Method of Billing

We aim to be fair and open in relation to our charges, which will be based on the time spent by those persons working on the matter. This will be recorded contemporaneously and details will be provided together with each invoice we submit to you.

Disbursement of Funds

In addition to our time charges, we will invoice you for all disbursements (which are costs incurred by us on your behalf), including barristers’, experts’, foreign lawyers’, courier and taxi fees and any photocopying which is undertaken externally. Disbursements incurred in a currency other than US Dollars will be invoiced at the exchange rate applicable on the date of our invoice to you or, if earlier, the date of payment of the disbursement by ourselves.

We will also invoice you for certain expenses of the firm, namely
(a) communication costs (in respect of facsimile, e-mail and telephone services) outside the United States and
(b) any photocopying of significant volume. Communication charges will be invoiced at actual cost and photocopying will be invoiced at 20 cents per page. Communications within the United States and routine photocopying will be covered by us.

We will invoice at cost for all traveling expenses incurred in relation to matters being handled on your behalf.

Invoice structure

We will invoice you at the end of each calendar month. All applicable Taxes will be added at the present rate. Non-US Base clients within the Caribbean region, will be charge at a zero rate if provide with the country's business registration number.
Together with each invoice, we will provide you with a breakdown of all time spent by each person and the nature of the work undertaken on your behalf. Our invoice will itemize any disbursements and expenses.

Payment of all invoice

Our invoices are payable within 30 days of presentation. We reserve the right to charge interest at 11% per annum thereafter.
You will be responsible for payment of our fees and expenses, even if you are insured, or another person agrees to pay your costs, or another party is ordered by the Court (or an arbitration tribunal) to pay your costs.
Payment of our invoices may be made in any freely negotiable currency provided that, upon receipt, at the then prevailing exchange rates, there is no shortfall. It will be your responsibility to settle any such shortfall. Any balance after exchange in excess of our invoice will be credited to the client's account towards further costs, unless you request us to remit such balance to you.

Payments to our account

We reserve the right to request payment(s) from you at any time on account of our fees and expenses. You agree to make such payment(s) promptly. Our bank account details for payment are as follows:

Please fill-in your account and banking details

Estimates

As soon as practicable, Thereafter, we will provide an estimate of our charges at any time upon request. You may place a limit on the amount of fees and/or expenses, which may be incurred without your prior approval.

Confidentiality

We will treat all matters being handled on your behalf in the strictest confidence. We will correspond with you by facsimile and/or e-mail, in addition to using postal and courier services. If you object to facsimile or e-mail communication for any reason, please let us know at the outset to avoid any problems.

Termination

We may, upon reasonable notice in writing, cease acting on your behalf only for good reason, for example, if you do not pay an invoice or comply with our request for a payment on account in respect of our charges. In the event of termination by you or us, you will be responsible for payment of our charges for work undertaken, together with disbursements and expenses incurred, up to the date of termination.

Governing laws

These terms will be governed by and construed in accordance with US Laws. The United States Courts will have exclusive jurisdiction in respect of any dispute arising out of or in connection with our engagement.

If the terms of this agreement meet with your approval, please sign and date below and return to our office by post and/or by fax as confirmation that you would like to proceed. Please do not hesitate to contact support@fostersnet.com if you have any queries in relation to the these contracts.

We look forward to working with you.