Retained Leadership Search Contract
RETAINED LEADERSHIP RECRUITMENT SERVICES AGREEMENT
Thank you for contracting with the undersigned, doing business as C.L.E.A.R. to help you with your Recruitment needs. This Recruitment Services Agreement (this “Agreement”), between you, _____, (“Client”) and C.L.E.A.R (“CLEAR”), sets forth the terms and conditions by which CLEAR shall provide you as our Client with Recruitment services (the “Services”, as described in Section 1, below) in your organization’s effort to welcome new leadership. You, as our Client, agree to the financial agreement set forth in section 2, and CLEAR, in turn, will be honored and excited to provide the Agreed Services to you our Client, and we confirm this mutual arrangements by our signatures on this Agreement and the initiation of payments as provided herein.
C.L.E.A.R. is engaged through this contract to provide Recruitment Services for ________________________roles at the Client. Services may include any combination of specific Services listed in the Recruitment Services Appendix.
Client shall pay a Retainer of $15,000.00___________ to be paid in monthly installments of $__________. The relationship between Client and C.L.E.A.R. shall be exclusive.
The Search fee is ________ percent (____%) of the ____________ annual compensation. The Search fee (less any retainer paid) shall be paid within ten (10) days of a Hired C.L.E.A.R. Candidate’s Start Date. “Start Date” shall mean the first day the Hired C.L.E.A.R. Candidate is working at Client on a full-time basis. C.L.E.A.R. will invoice Client for all fees on the Start Date.
Client will be responsible for pre-approved search expenses including but not limited to candidate travel, video conferencing, and job postings. These expenses are not expected to be more than $5,000.00. C.L.E.A.R. must submit all expense for preapproval prior to incurring said expenses.
All referrals of candidates from C.L.E.A.R. to Client must be made via a current resume of the candidate’s qualifications, and must include the candidate’s name.
A Search fee shall be payable only if Client hires any C.L.E.A.R. candidate within one (1) year of the end date of services provided by C.L.E.A.R. (as described in paragraph above) to Client. Client shall not be liable for any fees or compensations to C.L.E.A.R. for Hired C.L.E.A.R. Candidates who’s Start Dates are more than one (1) year after the end date of services provided by C.L.E.A.R. to Client.
C.L.E.A.R. will guarantee placements for ninety (90) days. If a Hired C.L.E.A.R. Candidate leaves or is terminated for any reason other than layoff, separation due to reduction in workforce or an “Act of God,” within ninety (90) days of his/her Start Date, C.L.E.A.R. will find a replacement acceptable to Client within ninety (90) days of Replacement Notification. “Replacement Notification” shall mean the date by which Client provides written notice (email notification shall suffice) to C.L.E.A.R. of the need for Hired C.L.E.A.R. Candidate replacement.
If C.L.E.A.R. has not secured a suitable replacement ninety (90) days subsequent to the Client’s Replacement Notification, C.L.E.A.R. shall, at the Client’s sole option, continue the replacement search or provide a 50% refund of the applicable fee paid by Client to C.L.E.A.R..
C.L.E.A.R. is not an agent, employee, partner or joint venturer with the Client, and shall have no authority to make any representations on behalf of Client or to bind Client in any way.
This Agreement is effective as of the last date signed below, and is effective until terminated by either party upon five (5) days’ written notice to the other. If Client terminates this Agreement, C.L.E.A.R. will be entitled to all placement fees which may become payable after such termination under the terms of this Agreement. If Agreement is terminated by C.L.E.A.R., Client will be entitled a refund of all fees paid.
This Agreement contains all the covenants and agreements between the parties with respect to the rendering of such Services in any manner whatsoever. Both parties agree to hold confidential all information learned from both parties during the term of this Agreement. This Agreement may only be modified in writing when signed by Client and CLEAR. This Agreement shall be governed by and interpreted in accordance with the laws of the State of Washington, and both parties consent to the exclusive jurisdiction of and venue in the State and Federal Courts located in King County, Washington.
Print Name: _Client, a married/single man/woman
City, St Zip: ______________________
Date: __[ Date ]_
Print Name: _____________________
Title: __________ Director
Date: ____[ Date ]____