Thank you for contracting with MDM.I.E (and/or our affiliates) as outlined below, to act as your Telecommunications
Consultants on your behalf. We agree to conduct a Telecommunications Audit by analyzing your telephone billings and
records. You agree and have retained MDM.I.E (and/or our affiliates) as your exclusive Telecommunications Consultant
(s). We agree to seek refunds and/or credits for billing errors/overcharges. We will in a Cost Savings Plan, identify
and implement on your behalf actions and modifications which are guaranteed to be fully and completely transparent to
your business operations and imperceptible in any fashion except in the form of reduced billings. You will have fifteen
(15) days after the implementation of the Cost Savings Plan to advise us of any modifications. We reserve the right to
lower the percentage we receive at our digression and agree to never raise them higher than the standard fifty percent
(%50). You agree to furnish us with last months bills for each account being audited in addition to any other pertinent
documents needed to conduct the audit/analysis.
YOU AGREE TO COMPENSATE MDM.I.E AS FOLLOWS:
For refunds, credits and/or recoveries, from any telecommunications company, the fee is fifty percent (50%) of the
refunds and/or credits that result from the audit. This fee is payable upon receipt of the refund, credit and/or recovery.
The fee for the Cost Savings Plan is fifty percent (50%) of the savings demonstrated over the twenty four month (24
month) period following the implementation of the Cost Savings Plan. The Cost Savings Plan shall include all items that
resulted in refunds. For audits where the Cost Savings Plan fee is greater than $2,400.00, the prorated fee is due and
payable within ten (10) days of each monthly invoice. For audits where the Cost Savings Plan is $2,400 or less, the
entire fee is due and payable within thirty (30) days of the invoice. In the even the client is required to make any
expenditure whatsoever in order to implement the Cost Savings Plan or obtain a refund, credit and/or recovery, the
client’s approval will be obtained in advance by the consultant. The said expenditure will be fully deducted from the
savings sum and the consultant’s commission will be calculated on the balance. If you do not receive a refund/credit or
expense reduction, there will be no fee for our service. Should you fail to pay any fee or part thereof when due, we are
entitled to recover all cost of litigation including reasonable attorneys’ fees for all efforts to collect the audit fees. MDM.I.
E (and/or our affiliates) retains the exclusive right to conduct any telecommunications audit during the term of this
agreement, which is from the date of your acceptance until implementation of the plan. During this period, should any
in-house review, vendor, business, or entity conduct any analysis or audit, we are still entitled to the fifty percent (50%)
of credits, refunds, and/or recoveries due to the analysis or audit. Please be advised that all or a portion of any fee
due under this agreement may be payable directly to our affiliate(s). An MDM.I.E representative will notify you in
writing, in the event that all or a portion of our commission is to be paid to our affiliate(s). This agreement constitutes
our entire and complete agreement between us and replaces all previous written or verbal agreements.
We look forward to doing business with you and creating a long and fruitful relationship.
Approved MDM.I.E Representative’s Information:
Name:__________________________________ Signature:_________________________________ Date:_______
Accepted and Approved by (must be authorized personnel):
Name:__________________________________ Signature:_________________________________ Date:_______
Title:______________________________________ Phone #: ( ) ________---______________
Telecommunications Audit Agreement
MDM INTERNATIONAL ENTERPRISES
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