Sample language
Written to work with Common Paper standard agreements.
Include late payment penalty
Add at the end of Section 3.5: “If Customer does not pay undisputed fees within the timeframe set forth in the Payment Process, Customer will pay interest on the overdue amounts at the rate of 1.5% per month or the maximum rate permitted by Applicable Laws, whichever is less. In addition, Customer will reimburse Provider for all costs of collection (including attorneys’ fees).”
How do you set up a Agreement with language on this topic in Common Paper?
Customizing a Common Paper agreement is simple. Just copy the sample language and paste it into the Other Changes section of your Cover Page.
Other Changes to the Standard Terms
Additional modifications or customizations