Retained Search Agreement Template

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Retained Search Agreement Template

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Retained Search Agreement Template (1)
Between:
[Name of the Recruiter]
[Recruiter’s ID]
[Recruiter’s Address]
[Recruiter’s Phone]
[Recruiter’s Email]
And:
[Name of the Client]
[Client’s ID]
[Client’s Address]
Introduction:
This agreement formalizes the retained search services to be performed for [Position Title] starting on [Contract Start Date], encompassing the detailed recruitment process and the respective responsibilities of both parties.
Clause 1: Scope of Services
The Recruiter agrees to provide the following services: identification, vetting, and presentation of candidates for the mentioned position, including [Specify any additional services like background checks or interviews].
Clause 2: Fees and Payment Structure
The Client agrees to pay the Recruiter a fee of [Amount], payable as follows: [Specify terms, e.g., a retainer fee followed by a success fee upon placement].
Clause 3: Duration of the Agreement
This agreement remains in effect for [Specify duration] from the contract start date unless terminated earlier under the accordance of Clause 5.
Clause 4: Confidentiality Obligations
Both parties agree to keep all information exchanged during the recruitment process confidential, including candidate details and proprietary business information.
Clause 5: Termination
This agreement can be terminated by either party with [Specify notice period] written notice should significant breaches occur or if either party is unable to fulfill its obligations.
Clause 6: Governing Law
This contract will be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Recruiter]
[Name of the Recruiter]
[Signature of the Client]
[Name of the Client]
Retained Search Agreement Template (2)
Between:
[Name of the Recruiting Firm]
[Firm’s ID]
[Firm’s Address]
[Firm’s Phone]
[Firm’s Email]
And:
[Name of the Client Company]
[Client’s ID]
[Client’s Address]
Introduction:
This agreement outlines the terms for conducting a retained search for the position of [Position Title] commencing on [Contract Start Date]. The services include comprehensive candidate search strategies and execution plans.
Clause 1: Description of Services
The Recruiting Firm will perform services that include: [List specific services such as market mapping, candidate outreach, and interview scheduling].
Clause 2: Payment Terms and Schedule
The Client shall pay the Recruiting Firm a fee of [Amount], distributed as follows: [Specify payment milestones, e.g., initial retainer, follow-up fees].
Clause 3: Responsibilities of Each Party
The Client agrees to provide relevant job descriptions, access to key stakeholders, and timely feedback during the recruitment process.
Clause 4: Non-Solicitation
Both parties agree to not solicit each other’s employees or candidates presented for a period of [Specify duration] following the conclusion of this agreement.
Clause 5: Termination Conditions
The agreement may be terminated by either party upon [Specify notice period], with notice given in writing for any material breaches of the agreement.
Clause 6: Jurisdiction
This agreement will be interpreted according to the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Recruiting Firm]
[Name of the Recruiter]
[Signature of the Client Company]
[Name of the Client]

Form

Please complete the form below to create the Retained Search Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Retained Search Agreement Template

1. Recruitment Firm Information


2. Client Information


3. Agreement Details


4. Job Description

5. Search Timeline

6. Fees and Payment Structure

7. Confidentiality Agreement

8. Termination Clause

9. Signature and Acceptance

10. Declaration and Signatures




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WORD

Printable

Retained Search Agreement Template

Printable | Editable Form




Retained Search Agreement Template