Fill and Sign the Recruiter Split Fee Agreement My Health Recruiter Form

Recruiting (Split Fee) Agreement Agreement made on the ________________________ (date), between ______________________________ (Recruiter Alpha) a corporation organized and existing under the laws of the state of __________________, with its principal office located at ____________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as Alpha, and ____________________________ (Recruiter Beta), a corporation organized and existing under the laws of the state of _________________, with its principal office located at ____________________________________________________________________________ (street address, city, county, state, zip code), referred to herein as Beta.Whereas, Alpha and Beta are both engaged in the business of Employee Recruiting and Consulting, particularly in the healthcare field; and Whereas, Alpha and Beta are interested in sharing candidates pursuant to the highest standards applicable in the employee recruiting industry on a “split fee” basis. Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The entity referring the Candidate (hereinafter the Referring Entity or Referrer), shall first clear a Candidate’s name in writing with the Entity attempting to place a Candidate (hereinafter the Recipient Entity or Recipient). 2. Recipient shall thereafter notify Referrer in writing of its acceptance or rejection of said Candidate within two (2) business days. Upon acceptance by Recipient, Referrer will transmit said Candidate’s full CV and all relevant Candidate information to Recipient as soon as possible. The referral will remain viable until such Candidate accepts a position.3. Recipient will thereafter utilize reasonable efforts to effect a placement of the referred Candidate, and will keep Referrer informed of any and/or all substantial progress with such Candidate, including all Interviews and Job Offers. 4. The Recipient herein agrees to split any and/or all fees received for its placement of a referred Candidate on a 50% / 50% basis with the Referring Entity. The Recipient Entity shall transmit Referring Entity’s portion of such fees within five (5) days of receipt of payment from Recipient Entity’s client.5.The Referring Entity herein agrees to comply with the terms and conditions of the Recipient Entity’s agreement(s) with the entity hiring the Candidate, including, but not limited to, terms regarding refunds and/or replacement of terminated candidates. In the event a refund and/or replacement should become necessary, Recipient shall immediately notify Referrer and grant Referrer every opportunity to effect a resolution to the problem.6. Each of the parties hereto agrees to act in good faith toward the other party. Both parties agree to abide by the terms of the Code of Ethics and Standards of Practice adopted by the (e.g., National Association of Executive Recruiters or the National Association of Physician Recruiters) ________________________________________________________. 7.This Agreement supersedes any previous Agreement in effect between the two parties. Either party shall have the right to terminate this Agreement without cause, upon written notification to the other party. In the event termination should take place, all provisions of this Agreement shall remain in full force and effect with respect to any Candidate referrals occurring prior to termination, any candidate placements which occur as a result of such referrals, and/or monies due and owing as a result of placement of referred Candidates. 8.No Waiver The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 9. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of _________________. 10. Notices Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 11. Attorney’s Fees In the event that any lawsuit is filed in relation to this Agreement, the unsuccessful party in the action shall pay to the successful party, in addition to all the sums that either party may be called on to pay, a reasonable sum for the successful party's attorney fees. 12. Mandatory ArbitrationAny dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 13. Entire Agreement This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 14. Modification of Agreement Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 15. Assignment of Rights The rights of each party under this Agreement are personal to that party and may not be assigned or transferred to any other person, firm, corporation, or other entity without the prior, express, and written consent of the other party. 16.Counterparts This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute but one and the same instrument. In this contract, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminineWITNESS our signatures as of the day and date first above stated._______________________________ _______________________________ (Name of Alpha) (Name of Beta) By: ______________________________ By: _____________________________ _________________________________ ________________________________(Printed name & Office in Corporation) (Printed name & Office in Corporation_________________________________ ________________________________(Signature of Officer) (Signature of Officer)