -                                                                             (billed in 15 minute increments;                                                                               15 minute minimum)

    Training on our systems                                                              $75.00/hour -                                                                             (billed in 15 minute increments:                                                                               15 minute minimum)
  • Custom software proposals cover the price of software as defined in the proposal only, unless otherwise specified. Travel expenses, extra training and telephone support will be billed as specified in this policy.
  • Before work on a custom programming project is scheduled, a signed copy of the Sales Agreement, custom specifications and a deposit equal to one half the custom program development fee must be received by our office. The remaining balance is due upon delivery and installation. Any other arrangement of payment MUST be discussed PRIOR to and documented in the Sales Agreement.
  • Payment for package software is due upon delivery. All sales of software are final. NO returns will be accepted. Any other arrangement of payment MUST be discussed BEFORE delivery.
  • Telephone support will be billed at our hourly rates ($90/$80/$75), depending upon the nature of the service, in 15 minute increments, minimum of 15 minutes.
  • Training on Landrum Software products, will be billed at $75/hour. Training on any other products other than our own (software or hardware) will be billed at $90/hour, as noted above.

Continued on next page.

(12/05/06)

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