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Recruiting-Staffing Firm Logo
Date
Contact Name
Contact Title
Company name
Address
Dear Contact
Name,
Following our conversation, this letter confirms our agreement with client
name. If there are any questions or comments with the
terms and conditions, please contact us
immediately.
Finder Fee: client
name
agrees to pay recruiting-staffing firm
name. a fee of twenty (20%)
percent of the applicant’s annual starting salary. This fee is not
associated with any bonuses, benefits or stock that may be part of
the applicant’s compensation.
Payment terms: Payment for placement
of a applicant is due no later than ten (10) days after the applicant’s first day of employment. In case a
applicant placed by recruiting-staffing firm
name. is hired on a contract basis,
recruiting-staffing firm
name, will charge a monthly fee of thirty (30%) of all
monies paid to the applicant. recruiting-staffing firm
name, is entitled
to interest at a rate of 18% per annum on any overdue balances, with
interest to accrue starting the applicant’s 11th day of employment.
recruiting-staffing firm
name, is further entitled to reasonable
attorney’s fees and costs incurred to collect any overdue balances.
The applicant’s first day of employment is included for purposes of
calculating the due date for payment, accrual of interest, and the
period the guarantee expires.
Guarantee: recruiting-staffing firm
name,
will guarantee all applicants for the first thirty (30) days of
employment. Should the applicant resign or be terminated within that
time, with the exception of client
name downsizing or lay-off,
recruiting-staffing firm
name, will provide another qualified
applicant to client
name at no additional cost. This guarantee is provided
only if (a) recruiting-staffing firm
name, receives written notice of
resignation / termination within 5 business days of resignation /
termination date, and (b) finders fee was paid when due.
Representation: client
name agrees to pay
recruiting-staffing firm
name, a finders fee for any
applicant hired within 180 days of
presentation provided that the submittal by recruiting-staffing firm
name,
preceded that of any other source. The form of submittal shall
include applicant’s name or resume via fax, email, voice mail, or
phone conversation. If recruiting-staffing firm
name, submits a
applicant’s name or resume, and that person is already known to client
name, you must notify
recruiting-staffing firm
name, within
forty-eight (48) hours of submittal that the applicant is known to
you: otherwise, a finders fee will be owed should a applicant be
hired within 180 days of presentation.
Confidentiality: The identity
and resume of each applicant referred by recruiting-staffing firm
name,
constitutes confidential and proprietary information and may only be
used by client
name to evaluate a
applicant, and may not be used
for any other purpose or provided to a 3rd party. The terms of this
agreement may only be modified with a writing signed by both
parties. Please sign and return at your earliest convenience.
Thank
you, | 
