Common use of Hiring Fee Clause in Contracts

Hiring Fee. In the event Partner hires any Developer within one year after the end of the Term, Partner shall pay a hiring fee of either (i) 50% of the Developer’s first year salary or (ii) 25% of the Developer’s first year salary if Partner adds one first-year Developer for a minimum one year engagement at the then published rate.

Hiring Fee. In the event Partner hires any Developer within one year after the end of the Term, Partner shall pay a hiring fee of either (i) 50% of the Developer’s first year salary or (ii) 25% of the DeveloperXxxxxxxxx’s first year salary if Partner adds one first-year Developer for a minimum one year engagement at the then published rate.