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    Contingency Recruitment Service and Fee Agreement Inc. ("Recruiter" or "We") and ("Client"), (Collectively, The "Parties") - Services

    Uploaded by

    Bhie Ignacio
    1) The document is a contingency recruitment service and fee agreement between a recruitment firm called TeneoTalent, Inc. and a client. 2) Under the agreement, TeneoTalent will provide recruitment services to the client including locating applicants, and the client agrees to keep applicant information confidential. 3) TeneoTalent works on a contingency basis and will earn a fee equal to 20% of the first year's base salary if an applicant is hired within one year of being submitted.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Contingency Recruitment Service and Fee Agreement Inc. ("Recruiter" or "We") and ("Client"), (Collectively, The "Parties") - Services

    Uploaded by

    Bhie Ignacio
    62 views2 pages
    1) The document is a contingency recruitment service and fee agreement between a recruitment firm called TeneoTalent, Inc. and a client. 2) Under the agreement, TeneoTalent will provide recruitment services to the client including locating applicants, and the client agrees to keep applicant information confidential. 3) TeneoTalent works on a contingency basis and will earn a fee equal to 20% of the first year's base salary if an applicant is hired within one year of being submitted.

    Original Description:

    hihi

    Original Title

    20-Contingency-Agreement-8.2.2011

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    1) The document is a contingency recruitment service and fee agreement between a recruitment firm called TeneoTalent, Inc. and a client. 2) Under the agreement, TeneoTalent will provide recruitment services to the client including locating applicants, and the client agrees to keep applicant information confidential. 3) TeneoTalent works on a contingency basis and will earn a fee equal to 20% of the first year's base salary if an applicant is hired within one year of being submitted.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    62 views2 pages

    Contingency Recruitment Service and Fee Agreement Inc. ("Recruiter" or "We") and ("Client"), (Collectively, The "Parties") - Services

    Uploaded by

    Bhie Ignacio
    1) The document is a contingency recruitment service and fee agreement between a recruitment firm called TeneoTalent, Inc. and a client. 2) Under the agreement, TeneoTalent will provide recruitment services to the client including locating applicants, and the client agrees to keep applicant information confidential. 3) TeneoTalent works on a contingency basis and will earn a fee equal to 20% of the first year's base salary if an applicant is hired within one year of being submitted.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CONTINGENCY RECRUITMENT SERVICE AND FEE AGREEMENT

    THIS AGREEMENT is made this __________ day of __________, 2011, between TeneoTalent,
    Inc. ("Recruiter" or “we”) and (“Client”), (collectively, the “parties”).

    Services

    Recruiter provides search and placement recruitment services, including providing its clients with
    information concerning applicants whom Client agrees to consider for employment. The applicants we
    present are located through our reputation, recruiting partners, and effective recruiting tools. Client
    agrees to keep confidential the identities and related information we present concerning applicants and to
    use this information solely for the purpose of Client’s consideration of these applicants.

    Contingency Recruitment

    Client understands that we work on a contingency basis. Each order we receive must be balanced against
    all other orders currently available to us and, because the relationship is nonexclusive, the applicants we
    contact may be presented to more than one client. The fee for our services is earned if an applicant is
    hired by Client or any of its affiliates on a permanent, contract or consulting basis at any time within one
    year of the date the applicant is submitted to Client.

    Warranty/Cost

    Recruiter does not guarantee the performance of any applicant who may be hired by Client. If the
    applicant voluntarily leaves or is discharged by the Client within 90 days from the date of employment or
    commencement of contract work, we will make every effort to find a suitable replacement applicant at no
    cost, provided that Client has paid our Fee in full in accordance with the net terms of this Agreement.
    This warranty does not apply if:

     Client does not give Recruiter the exclusive opportunity to replace the applicant within a
    reasonable length of time.
     The applicant is discharged by Client following a layoff, downsizing or reorganization of the
    position.
     The applicant is discharged following the Client’s involvement in a sale or merger.

    Fee

    Client agrees to pay Recruiter a fee equal to twenty percent (20%) of the first year’s base salary (the
    “Fee”) for each applicant hired by Client. Recruiter agrees that it shall be entitled to a fee, subject to the
    terms and conditions of this Agreement, only if Recruiter is the procuring cause for Client to hire an
    applicant.

    Terms and Procedure

    Client agrees to notify Recruiter as promptly as practicable when it issues an employment offer letter to
    an applicant and again when the applicant accepts an offer. Client will provide Recruiter by fax copies of
    the offer letter and written acceptance. Recruiter understands and acknowledges that a job offer by
    Client is contingent upon a number of additional steps in the employment process including, but not
    limited to, background and reference checking. The Fee will be considered fully earned when an offer has
    been extended and accepted, and Recruiter will issue an invoice at that time. The Fee is payable in full by
    Client within thirty (30) days of the applicant’s starting date.

    Agreement Non-Exclusive

    Recruiter agrees that this Agreement is non-exclusive and that nothing in this contract shall be interpreted
    as a restriction on Client’s right to procure personnel services from any other vendor or through its own
    auspices.

    Termination

    The parties agree that either party may terminate this Agreement, in writing upon 15 days notice, at any
    time, for any reason. If terminated by Client, Recruiter is entitled to a Fee for any applicant submitted
    prior to the date of notification and hired within 180 days thereafter.

    Governing Law

    This Agreement shall be interpreted for all purposes consistent with the laws of the State of Colorado.

    Entire Agreement

    This writing constitutes the entire agreement of the parties with respect to the placement of applicants for
    employment at Client and may be amended only by a writing signed by Recruiter and Client. This
    Agreement supersedes any prior agreement between Recruiter and Client, and any prior agreements are
    null and void.

    TeneoTalent, Inc.

    By: Date: ______________________

    Name: Edwin W. Dean


    Title: Chairman

    [Client Name]

    By: Date: ______________________

    Name:
    Title: __________________________

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