A signable schedule that ties project payments to deliverable gates: milestone table with amounts and target dates, acceptance windows, and invoicing rules. Attach it to a project or services agreement.
This schedule splits the project price into milestone payments, each released when a defined deliverable is accepted. It gives the client checkpoints before money moves and gives the contractor predictable payment gates tied to work actually delivered.
This milestone payment schedule (the "Schedule") is between Client company name (the "Client") and Contractor full name (the "Contractor") for the project known as Project name. It attaches to the agreement titled Underlying agreement title and takes effect on Schedule effective date.
The parties agree to the milestones below. Each amount becomes payable when the corresponding deliverable is accepted under section 3. Rows left blank do not apply.
| Milestone | Deliverable and acceptance criteria | Amount | Target date |
|---|---|---|---|
| Kickoff deposit | Due on signing this Schedule; no deliverable required. | Kickoff deposit amount | Kickoff deposit date |
| Milestone 1 | Milestone one deliverable | Milestone one amount | Milestone one target date |
| Milestone 2 | Milestone two deliverable | Milestone two amount | Milestone two target date |
| Final milestone | Final milestone deliverable | Final milestone amount | Final milestone target date |
| Total | Sum of all milestone amounts, in Project currency. | Total project amount | — |
This Schedule controls over the underlying agreement for milestone structure, acceptance, and payment timing of this project. Everything else — including confidentiality, intellectual property, and termination — remains governed by that agreement.
Contractor: ✍ Contractor signature Date: Contractor signature date
For the Client: ✍ Client signature Date: Client signature date
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Not legal advice
This template is provided for general informational purposes only and is not legal advice. Laws differ by jurisdiction and change over time — have a qualified professional review any document before you rely on it.
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