Booz I Allen I Hamilton
Booz I Xxxxx X Xxxxxxxx
January 19, 2005 Xxxx Xxxxx & Xxxxxxxx
Technology Resources, Jnc. 0000 Xxxxxxxxxx Xxxxx
Xxxxxxx Xxx, President McLean, Virginia 22102
0000 Xxxxxxxx Xxxx
Suite 1305 Tel (000) 000-0000
Palm Harbor, FL 34684 Fax (000) 000-0000
xxx.xxxxxxxxx.xxx
Dear Xxxxxxx:
This letter confirms Xxxx Xxxxx Xxxxxxxx Inc:s (Xxxx Xxxxx) contingent recruiting .fee agreement with Technology Resources, Inc (for the purpose of this agreement “agency" refers to Technology Resources, Inc). The terms of the agreement are set forth below.
GENERAL The agency will search for potential candidates and submit their active
AGREEMENT: resumes to Booz Allen’s Recruiting department.
DEFINITION OF A resume is considered an “active resume” if all of the following conditions
ACTIVE RESUME: are met:
1. It is referred only through a Recruiting Services professional representative
within Xxxx Xxxxx.
2. The resume has not been submitted through any other non-agency source
within the past six months;
3. No on-going discussions are occurring with the candidate through any
other source at the time of resume receipt.
4. A Recruiting Services employee contacts the Agency to express interest in
the candidate;
5. The Agency assists in the hiring of the candidate by Xxxx Xxxxx Xxxxxxxx
6. A final disposition has not been reached.
A resume will also be considered active if the candidate is recontacted directly
by Xxxx Xxxxx within six months of the initial referral.
FEE AGREEMENT: It is agreed that Xxxx Xxxxx will pay the agency 20% of the annual base salary
if your referral of an “active resume” (as defined above) leads directly to Xxxx
Xxxxx hiring the individual.
Xxxx Xxxxx will not at any time pay a fee of more than $15,000, regardless
of starting salary.
GUARANTEE: No fee will be due for any individual that terminates Xxxx Xxxxx Xxxxxxxx
Inc. within 90 days. If the individual terminates between 91 and 120 days, 66%
of the appropriate fee will be refunded to Xxxx Xxxxx, and between 121 and
180 days, 33% of the appropriate fee will be refunded to Xxxx Xxxxx.
CONTACT WITH All contacts made with Xxxx Xxxxx, including contracts, transactions and
XXXX XXXXX referral of applicants, must be made with a professional representative of the
REPRESENTATIVES: Recruiting Services department. It is agreed that no fee will be charged for
those applicants or services resulting from contacts with Xxxx Xxxxx outside
the Recruiting Services department.
NON- The agency agrees not to solicit employees of Xxxx Xxxxx for employment by
SOLICITATION:
any third party during the term of this agreement and for two years after the
termination or expiration of this agreement.
PAYMENT TERMS: The Placement Fee for the search shall be paid net 30 days following the start
date of the hired individual.
The Placement Fee and expenses shall be invoiced to:
Xxxx Xxxxx Xxxxxxxx, Inc.
0000 Xxxxxxxxxx Xxxxx, Xxxxx X0000
McLean, VA 22102
Attn: Xxxxxxx Xxxxx
Invoices must include the name of the recruiter with whom the agency is
working, starting salary, start date, and fee percentage.
EXPENSES: Any and all out-of-pocket miscellaneous expenses including but not limited
to long distance telephone, communication, express shipping, postage, travel,
etc. for expenses incurred in connection with the search and placement of a
candidate will be borne solely by the agency and will not be billed to Xxxx
Xxxxx.
TENURE: This agreement shall be effective for a period of one (1) year, commencing on
the date set forth above, unless earlier terminated by Xxxx Xxxxx. Xxxx Xxxxx’x
sole liability shall be to pay any fees and expenses owed to the agency
hereunder prior to the end of the one year period.
NOT AN AGENT: The agency is and shall at all times be deemed an independent entity and not
an agent or employee of Xxxx Xxxxx.
APPLICABLE LAW: This agreement and performance hereunder will be governed by and
construed in accordance with the laws of the Commonwealth of Virginia.
EQUAL Xxxx Xxxxx is an Equal Opportunity Employer. It is the policy of Xxxx Xxxxx
OPPORTUNITY: to hire the most qualified individuals without regard to race, color, religion,
sex, age, marital status, sexual orientation, national origin, or veterans status.
The agency shall use its best efforts to recruit a diverse group of candidates,
which shall include but not be limited to minorities, females, Vietnam War era
Veterans, and persons with disabilities to fill Xxxx Xxxxx openings. Upon
acceptance of this agreement, the agency agrees to cooperate with this policy.
WARRANTY: The agency warrants that (I) the agency has the authority and the right to enter
into this Agreement and to perform the Services hereunder, (ii) performance of
the Services do not and will not conflict with or result in any breach or
violation of any other contracts, agreements, understandings or other obligations
that the agency has or will have with other third parties; (iii) the Services shall
be performed in a competent and professional manner; (iv) the agency will
comply with U.S., State and local laws and regulations including without
limitation, the U.S. Procurement Integrity Act, 41 U.S.C. in the performance of the
Services.
INDEMNITY: The agency agrees to indemnify and save harmless Xxxx Xxxxx, its officers, directors,
agents, and employees from and against any and all claims and liability, loss
expenses, suits, damages, judgments, demands, and costs (including reasonable
legal and professional fees and expenses) arising out of:
1. Negligent acts or wilful misconduct of the agency, its employees, officers, directors
agents or its subcontractors; or
2. Breach of the warranty provisions of this Agreement.
PRECEDING This Agreement supercedes any previous agreements between Xxxx Xxxxx and the agency.
AGREEMENTS:
Acknowledge your understanding and acceptance of this agreement by signing this letter below and
returning it to me.
Sincerely,
XXXX XXXXX XXXXXXXX INC.
By:/s/ Xxxxxx Xxxxxx
Name: Xxxxxx Xxxxxx
Title: Director of Industry recruiting
ACCEPTED AND AGREED TO:
Technology Resources, Inc.
By:/s/ Xxxxxxx X. Xxx
Name: Xxxxxxx X. Xxx
Title: President