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SOW #1 - SCHEDULE 4.0 <br />POSTAGE PAYMENT <br />4.1 Postage Payment. If Client presents mail that requires PBPS to pay the USPS for postage on Client's behalf, Client will <br />maintain apostage deposit or otherwise pay for such postage in advance of processing, using the method described below. <br />4.2 Initial Payment. Client shall provide not advance postage payment equal to an estimated one (1) months' worth of postage <br />($1,400.00) before submitting permit, 5 -Digit or umnetered mail for the first time under this SOW. <br />4.3 Payment Process. In addition to the initial payment, Client shall provide a postage payment for each month job sufficient to <br />cover the estimated postage to be used during the following monthjob. Postage payment may be made by: <br />4,3,1 Client initiated payment to PBPS; or <br />4.3.2 Client authorization for PBPS to withdraw from Client's designated bank account <br />Unless otherwise agreed by the parties in advance, such postage payment shall be made via electronic transfer. Client will <br />receive a postage statement of postage charges and payment receipts for reconciliation purposes. Any shortage of postage <br />funds received will be paid by Client with the next regular postage payment (but in any event no more than thirty days after <br />service) and any excess postage Rinds received may be deducted from the next postage payment. <br />4.4 Interest. PBPS shall not be required to pay any interest to Client on such postage funds received Interest paid or fees charged <br />by any banking entity, shall be between Client and the banking entity, <br />4.5 Return of Balance. Upon the termination of this SOW, PBPS shall return any excess funds to Client after all Fees for services <br />and postage charges have been paid. to PBPS by Client. <br />4.6 Failure to Maintain. IF CLIENT FAILS TO MAINTAIN THE POSTAGE PAYMENTS AT THE TEIEN APPLICABLE <br />LEVEL(S), PBPS MAY IMMEDIATELY SUSPEND ITS PERFORMANCE UNDER THIS SOW AND WILL, AT <br />CLIENT'S OPTION, EITHER: (i) HOLD CLIENT'S MAIL UNTIL PAYMENT IS RECEIVED OR (ii) RETURN THE <br />MAIL TO CLIENT, <br />PBPS Initials Date <br />Proprietary and Confidential Information <br />P13P5 Contract Management— Rev April 2014 <br />Page 12 of 14 <br />25C -14 <br />Client Initials Date <br />