Candidate Ownership Sample Clauses

The Candidate Ownership clause defines which party has the rights to represent or claim a candidate in recruitment or staffing arrangements. Typically, this clause specifies that once a candidate is introduced to a client by a recruiter or agency, that recruiter is recognized as the owner of the candidate for a set period, often ranging from several months to a year. This prevents disputes between agencies or recruiters over commission entitlement if the candidate is later hired by the client. The core function of this clause is to clarify representation rights and avoid conflicts or double payments in candidate placements.
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Candidate Ownership. (a) If you choose to interview a candidate presented by us to you or on- refer such candidate to a third-party then you acknowledge that the candidate has been introduced by us subject to these Terms, and that any previous interactions, communications or employment relationships have no bearing on our introduction or the fees payable according to these Terms. (b) If you interview a candidate and then within the following twelve (12) months: i. Employ that candidate in permanent work, then the terms relating to Permanent Recruitment as indicated at Clause 2 will apply. These include (but are not limited to) the fees payable for Permanent Recruitment services, ii. Engage that candidate on a contract, then the terms relating to Fixed Term Recruitment or Contracting Recruitment as indicated at clauses 3 and 4 (as the case may be) will apply. These include (but are not limited to) the fees payable for Fixed Term Recruitment or Contracting Recruitment in accordance with causes 3 or 4 as the case may be. (c) A fee (at our standard rates current at the time) will also be payable by you if you refer a candidate introduced by us to another party who subsequently employs or otherwise engages that candidate. (d) Our entitlement to a fee will continue for a period of twelve (12) months from the date we introduced the candidate to you, or the date the candidate completed an assignment with you, whichever is the later. (e) This clause 6.2 applies when a candidate introduced by us to you introduces another candidate (“Referred Candidate”) to you and that introduction results in permanent employment or contractual engagement of the Referred Candidate. For the avoidance of doubt, you must pay in full the appropriate fee in accordance with these Terms in relation to each such engagement of any Referred Candidate.
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Candidate Ownership. 6.1 In the event McLaren employs a Temporary Worker as a permanent McLaren employee (including fixed term contracts) during the Period of Engagement, McLaren shall be liable to pay a Fee of fifteen percent (15%) of the annual starting salary (excluding all other emoluments or benefits) of the relevant Temporary Worker. Such fees are subject to the following sliding scale: 6.2 In the event McLaren engages the Temporary Worker via an alternative supplier during the Relevant Period, McLaren shall pay the Supplier Fee that would have been due to the Supplier for the remainder of the Relevant Period. 6.3 For the avoidance of doubt, where a Temporary Worker is Engaged on more than one occasion and there is a forty two (42) days (6 week) break between the Engagement Period, the commencement date of the most recent Engagement shall be deemed to be the date for the purposes of calculating the Relevant Period. 6.4 If a Temporary Worker is not Engaged by McLaren within six (6) months from the date of Introduction of the Temporary Worker, the Supplier has no right to a Fee in respect of that Temporary Worker even where such Temporary Worker is subsequently engaged by McLaren, irrespective of the method of engagement. 6.5 The Regulations shall apply to Temporary Workers who are opted in Temporary Workers and the fees set out in Paragraph 7.1.1 and 7.1.2 shall apply to the 8 and 14 week periods referred to at Regulation 10 of the Regulations.
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Candidate Ownership. If the Candidate is engaged by the Client for any position in any capacity (including but not limited to via fixed term, permanent positions, perform work for the Client via a third party pay-roll agency, via a contract for service, or being an independent contractor) (the “Engagement”) after the initial introduction date, the applicable Fees under Clause 3 will be payable by the Client. This clause shall survive termination and/or expiration of these T&Cs for 12 months from the date of expiration or termination.
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Candidate Ownership. The Authority will advertise all job roles on the Civil Service (CS) Jobs Board. The Supplier is required to check with potential candidates whether they have already submitted an application via the CS Jobs Board to the CPS prior to submission to avoid duplication and issues with Candidate Ownership between the Supplier and the CPS.
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Candidate Ownership. 11.1 Unless a different Placement Fee is expressly payable under this Agreement, the Client shall pay Norland a Permanent Placement Fee calculated in accordance with Clause 11.2 where the Client Engages, whether directly or indirectly, any Nanny within 12 months from the date Norland Introduced the Nanny to the Client. 11.2 Where the Nanny is Engaged by the Client in a Permanent Vacancy, the Client shall pay Norland a Permanent Placement Fee which shall be calculated as a percentage of the Nanny's Gross Remuneration applicable during the first 12 months of the Engagement as set out in the Fee Structure. 11.3 Where Norland and the Client agree in writing that the Nanny is Engaged by the Client in a Fixed Term Vacancy, the Client shall pay Norland a Fixed Term Placement Fee. 11.4 The Fixed Term Placement Fee shall be equal to the Permanent Placement Fee but shall be calculated on the Nanny's Gross Remuneration applicable during the fixed term. 11.5 Where the Engagement is extended beyond the initial fixed term or where the Client re- Engages the Nanny within 12 months from the date of the expiry or termination of the first Engagement, the Client shall pay Norland a further Fixed Term Placement Fee based on the Nanny's Gross Remuneration applicable for the period of the second and subsequent Engagements following the initial fixed term period up to the date of the expiry or termination of the second and subsequent Engagements. 11.6 The Client shall not be required to pay a Fixed Term Placement Fee which exceeds 12 months' Engagement in total. 11.7 Where ▇▇▇▇▇▇▇ and the Client agree in writing that the Nanny is Engaged by the Client in a NQN Vacancy, the Client shall pay Norland a NQN Placement Fee which shall be calculated as a percentage of the Nanny's Gross Remuneration applicable during the Engagement as set out in the Fee Structure. 11.8 Where ▇▇▇▇▇▇▇ and the Client agree in writing that the Nanny is Engaged by the Client in a Temporary Vacancy: 11.8.1 the Client shall pay Norland a Temporary Placement Fee which shall be calculated as set out in the Fee Structure; and 11.8.2 the Client shall pay Norland the Temporary Placement Fee for the whole term of the Engagement prior to the start of the Engagement. 11.9 Where the Client and ▇▇▇▇▇▇▇ agree in writing to extend the Engagement beyond the initial term, the Client shall pay Norland further Temporary Placement Fees calculated as set out in the Fee Structure for the duration of the extension. 11.10 Except w...
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Candidate Ownership a) If a candidate is submitted to the employer via Talentory – and the employer already interviewed this candidate during the last 12 (twelve) months (immediately preceding the latest submission) – the employer must inform Talentory of this fact within 5 (five) working days after submission. The employer must specify the source and the position for which the candidate was previously interviewed. In the event that the employer does not inform Talentory in the manner and timeframe described in this clause, the candidate shall be deemed placed via Talentory, if the placement of this candidate occurs. b) If the employer declines a candidate proposed via Talentory, but the employer hires this candidate within 12 (twelve) months after the submission date, the employer shall inform Talentory within 10 (ten) working days following the execution of the employment contract. The success fee shall be calculated as follows: 1. If the position the candidate is hired for, was not published on the platform, the employer shall pay Talentory the previously agreed-upon success fee, as defined on the platform for the vacancy the candidate was originally submitted to. 2. If the position the candidate is hired for, was published on the platform (and perhaps then withdrawn) the employer shall pay Talentory the agreed success fee, as it is defined on the platform for the vacancy now filled by the candidate. The conditions for the final position cannot be lower than for the original position the candidate was submitted to.
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Candidate Ownership.  A candidate presented to Customer via KellyOCG in response to a recruitment request or requisition will remain the property of the supplier for a period of 12 months following the candidate submission. If at any time during the 12 month period after candidate has been submitted, Customer makes an offer and candidate begins work, Supplier will be allowed to charge the fees as agreed for requisition.
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Candidate Ownership. In the event that the Client subsequently offers a candidate a contract of employment within a 12 month period of the initial submission of the CV, or 12 months from the last interaction if they have been interviewed by the Client, then the full amount of fee shall be due and invoiced according to these terms.
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Related to Candidate Ownership

  • The Participating Interests Each Lender (other than the Lender acting as L/C Issuer in issuing the relevant Letter of Credit), by its acceptance hereof, severally agrees to purchase from the L/C Issuer, and the L/C Issuer hereby agrees to sell to each such Lender (a “Participating Lender”), an undivided percentage participating interest (a “Participating Interest”), to the extent of its Percentage, in each Letter of Credit issued by, and each Reimbursement Obligation owed to, the L/C Issuer. Upon any failure by the Borrower to pay any Reimbursement Obligation at the time required on the date the related drawing is to be paid, as set forth in Section 1.3(c) above, or if the L/C Issuer is required at any time to return to the Borrower or to a trustee, receiver, liquidator, custodian or other Person any portion of any payment of any Reimbursement Obligation, each Participating Lender shall, not later than the Business Day it receives a certificate in the form of Exhibit A hereto from the L/C Issuer (with a copy to the Administrative Agent) to such effect, if such certificate is received before 1:00 p.m. (Chicago time), or not later than 1:00 p.m. (Chicago time) the following Business Day, if such certificate is received after such time, pay to the Administrative Agent for the account of the L/C Issuer an amount equal to such Participating Lender’s Percentage of such unpaid or recaptured Reimbursement Obligation together with interest on such amount accrued from the date the related payment was made by the L/C Issuer to the date of such payment by such Participating Lender at a rate per annum equal to: (i) from the date the related payment was made by the L/C Issuer to the date two (2) Business Days after payment by such Participating Lender is due hereunder, the Federal Funds Rate for each such day and (ii) from the date two (2) Business Days after the date such payment is due from such Participating Lender to the date such payment is made by such Participating Lender, the Base Rate in effect for each such day. Each such Participating Lender shall thereafter be entitled to receive its Percentage of each payment received in respect of the relevant Reimbursement Obligation and of interest paid thereon, with the L/C Issuer retaining its Percentage thereof as a Lender hereunder. The several obligations of the Participating Lenders to the L/C Issuer under this Section 1.3 shall be absolute, irrevocable, and unconditional under any and all circumstances whatsoever and shall not be subject to any set-off, counterclaim or defense to payment which any Participating Lender may have or have had against the Borrower, the L/C Issuer, the Administrative Agent, any Lender or any other Person whatsoever. Without limiting the generality of the foregoing, such obligations shall not be affected by any Default or Event of Default or by any reduction or termination of any Commitment of any Lender, and each payment by a Participating Lender under this Section 1.3 shall be made without any offset, abatement, withholding or reduction whatsoever.

  • Beneficial Ownership The Company shall not effect any conversions of this Note and the Holder shall not have the right to convert any portion of this Note or receive shares of Common Stock as payment of interest hereunder to the extent that after giving effect to such conversion or receipt of such interest payment, the Holder, together with any affiliate thereof, would beneficially own (as determined in accordance with Section 13(d) of the Exchange Act and the rules promulgated thereunder) in excess of 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion or receipt of shares as payment of interest. Since the Holder will not be obligated to report to the Company the number of shares of Common Stock it may hold at the time of a conversion hereunder, unless the conversion at issue would result in the issuance of shares of Common Stock in excess of 4.99% of the then outstanding shares of Common Stock without regard to any other shares which may be beneficially owned by the Holder or an affiliate thereof, the Holder shall have the authority and obligation to determine whether the restriction contained in this Section will limit any particular conversion hereunder and to the extent that the Holder determines that the limitation contained in this Section applies, the determination of which portion of the principal amount of this Note is convertible shall be the responsibility and obligation of the Holder. If the Holder has delivered a Conversion Notice for a principal amount of this Note that, without regard to any other shares that the Holder or its affiliates may beneficially own, would result in the issuance in excess of the permitted amount hereunder, the Company shall notify the Holder of this fact and shall honor the conversion for the maximum principal amount permitted to be converted on such Conversion Date in accordance with Section 3(a) and, any principal amount tendered for conversion in excess of the permitted amount hereunder shall remain outstanding under this Note. In the event that the Market Capitalization of the Company falls below $2,500,000, the term “4.99%” above shall be permanently replaced with “9.99%”. “Market Capitalization” shall be defined as the product of (a) the closing price of the Common Stock of the Common stock multiplied by (b) the number of shares of Common Stock outstanding as reported on the Company’s most recently filed Form 10-K or Form 10-Q. The provisions of this Section may be waived by Holder upon not less than 65 days prior written notification to the Company.