TERMS FOR THE PROVISION OF RECRUITMENT SERVICES

IT IS AGREED AS FOLLOWED:

These Terms and Conditions of Business are deemed to be accepted by the Client from the date of introduction of a candidate by CF.

1. DEFINITIONS AND INTERPRETATIONS

In this Agreement, the following expressions shall have the following meanings:

“Candidate”

Means an individual introduced to the Client by CF.

“Fee”

Means the fee for the provision of the Services specified in the Agreement;

“Force Majeure”

Means any act of God, government regulation, intervention or act, insurrection or riots, civil war, military action, acts of terrorism or unrest or the requirements or regulations of any civil or military authority or any other event outside the reasonable control of the parties;

“Introduction”

Means the presentation of a candidate by CF to the Client for Appointment. Applies whether or not the Client was aware of a candidate previously or the Client knew the candidate prior to introduction;

“Total Compensation”

Candidate’s basic salary for the first year plus any further guaranteed first year income and/or written indicated bonus.

2. FEES AND PAYMENT

Fees are calculated as 30% of the candidate’s total compensation.

A minimum charge of £6,000 will apply to any engagement where the total annual remuneration is less than £20,000.

If the Client or a member of the Client’s staff refers a candidate introduced by CF to some other person or body, and that other person or body within 12 months of the introduction of the candidate engages that candidate in any capacity, whether temporary, permanent or self-employed, the Client will be liable for an introduction fee at CF’s prevailing rates at the date of notification, or discovery by CF if not notified.

If a candidate’s appointment with the Client is lawfully terminated for any reason other than redundancy any fee paid by the Client will be refunded according to the scale below:

1^st week of employment =80%

2^nd week of employment = 60%

3^rd week of employment = 40%

4^th week of employment = 20%

5^th week of employment = 0%

Invoices submitted by CF shall specify the Fee due and payable by the Client.

Invoices for fees due shall be submitted within fourteen (14) days of the commencement of the candidate’s employment at the Client. All accounts and charges are payable within thirty (30) days of said invoice.

CF reserves the right that in the event that any one or more invoices remain unpaid longer than thirty (30) days from the date of issue, interest calculated at the current Bank of England base rate plus 7% per calendar month shall be payable by the Client.

3. SEARCH ASSIGNMENT

All standard terms and conditions apply as stated, with exception of the following:

Assignment fees shall be calculated at 35% total comp.

Once a search has been commenced CF will possess candidate ownership from the production of a long list of candidates to the Client.

A minimum fee of £6,000 will apply to any Retained Assignment.

The rebate scale in s.2.6 will apply to payments made for fees paid in relation to retained assignments.

4. TERM AND TERMINATION

4.1 This Agreement shall commence on the date specified at the beginning of this Agreement and shall remain in effect unless terminated by either party on one month’s prior written notice.

5. PUBLICITY

Placement fees and Terms of Business for advertising assignments may be varied subject to the Client’s particular brief.

Any difference to the Fee Schedule and Terms of Business as laid out above will be agreed with the Client in writing prior to the commencement of the assignment. The Client is responsible for payment of all advertising costs at the agreed rate.

All assignment expenses directly connected with the exercise will be billed to the client at cost.

6. FORCE MAJEURE

Neither Party will be liable to the other for any delay or non-performance of its obligations under this Agreement arising from any cause beyond its reasonable control. The party affected by an event of Force Majeure agrees to give notice to the other with such notice to contain details of the circumstances giving rise to the event of Force Majeure.

7. LIABILITY AND INDEMNITY

The Client is deemed responsible for examining references as to the candidate’s qualification, capabilities, integrity, medical history and suitability to meet the job specification.

CF can accept no liability whatsoever on behalf of Clients, their servants or agents for any loss, damage, costs or expenses howsoever caused which the Client may suffer, or for which the Client may become liable arising out of or in connection with an introduction to the Client or the appointment by the Client of a candidate.

Any expenses incurred in connection with an assignment or an introduction, such as candidates’ or consultants’ essential travel, is agreed at outset or only following prior notification.

8. GENERAL

Nothing in this Agreement shall be deemed to create a partnership or agency relationship between CF and the Client or be deemed to authorise either party to incur any liabilities or obligations on behalf of or in the name of the other.

This Agreement is governed by and shall be construed in accordance with English law. Each of the parties hereto submits to the exclusive jurisdiction of the English courts for all purposes relating to this Agreement.

The Client shall comply, and ensure that the Staff shall comply, with any applicable legislation in the jurisdictions in which this agreement operates relating to discrimination in employment on the grounds of gender, race, age, disability, sexual orientation, religion or belief.

Carrington Fox Ltd

Signed by:______________________

Name:_________________________

Position:_______________________

Date:__________________________

(The CLIENT)

Signed by:______________________

Name:__________________________

Position:________________________

Date:__________________________