EMP Studios
Home Online Payments Policy Creative Process Contact Portfolio
EMP Studios Payment Policy
Standard Payment Policy (Terms for Business Orders)

1. All invoices are due 30 calendar days.

2. The client will be billed in monthly intervals absent a predetermined project proposal or a retainer agreement for ongoing work.
a. Early Payment Bonus - 2% off gross amount of invoice if payment is received (via direct deposit) or postmarked 5 calendar days from invoice date.
b. Late Payment Penalty - Payments received/postmarked after 5pm EST on the due date are late and will be assessed a 2% penalty on the gross total amount due.

3. Delinquent invoices will be charged an additional 2% on the gross amount due (invoice & penalties) that will be assessed every 30 days thereafter until payment in full.

4. Declined payments and bounced checks will be billed an additional $40 fee and any late payment fees/penalties will apply.

5. First Time Customers:  Project based work will require 50% (down) pre-payment or prepayment for materials costs (whichever is larger) will be required prior to the beginning of all production.

6.  Large Projects:  Estimates over $4000 will generally require 50% (down) pre-payment.  Final terms of each Estimate will be determined on a case by case basis.

7. Overtime will be charged and must be pre-approved by the client prior to commencement.
a. 1 - 4 hours over 8 billable hours will be billed at 1.5x
b. All hours over 12 billable hours will be billed at 2.0x

8. Overtime Weekend/holiday hours
a. Standard time - Billed at 2x hourly rate,
b. Overtime (over 8 hrs) - Billed at 3x hourly rate
Payment Policy for Clients with Delinquency

(Late payment for two or more invoices)

1. All invoices are due 15 calendar days

2. The client will be billed in 15 day intervals absent a predetermined project proposal or a retainer agreement for ongoing work.
a. Early Payment Bonus - 2% off gross amount of invoice if payment is received (via direct deposit) or postmarked 5 calendar days from invoice date.
b. Late Payment Penalty - Payments received/postmarked after 5pm EST on the due date are late and will be assessed a 7% penalty on the gross total amount due.

3. Delinquent invoices will be charged an additional 7% on the gross amount due (invoice & penalties) that will be assessed every 15 days thereafter until payment in full.

4. Declined payments and bounced checks will be billed an additional $40 fee and any late payment fees/penalties will apply.

5. Project based work will require 50% (down) pre-payment or prepayment for materials costs (whichever is larger) will be required prior to the beginning of all production. Waiver of the pre-payment requirement for materials costs below $300.00 will be at the sole discretion of the owner.

6. Overtime will be charged and must be pre-approved by the client prior to commencement.
a. 1 - 4 hours over 8 billable hours will be billed at 1.5x
b. All hours over 12 billable hours will be billed at 2.0x

7. Weekend/holiday hours
a. Standard time - Billed at 2.0x
b. Overtime - Billed at 3.0x


Updated 2009-06-15