Common use of Payment and Guarantee Clause in Contracts

Payment and Guarantee. a. Client shall pay SGI a recruitment fee (the “Fee”). The Fee is calculated as a percentage of the “Total Compensation,” which is a Candidate’s anticipated total first year’s earnings, including salary, commission, bonuses, relocation, allowances, guarantees, incentives, draw earnings and fringe benefits. The Fee is calculated per the table below: Salary Range Fee $100,000 to $149,999.99 25% of the Total Compensation $150,000 to $199,999.99 30% of the Total Compensation $200,000 and above 35% of the Total Compensation

Appears in 3 contracts

Samples: Recruitment Agreement, Recruitment Agreement, Recruitment Agreement

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Payment and Guarantee. a. Client shall pay SGI a recruitment fee (the Fee”). The Fee is calculated as a percentage of the “Total Compensation,” which is a Candidate’s anticipated total first year’s earnings, including salary, commission, bonuses, relocation, allowances, guarantees, incentives, draw earnings and fringe benefits. The Fee is calculated per the table below: Salary Range Fee $100,000 to $149,999.99 25% of the Total Compensation $150,000 to $199,999.99 30% of the Total Compensation $200,000 and above 35% of the Total Compensation

Appears in 1 contract

Samples: Recruitment Agreement

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