Specify how much you will receive for payment and how it should be collected. By failing to do so, you will be at risk of not being entitled to any compensation for the services provided.
3.1 In consideration for the Services provided by the Broker, the Carrier agrees to pay the Broker its customary commission or fee of $(state the fee) on all freight shipments arranged through the Broker under this Agreement ("Commissions").
3.2 The Broker shall invoice Carrier for Commissions monthly, and the Carrier agrees to make all payments due hereunder within (state timeframe) of receiving such invoice.
4.1 Entire Agreement
4.1.1 This Agreement constitutes the entire Agreement between the Broker and the Carrier concerning the subject matter hereof and supersedes any prior agreements or understandings, oral or written.
4.1.2 This Agreement may only be amended in writing and signed by both parties hereto.
4.1.3 This Agreement shall be binding upon and shall inure to the benefit of the respective successors and assigns of the parties hereto.
4.1.4 If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck, and all remaining provisions shall remain in full force.
4.1.5 This Agreement may not be assigned by either party without the prior written consent of the other.
4.2 Representations and Warranties
4.2.1 The Carrier represents and warrants that it has the full right, power, and authority to enter into this Agreement and perform its obligations hereunder.
4.2.2 The Carrier warrants and represents that any information provided by or on behalf of the Carrier hereunder is true, complete, and accurate.