Introduction Fee Clause Samples
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Introduction Fee. 4.2.1 Where Acolyte is the effective cause of an Engagement or Introduction, the Client will pay an Introduction Fee to Acolyte in respect of each Candidate who is Engaged within the Introduction Period, irrespective of whether the Candidate is Engaged in the position for which the Candidate was originally Introduced.
4.2.2 The Introduction Fee payable to Acolyte by the Client in respect of an Engagement shall be an amount equivalent a percentage of the Remuneration, rounded to the nearest pound and calculated in accordance with the Fee Scale.
4.2.3 If the precise Remuneration is not known, if the Client fails to provide details of the Remuneration to Acolyte or if it is impracticable to calculate the Remuneration, Acolyte will charge an Introduction Fee based on the Remuneration which, in Acolyte’s reasonable opinion, is the typical market rate for the Engagement.
4.2.4 Acolyte shall issue an invoice for the Introduction Fee at the point of Engagement or as soon as reasonably practicable thereafter. VAT shall be charged at the standard rate on Acolyte’s invoices.
Introduction Fee. Partners receive a fee credited to their annual subscription fee for each signed-up business they introduce to the Authentic Business Network. The fee shall be £100 per new partner.
Introduction Fee. In accordance with 4.2. of this Agreement, if You introduce the Care & Support Worker to a third party which results in their employment or engagement, We reserve the right to charge a fee which shall be a minimum of £2,000. Cancellation Fee: The cost of the scheduled assignment. Service Suspension Fee: 50% of the applicable daily rate stated in the Fee Schedule.
Introduction Fee. The parties agree that, upon the successful consummation of the Merger, Surg will issue to Key West Associates, LLC and other Persons designated by Key West Associates, LLC a 5-year warrant (the "KEY WEST WARRANT") to purchase 550,000 shares of Surg Common Stock at a price of $1.25 per share. Such issuance shall be made in accordance with an exemption from the registration requirements of the Securities Act and applicable state securities laws.
Introduction Fee. 2.1 The Introduction Fee will be of the Basic Remuneration of the Temporary Worker. For the avoidance of doubt no Introduction Fee is payable if the Temporary Worker is Engaged on a permanent basis outside the Restricted Period.
Introduction Fee. Upon execution of this Agreement, the Agent will reimburse the Bank in relation to any fees which the Bank has paid to a recruitment agency, recruitment agent or other person in exchange for that recruitment agency, recruitment agent or other person introducing the Agent to the Bank.
Introduction Fee. If the Representative introduces to the Company any target business with which the Company consummates an initial Business Combination, the Company shall pay to the Representative a fee in connection with that introduction (the “Introduction Fee”) equal to 1.0% of the Total Consideration (as defined below). The Introduction Fee, if any, shall be payable by the Company to the Representative in cash at the time of consummation of such initial Business Combination. For purposes of this Agreement, “Total Consideration” shall mean the total value of all cash, securities, or other property paid or transferred at the Closing (or Closings) by or to the Company, the Target and/or their respective shareholders or to be paid or transferred in the future to such parties with respect to such Business Combination (other than payments of interest or dividends), including, without limitation, any value paid in respect of (i) the assets of the Company or Target, (ii) the share capital of the Company or Target (and any securities convertible into options, warrants or other rights to acquire such shares), and (iii) the assumption, retirement or defeasance, directly or indirectly (by operation of law or otherwise), of any long-term liabilities of the Company or Target or repayment of indebtedness, including, without limitation, indebtedness secured by the assets of the Company or Target, capital leases or preferred shares obligations. Notwithstanding the foregoing, if the Business Combination contemplates the Target or newly formed holding company being the surviving entity in the Business Combination and issuing its securities to the Company as consideration, the Total Consideration will be deemed to be the fair market value of the Target as indicated in the Business Combination’s definitive acquisition agreement and proxy materials. If Total Consideration paid or transferred in the Business Combination includes non-cash consideration consisting of ordinary shares, options, warrants or rights for which a public trading market existed prior to the Closing, then the value of such securities shall be determined by the closing or last sales price thereof on the date that is two business days prior to the record date for the vote on the Business Combination. If all or a portion of the Total Consideration paid or transferred in the Business Combination is other than cash and securities (as described above), then the value of such other consideration shall be the fair market value ...
Introduction Fee. 3.3.1 Where Acolyte is the effective cause of an Engagement or Introduction, the Client will pay an Introduction Fee to Acolyte in respect of each Candidate who is Engaged within the Introduction Period, irrespective of whether the Candidate is Engaged in the position for which the Candidate was originally Introduced.
3.3.2 The Introduction Fee payable to Acolyte by the Client in respect of an Engagement shall be an amount equivalent to a percentage of the Remuneration as set out on the Order Form, rounded to the nearest pound.
3.3.3 If the precise Remuneration is not known, if the Client fails to provide details of the Remuneration to Acolyte or if it is impracticable to calculate the Remuneration, Acolyte will charge an Introduction Fee based on the Remuneration which, in Acolyte’s reasonable opinion, is the typical market rate for the Engagement.
3.3.4 Acolyte shall issue an invoice for the Introduction Fee on the Engagement Date or as soon as reasonably practicable thereafter. VAT shall be charged at the standard rate on Acolyte’s invoices. All invoices shall be paid within 14 days.
3.3.5 If a Candidate’s Remuneration is not paid in GBP, for the purposes of calculating the Introduction Fee, Acolyte shall convert the Remuneration to GBP using the exchange rate published by the Bank of England on the invoice date and shall submit the invoice in GBP. The Client shall bear any bank charges and currency exchange costs when paying Acolyte’s invoice.
3.3.6 If the Client withdraws an accepted offer of Engagement after the Engagment Date because the Client no longer requires the Candidate, the Client will be liable to pay a cancellation fee equivalent to 25% of the Introduction Fee. Acolyte shall issue a credit note in respect of the Introduction Fee and issue a new invoice for the cancellation fee, payable within 14 days.
3.3.7 If the Client makes a Third-Party Introduction which results in a Third-Party Engagement within the Introduction Period, the Client shall be liable to pay an Introduction Fee which shall be calculated in accordance with clause 5.2. The Client shall not be entitled to a Refund if the Third-Party Engagement terminates for any reason.
3.3.8 If the Client makes an offer of employment or engagement to an Employee and the Employee commences such employment or engagement within 6 months of leaving Acolyte’s employment, the Client shall pay a fee to Acolyte, which shall be a sum equivalent to 25% of the Remuneration paid to the Employee annuali...
Introduction Fee. Refunds
6.1 Subject to clause 6.2, if the relevant Applicant leaves the Client’s employment (other than through redundancy constructive or unlawful dismissal) within 13 weeks of commencement of the relevant Engagement, a percentage of the Introduction fee shall be refunded to the client as follows: ▪ 50 % if the departure is less than 8 weeks following commencement of the relevant Engagement ▪ 25% if the departure is within 8 to 13 weeks of commencement of the relevant Engagement
6.2 No refund is payable in any circumstances unless: ▪ the relevant departure is notified by the Client to the Employment Agency in writing within 7 days; and ▪ the Client has paid to the Employment Agency the Introduction Fee in full within 14 days of the date of relevant invoice.
6.3 Should the Client or any associated company of the Client subsequently engage the Applicant within the period of six calendar months from the relevant date of departure, a full Introduction Fee calculated in accordance with clause 5 above becomes payable, notwithstanding any previous fees paid to the Employment Agency. For the avoidance of doubt, there shall be no entitlement to a refund of any kind following such subsequent Engagement.
6.4 There shall be no refund where the Engagement is for a fixed term contract Introduction Fee.
Introduction Fee. 5.1 The Manufacturer will pay Crest ▇▇▇▇▇▇▇▇▇ the Introduction Fee in accordance with this Clause 5.
5.2 [The Introduction Fee will be reviewed and, if agreed by the parties in writing, revised prior to the start of each Rolling Period.] [THIS CLAUSE
5.3 Crest ▇▇▇▇▇▇▇▇▇ will send the Manufacturer a statement within [six (6) weeks] of the end of each [three (3) month period/Contract Year] during the term of this Agreement that confirms the Introduction Fee payable by the Manufacturer relating to the preceding [three (3) month/Contract Year]. [THIS SHOULD BE INCLUDED IF YOU SELECT OPTION ONE IN SCHEDULE 3 (INTRODUCTION FEE)]
