SPLIT FEE AGREEMENT
EXHIBIT 99.2 SPLIT FEE AGREEMENT
This is a 50%/50% Split fee
Agreement between__________________,
Inc having its principal place of business at__________________________and Technology Resources, Inc., having an
address of 0000 Xxxxxxxx Xxxx. #0000, Xxxx Xxxxxx, Xx. 00000.
________________________and Technology Resources, Inc. agree that should
one party place a candidate provided by the other party, with one of their
clients, the resulting placement fee will be split between the two parties on a
50%/50% basis. This includes the following types of positions: Direct Hire,
Temp-to-Hire, Consultants and other business ventures.
Both parties agree that they will honor the guarantee policy
that each has with their respective clients. In the event of a fall-off where
the fee must be returned to the client, the party supplying the candidate will
immediately return their portion of the collected fee to the party who made the
placement for re-imbursement to the client. This applies if the check was sent
out before the guarantee period is up.
Both parties agree that when
a check is received by the other party who made the placement under this
agreement, 50% of the fee will be sent to the other party within 48 hours,
excluding weekends, along with a copy of the check received from the client.
Both parties agree that they are prohibited from using each
other's candidate and client information for the purpose of locating other potential
candidates, clients or job orders.
This agreement and the application or interpretations
thereof, shall be governed exclusively by its terms and by the laws of the
State of Florida.
Either party upon written notice to the other party may
terminate this agreement at any time. However, placement fees resulting from
candidates supplied by one part to the other before the termination of this
agreement will be split between the two parties as if such termination had not
occurred.
Should either party cancel this agreement, both parties
agree to honor the term of this agreement related to candidates, clients and
job orders for a period of one year from date of termination.
In witness hereof the parties have here unto executed this Agreement.
Authorized By: Signature: DATEFill In:
Authorized By:Signature: DATE
Name: Xxxxxxx X. Xxx
CEO Technology Resources, Inc. 0000 Xxxxxxxx Xxxx. #0000 Xxxx Xxxxxx, Xx. 00000 000-000-0000 000-000-0000 (fax) xxxx@xxxxxxxxxxxx.xxx xxx.xxxxxxxxxxxx.xxx xxx.xxxxxxxxxxxxxxxxxxxxxx.xxx