S15 2018
®
MOTOROLA
SOLUTIONS
PLETAL ATUL TELAT eras Ese ceemerrere co LALA AL
6.3 EXHIBIT B
PAYMENT SCHEDULE
Except for a payment that is due on the Effective Date, Customer will make payments to Motorola within thirty (30)
days after the date of each invoice. Customer will make payments when due in the form of a check, cashier's check,
or wire transfer drawn on a U.S. financial institution and in accordance with the following milestones.
10% of the Contract Price for mobilization due at contract execution (Effective Date);
25% of the Contract Price upon shipment of equipment;
40% of the Contract Price upon System Acceptance or start of beneficial use; and
4, 25% of the Contract Price upon Final Acceptance.
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Overdue invcices will bear simple interest at the rate of ten percent (10%) per annum, unless such rate exceeds the
maximum allowed by law, in which case it will be reduced to the maximum allowable rate. Motorola reserves the
right to make partial shipments of equipment and to request payment upon shipment of such equipment. In addition,
Motorola reserves the right to invoice for installations or civil work completed on a site-by-site basis, when
applicable.
PEPPER EEE EET ET ER ERE EET ECT EET Re eee cn eR PACT POTTS ETRE UTE EEE RSE EPP TREE LTEESE
Use or disclosure of this propusal is subject
to the restrictions on the disclosure page.
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