LigJig Fixed Price and Commercial Services

Solutions
Our services are generally structured as consulting services, whereby we bill for our services monthly based on the work performed, sometimes with success fees as well. We evaluate each project independently based on our ability to add value for the client, and the potential of the project to be creative, successful and profitable.

• Commercial Services: Any commercial entity we accept as a client may contract directly with LigJig, LLC. If you are interested please visit our Contact Us section.

• Fee and Compensation Structure: Our forms of compensation are outlined below. We will engage in the exploration of new project opportunities usually without charge. After this preliminary step, we will establish agreed-upon steps and goals, then create a budget and a proposal. LigJig bills monthly, and we usually require a deposit or monthly retainer for non-government clients.

• Time and Materials: Time and materials are billed on an hourly basis, with different rates for each category of skill set. "Other Direct Costs" (ODC) such as travel, meals, photocopies, etc., will be billed through to the client as well. Our rate structure is available upon request. Hourly rates can be reduced, either for large, long-term projects, or in return for a greater upside (stock or other incentive compensation).

• Cost Plus Fixed Fee: Cost Plus Fixed Fee involves billing for all direct labor costs, plus an overhead factor which represents our overhead costs as a multiple of labor costs, plus other direct costs, plus a pre-negotiated fee or profit. For general information regarding our labor cost structure and current overhead multiplier, please contact our office.

• Fixed Price: If the client's needs and deliverables can be clearly established, and we feel we can clearly estimate the work involved, LigJig can work on firm fixed price basis, although this is not our common practice.

• Success Fees/Equity Participation: Except for direct government work, we are looking for an upside participation based on the ultimate success of the venture. This is usually structured as a success fee, usually in the form of both cash and equity. The terms are negotiated up front, with modifications as necessary to meet our mutual needs. Fund raising is usually done partially on a success fee basis. If we accept the engagement, we will require a fixed fee component paid in advance. The success fee will include both a cash and equity (stock) component, earned upon achieving the agreed upon milestones. These milestones would typically be based on successfully raising investment capital, but could include other critical objectives such as hiring key executives, entering into strategic partnerships, and procuring additional research grants.