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<br />D. Invoicing and Owner Payment <br /> <br />An initial retainer of fifty thousand dollars ($50,000) shall be made upon execution of <br />this agreement and is minimum payment under this proposal. It shall be credited to <br />the account and applied to the final invoice of the initial six month phase. <br /> <br />Landform shall invoice Owner in arrears for services rendered that month, with <br />payment due within 20 days of the invoice date. Accounts unpaid 30 days after the <br />invoice date will be subject to a monthly service charge of 1.5% on the then unpaid <br />balance. Ih the event any portion or all of an account remains unpaid 60 days after <br />billing, Owner shall pay all costs of collection, including, but not limited to, reasonable <br />attorney's fees. <br /> <br />