Sample 1 -
Permanent & Contract
This
Agreement is made and entered into this Day ________ of 2001, by and
between _________________ (hereafter referred to as "agency") and
_________________________. This agreement sets out the terms of fee
sharing between the two companies, both of which are agencies engaged
in recruiting and/or staffing services, each for its own specific
clients, firms, and institutions.
TERMS
& CONDITIONS
1.
Full Time Placements: Both agencies agree to share evenly the fee
collected for the placement of each referred Full Time applicant/candidate.
The agency receiving the fee will forward a copy of the client's check,
and one-half of the earned fees to the agency that supplied the candidate(s),
on the day any payment is received.
2.
Contract Placements: Both agencies agree to share evenly the Gross
Profit of the hourly fee collected for the placement of each referred
applicant/candidate. The Gross Profit for each candidate is defined
as the Gross Revenues minus the Employee Costs (if applicable). Employee
Costs are solely defined for the purpose of this specific agreement
as the amounts required by law that are to be deducted from the employee's
salary such as Social Security Tax, State Income Tax, Federal Income
Tax, Medicare, and SDI. The agency receiving the fee will forward
a copy of the client's check, an explanation of the specific Employee
Costs of the candidate, and one-half of the Gross Profit to the agency
that supplied the candidate(s), on the day any payment is received.
3.
Contract to Full Time Placements: Any contract-to-full time candidate(s)
that have been placed with a customer/client and is subsequently hired
by the client as a full-time employee, the agency placing the candidate
with the client shall be required to share evenly any fee/commission
collected for the placement. The agency receiving the fee/commission
will forward a copy of the client's check, and one-half of the fee/commission
to the agency that supplied the candidate(s), on the day any payment
is received.
4.
Any three-way interagency split agreements must have prior written
approval from all agencies involved.
5.
Neither agency may assign or pledge any rights or obligations hereunder
and may not subcontract any portion of its obligations hereunder to
any other party.
6.
Neither agency will represent themselves as an affiliate in any way
to any customers of the other agency.
7.
During the term of this Agreement and for a period of one (1) year
following the written termination of this Agreement, both agencies
agree not to solicit or attempt to solicit, either directly or indirectly,
the business or trade of each others existing customers/clients.
8.
Candidates are referred without time limitations for split fee purposes.
When a referred candidate is hired through this agreement, it shall
be the responsibility of the agency placing the candidate to notify
the referring agency of the placement, including all terms of the
placement.
9.
The terms for each job order regarding the specific placement fee
and/or any reimbursement agreement shall be identified between the
agencies. If either agency is required to reimburse a placement fee
to a customer/client on a candidate that was placed through this interagency
contract/agreement, the reimbursement will be shared equally by both
agencies.
10.
The rights and responsibilities of the parties set forth in this agreement
shall be governed under California law.
11.
This recruiting agreement supercedes any previous agreements between
the two agencies, if applicable, and shall remain in perpetual effect
through any corporate/company name changes by either party. This agreement
may be terminated by either party with seven (7) days written notice
to the other party.
12.
This recruiting agreement constitutes the entire agreement of the
parties hereto and no representations, inducements, promises or agreements,
oral or otherwise, between the parties, not embodied herein unless
contained in a modification in writing executed by all of the parties
hereto, shall be of any force and effect.
13.
If any term or provision of this Agreement shall be found to be illegal
or otherwise unenforceable, the same shall not invalidate the whole
of this Agreement, but such term or provision shall be deemed modified
to the extent necessary by the adjudication to render such term or
provision enforceable, and the rights and obligations of the parties
shall be construed and enforced accordingly, preserving to the fullest
permissible extent the intent and agreements of the parties herein
set forth.
14.
Any and all disputes, controversies and claims arising out of or relating
to this Agreement or concerning the respective rights or obligation
hereunder of the parties hereto shall be settled and determined by
arbitration before the Commercial Panel of the American Arbitration
Association in accordance with the Commercial Arbitration Rules. The
arbitrators shall have the power to award specific performance or
injunctive relief and reasonable attorneys' fees and expenses to any
party in any such arbitration. However, in any arbitration proceeding
arising under this Agreement, the arbitrators shall not have the power
to change, modify or alter any express condition, term or provision
hereof, and to that extent the scope of their authority is limited.
The arbitration award shall be final and binding upon the parties
and judgment thereon may be entered in any court having jurisdiction
thereof.