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FEES and POLICIES

EXCLUSIVE RETAINED SEARCH
This program is usually used for the direct recruiting of currently employed, high level, professional, technical, or executive talent on a confidential or exclusive basis.

In acceptance of this exclusive retained search, Corporate Management Solutions, Inc. (herein after called CMS) agrees to the following:

  1. Through the best of its efforts, CMS will locate, evaluate, interview, and recommend candidates to (Client Name), (herein after called client), for the position of (Position Title).

a.    Define and develop a position specification with appropriate salary parameters approved   by client before the search process begins.

b.   Coordinate scheduling of interview(s); prepare candidate(s) and client for interview(s); debrief candidate after interview and extend/help extend offer to gain acceptance and start date.

  1. Client agrees to pay fees to CMS as follows;

a.  Based upon total estimated first years’ compensation at the rate of 30%.

b.  Payable in increments as follows:
▪  1/3 estimate ($       ) with signed agreement
  1/3 estimate ($       ) at 30 days or at presentation of candidate(s) meeting the position    specification, which ever is later.
  Final adjustment of balance due upon applicant acceptance of the position.

c.   Reasonable estimated expenses for travel will be submitted in advance for approval and will be paid monthly; as will other pre-approved expenses (direct mail, advertising, etc.)
 

3.   In consideration of the above,

  a.   If within (45) forty five days after starting, CMS determines they will not be able to  complete the search within a reasonable timeframe, they will offer the client the option of converting to contingency search with any fee deposits applying to future business or continue the search on retainer.

b.  CMS agrees to present at least two candidates that meet the original position specification if employee hired voluntarily leaves, without cause by client, within three months (3) of employment date.

c.   Client agrees to provide feedback on submitted candidates within two working days, schedule interviews within five working days for selected candidates and extend offer to selected candidate within five working days from last interview.

e.   Client will refer all resumes received from any source for this position to CMS for evaluation.

Agreed to: (CLIENT)                                   Corporate Management Solutions Inc

 By: ____________________________                        by: Thomas R. Havey CPC
                                                                       
Thomas R. Havey CPC
Dated: __________________________

 

SPECIAL CONTINGENCY SEARCH
This program us usually used for the direct recruiting of currently employed, mid to higher level technical and operational level talent with special skills.

In acceptance of this Special Contingency Search, Corporate Management Solutions, Inc. (herein after called CMS) agrees to the following:

  1. Through the best of its efforts, CMS will locate, evaluate, interview, and recommend candidates to (Client Name), (herein after called client), for the position of (Position Title).

a.   Define and develop a position specification with appropriate salary parameters approved by client before the search process begins.

b.   Coordinate scheduling of interview(s); prepare candidate(s) and client for interview(s); debrief candidate after interview and extend/help extend offer to gain acceptance and start date.
 

  1. Client agrees to pay fees to CMS as follows:

a.      Based upon total estimated first years compensation at the rate of 30%.

b.      Payable in increments as follows:
   ▪   A deposit of1/3 of the total estimated fee with signed agreement
      On multiple searches with similar position specs, the maximum deposit will
        be 1/3 of the average estimated total fee times 2.
   ▪    Final adjustment on or before start date of candidate selected
 

  1. In consideration of the above,

a.   Client agrees to provide feedback on submitted candidates within two working days, schedule interviews within five working days for selected candidates and extend offer to selected candidate within five working days from last interview.

b.   If for any reason CMS does not fill this position, the deposit will be applied to the next Special Contingency Search from this client.
 

Agreed to: (CLIENT)                                               Corporate Management Solutions Inc
 

By: ____________________________                     by: Thomas R. Havey CPC
                                                                                  Thomas R. Havey CPC, president
Dated: _________________________

 

MULTI - HIRE FLAT FEE AGREEMENT
This program usually is used where the client and CMS have a good relationship built on previous successfully completed searches and the client has a continued need for CMS's recruiting services on a long term basis.

(Client Name) agrees to pay a fixed fee of ($amount) to Corporate Management Solutions Inc, (hereinafter "CMS") for professional services rendered in the recruiting and placing a (Position Title).

OBLIGATION:
The fee is payable in two increments: ($amount) is due at inception and the balance of ($amount) is payable within 10 days of the employee’s start date.   If (Client Name) does not hire one of CMS’s candidates for this search assignment, the ($amount) initial payment will be applied toward their next CMS Search Assignment dated on or before (date one year from this agreement date).

A fee is due CMS if a candidate is hired by (Client Name), any of its affiliates, or any other employer to whom they refer our candidate within one (1) year from date of the most recent communication between them and our candidate or between (Client Name) and CMS relative to that candidate.

STANDARD REFUND POLICY:
CMS
agrees to refund one thirteenth (1/13) of fee paid, for each week remaining of the first thirteen (13) weeks of employment, if their candidate voluntarily leaves without cause by his/her employer.  Total amount of flat fee must have been received by CMS within ten (10) days of start date, for refund to apply.

Please sign and return this letter for our files (retain copy).

Agreed to: (CLIENT)                                               Corporate Management Solutions Inc
 

By: ____________________________                     by: Thomas R. Havey CPC
                                                                                  Thomas R. Havey CPC, president
Dated: _________________________

 

 

STANDARD CONTINGENCY FEE SCHEDULE:
This program us usually used when the position is not critical that it be filled immediately.

The following fee schedule of Corporate Management Solutions Inc, (hereinafter "CMS") is based upon the estimated total first years' compensation of their candidate.

                       Compensation                       Fee Percentage
                        to $39,999                                25%
                        $40,000 and up                         30%

In the case of commission compensated candidates, the fee will be 30% of a predetermined estimate of the first years' total compensation.  All fees are due and payable in full on or before the start date of our candidate.

OBLIGATION:
There is no charge for contingency services unless a candidate is hired by your company, its affiliates, or any other employer to whom you refer our candidate (hereinafter "Employer") within one (1) year from date of the most recent communication between Employer and candidate or between Employer and CMS relative to that candidate. 

Acceptance of CMS candidate referrals constitutes your agreement with our standard fee schedule, refund policy, and obligation. These shall apply unless there is a written agreement between our companies superseding any part of this standard fee schedule and policy, even if this is not signed and returned.

STANDARD REFUND POLICY:
CMS agrees to refund one thirteenth (1/13) of fee paid, for each week remaining of the first thirteen (13) weeks of employment, if their candidate voluntarily leaves without cause by his/her employer.   Total payment of fee at standard fee schedule rate must have been received by CMS within ten (10) days of start date, for refund to apply. 

Please sign and return this letter for our files (retain copy). 

Sincerely,                                   Accepted by: _________________________

                                                      Signature:  _________________________  
Thomas R. Havey CPC
 Thomas R> Havey CPC President                          Date:__________________________                           

 

 

SPECIAL SERVICES ON HOURLY BASIS
Hourly fees and services provided will be negotiated on a project by project basis and a written agreement shall be signed before any work will begin.

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