[sheet: Billing Summary]

Field	Value
Client	Northgate Telecommunications PLC
Client Address	45 Canary Wharf Tower, One Canada Square, London E14 5AB, UK
US Operations Address	600 Lexington Avenue, 38th Floor, New York, NY 10022
Matter Description	CEO Employment Agreement — Negotiation and Drafting (Marcus Elliot Harding)
Matter Number	1022-00004
Matter Status	Closed — Terminated
Responsible Partner	Renata Vasquez
Billing Partner	Bernard Crawford
Engagement Letter Date	June 4, 2024
Engagement Close Date	September 12, 2024
Billing Summary Date	October 3, 2024
Governing Law	New York
Fee Arrangement	Hourly

BILLING RATES

Renata Vasquez (Partner)	$1,650.00/hr
Bernard Crawford (Partner)	$1,575.00/hr
James Underwood (Associate)	$895.00/hr
Devon Archer (Associate)	$725.00/hr

TOTAL HOURS BY TIMEKEEPER

Renata Vasquez	78.5 hours
Bernard Crawford	42.0 hours
James Underwood	198.0 hours
Devon Archer	158.0 hours
Total Hours	476.5 hours

TOTAL FEES BY TIMEKEEPER

Renata Vasquez (78.5 hrs × $1,650)	$129,525.00
Bernard Crawford (42.0 hrs × $1,575)	$66,150.00
James Underwood (198.0 hrs × $895)	$177,210.00
Devon Archer (158.0 hrs × $725)	$114,550.00
Subtotal Fees (pre-adjustment)	$487,435.00
Billing Adjustment (per final invoice)	($85.00)
Total Professional Fees	$487,350.00
Total Disbursements	$8,275.00
Total Engagement Cost (Fees + Disbursements)	$495,625.00
Less: Retainer Applied	($75,000.00)
Net Balance Due from Client	$420,625.00

[sheet: Invoice Detail]

Invoice Number	Invoice Date	Billing Period	Professional Fees	Disbursements	Gross Invoice Amount	Retainer Credit Applied	Net Amount Due	Cumulative Fees	Cumulative Disbursements	Cumulative Total	Payment Status
1022-00004-001	July 5, 2024	June 2024	$78,925.00	$0.00	$78,925.00	$0.00	$78,925.00	$78,925.00	$0.00	$78,925.00	Paid
1022-00004-002	August 5, 2024	July 2024	$152,340.00	$0.00	$152,340.00	$0.00	$152,340.00	$231,265.00	$0.00	$231,265.00	Paid
1022-00004-003	September 5, 2024	August 2024	$184,710.00	$0.00	$184,710.00	$0.00	$184,710.00	$415,975.00	$0.00	$415,975.00	Paid
1022-00004-004	October 3, 2024	September 2024 (Final)	$71,375.00	$8,275.00	$79,650.00	($75,000.00)	$4,650.00	$487,350.00	$8,275.00	$495,625.00	Due
TOTALS	$487,350.00	$8,275.00	$495,625.00	($75,000.00)	$420,625.00

[sheet: Timekeeper Summary]

Timekeeper	Role	Rate	June 2024 Hours	June 2024 Fees	July 2024 Hours	July 2024 Fees	August 2024 Hours	August 2024 Fees	September 2024 Hours	September 2024 Fees	Total Hours	Total Fees
Renata Vasquez	Responsible Partner	$1,650.00	14	$23,100.00	22.5	$37,125.00	28	$46,200.00	14	$23,100.00	78.5	$129,525.00
Bernard Crawford	Billing Partner	$1,575.00	8	$12,600.00	12	$18,900.00	14	$22,050.00	8	$12,600.00	42	$66,150.00
James Underwood	Lead Associate	$895.00	28	$25,060.00	56	$50,120.00	76	$68,020.00	38	$34,010.00	198	$177,210.00
Devon Archer	Working Associate	$725.00	25	$18,125.00	64	$46,400.00	53	$38,425.00	16	$11,600.00	158	$114,550.00
Subtotal (Pre-Adjustment)	75	$78,885.00	154.5	$152,545.00	171	$174,695.00	76	$81,310.00	476.5	$487,435.00
Billing Adjustment	$40.00	($205.00)	$10,015.00	($9,935.00)	($85.00)
Adjusted Total	75	$78,925.00	154.5	$152,340.00	171	$184,710.00	76	$71,375.00	476.5	$487,350.00

[sheet: Disbursements]

Date	Category	Description	Amount
June–September 2024	Travel	Travel expenses — principals meeting and client meetings (New York)	$3,450.00
June–September 2024	Meals	Working meals during negotiation sessions and team meetings	$1,125.00
June–September 2024	Research	Westmark Data Systems / online legal research charges	$2,850.00
June–September 2024	Courier	Courier and overnight delivery charges	$850.00
TOTAL DISBURSEMENTS	$8,275.00

[sheet: Trust Account]

Date	Transaction Type	Description	Deposit	Withdrawal	Balance
June 5, 2024	Deposit	Client retainer received — Northgate Telecommunications PLC (per engagement letter dated June 4, 2024, matter 1022-00004)	$75,000.00	$75,000.00
June 5, 2024 – October 2, 2024	Hold	Retainer held in Calderwood & Harkness LLP client trust account pending engagement conclusion	$75,000.00
October 3, 2024	Withdrawal	Retainer applied to final invoice 1022-00004-004 (September 2024 — Final)	$75,000.00	$0.00

[sheet: Payment Reconciliation]

Item	Amount
Total Professional Fees Billed (all invoices)	$487,350.00
Total Disbursements Billed	$8,275.00
Total Billed (Fees + Disbursements)	$495,625.00

Payments Received:

Invoice 1022-00004-001 (June 2024) — Paid	$78,925.00
Invoice 1022-00004-002 (July 2024) — Paid	$152,340.00
Invoice 1022-00004-003 (August 2024) — Paid	$184,710.00
Total Payments Received	$415,975.00
Retainer Applied to Invoice 1022-00004-004	$75,000.00
Total Credits (Payments + Retainer)	$490,975.00
Outstanding Balance (Invoice 1022-00004-004 net)	$4,650.00
Verification: Total Billed − Total Credits − Outstanding	$0.00

Record

Matter1022-00004

ClientNorthgate Telecommunications PLC

Practice areaLabor & Employment

FolderBilling

Typexlsx

Size12 KB

Parties

Northgate Telecommunications PLCHarkness LLP

Dates

June 4, 2024September 12, 2024October 3, 2024July 5, 2024August 5, 2024September 5, 2024

Amounts

$1,650.00$1,575.00$895.00$725.00$1,650$129,525.00

[sheet: Billing Summary]
Field | Value
Client | Northgate Telecommunications PLC
Client Address | 45 Canary Wharf Tower, One Canada Square, London E14 5AB, UK
US Operations Address | 600 Lexington Avenue, 38th Floor, New York, NY 10022
Matter Description | CEO Employment Agreement — Negotiation and Drafting (Marcus Elliot Harding)
Matter Number | 1022-00004
Matter Status | Closed — Terminated
Responsible Partner | Renata Vasquez
Billing Partner | Bernard Crawford
Engagement Letter Date | June 4, 2024
Engagement Close Date | September 12, 2024
Billing Summary Date | October 3, 2024
Governing Law | New York
Fee Arrangement | Hourly
BILLING RATES
Renata Vasquez (Partner) | $1,650.00/hr
Bernard Crawford (Partner) | $1,575.00/hr
James Underwood (Associate) | $895.00/hr
Devon Archer (Associate) | $725.00/hr
TOTAL HOURS BY TIMEKEEPER
Renata Vasquez | 78.5 hours
Bernard Crawford | 42.0 hours
James Underwood | 198.0 hours
Devon Archer | 158.0 hours
Total Hours | 476.5 hours
TOTAL FEES BY TIMEKEEPER
Renata Vasquez (78.5 hrs × $1,650) | $129,525.00
Bernard Crawford (42.0 hrs × $1,575) | $66,150.00
James Underwood (198.0 hrs × $895) | $177,210.00
Devon Archer (158.0 hrs × $725) | $114,550.00
Subtotal Fees (pre-adjustment) | $487,435.00
Billing Adjustment (per final invoice) | ($85.00)
Total Professional Fees | $487,350.00
Total Disbursements | $8,275.00
Total Engagement Cost (Fees + Disbursements) | $495,625.00
Less: Retainer Applied | ($75,000.00)
Net Balance Due from Client | $420,625.00
[sheet: Invoice Detail]
Invoice Number | Invoice Date | Billing Period | Professional Fees | Disbursements | Gross Invoice Amount | Retainer Credit Applied | Net Amount Due | Cumulative Fees | Cumulative Disbursements | Cumulative Total | Payment Status
1022-00004-001 | July 5, 2024 | June 2024 | $78,925.00 | $0.00 | $78,925.00 | $0.00 | $78,925.00 | $78,925.00 | $0.00 | $78,925.00 | Paid
1022-00004-002 | August 5, 2024 | July 2024 | $152,340.00 | $0.00 | $152,340.00 | $0.00 | $152,340.00 | $231,265.00 | $0.00 | $231,265.00 | Paid
1022-00004-003 | September 5, 2024 | August 2024 | $184,710.00 | $0.00 | $184,710.00 | $0.00 | $184,710.00 | $415,975.00 | $0.00 | $415,975.00 | Paid
1022-00004-004 | October 3, 2024 | September 2024 (Final) | $71,375.00 | $8,275.00 | $79,650.00 | ($75,000.00) | $4,650.00 | $487,350.00 | $8,275.00 | $495,625.00 | Due
TOTALS | $487,350.00 | $8,275.00 | $495,625.00 | ($75,000.00) | $420,625.00
[sheet: Timekeeper Summary]
Timekeeper | Role | Rate | June 2024 Hours | June 2024 Fees | July 2024 Hours | July 2024 Fees | August 2024 Hours | August 2024 Fees | September 2024 Hours | September 2024 Fees | Total Hours | Total Fees
Renata Vasquez | Responsible Partner | $1,650.00 | 14 | $23,100.00 | 22.5 | $37,125.00 | 28 | $46,200.00 | 14 | $23,100.00 | 78.5 | $129,525.00
Bernard Crawford | Billing Partner | $1,575.00 | 8 | $12,600.00 | 12 | $18,900.00 | 14 | $22,050.00 | 8 | $12,600.00 | 42 | $66,150.00
James Underwood | Lead Associate | $895.00 | 28 | $25,060.00 | 56 | $50,120.00 | 76 | $68,020.00 | 38 | $34,010.00 | 198 | $177,210.00
Devon Archer | Working Associate | $725.00 | 25 | $18,125.00 | 64 | $46,400.00 | 53 | $38,425.00 | 16 | $11,600.00 | 158 | $114,550.00
Subtotal (Pre-Adjustment) | 75 | $78,885.00 | 154.5 | $152,545.00 | 171 | $174,695.00 | 76 | $81,310.00 | 476.5 | $487,435.00
Billing Adjustment | $40.00 | ($205.00) | $10,015.00 | ($9,935.00) | ($85.00)
Adjusted Total | 75 | $78,925.00 | 154.5 | $152,340.00 | 171 | $184,710.00 | 76 | $71,375.00 | 476.5 | $487,350.00
[sheet: Disbursements]
Date | Category | Description | Amount
June–September 2024 | Travel | Travel expenses — principals meeting and client meetings (New York) | $3,450.00
June–September 2024 | Meals | Working meals during negotiation sessions and team meetings | $1,125.00
June–September 2024 | Research | Westmark Data Systems / online legal research charges | $2,850.00
June–September 2024 | Courier | Courier and overnight delivery charges | $850.00
TOTAL DISBURSEMENTS | $8,275.00
[sheet: Trust Account]
Date | Transaction Type | Description | Deposit | Withdrawal | Balance
June 5, 2024 | Deposit | Client retainer received — Northgate Telecommunications PLC (per engagement letter dated June 4, 2024, matter 1022-00004) | $75,000.00 | $75,000.00
June 5, 2024 – October 2, 2024 | Hold | Retainer held in Calderwood & Harkness LLP client trust account pending engagement conclusion | $75,000.00
October 3, 2024 | Withdrawal | Retainer applied to final invoice 1022-00004-004 (September 2024 — Final) | $75,000.00 | $0.00
[sheet: Payment Reconciliation]
Item | Amount
Total Professional Fees Billed (all invoices) | $487,350.00
Total Disbursements Billed | $8,275.00
Total Billed (Fees + Disbursements) | $495,625.00
Payments Received:
Invoice 1022-00004-001 (June 2024) — Paid | $78,925.00
Invoice 1022-00004-002 (July 2024) — Paid | $152,340.00
Invoice 1022-00004-003 (August 2024) — Paid | $184,710.00
Total Payments Received | $415,975.00
Retainer Applied to Invoice 1022-00004-004 | $75,000.00
Total Credits (Payments + Retainer) | $490,975.00
Outstanding Balance (Invoice 1022-00004-004 net) | $4,650.00
Verification: Total Billed − Total Credits − Outstanding | $0.00