Common use of Permanent Placement Clause in Contracts

Permanent Placement. Upon Client’s request TES will identify, qualify, and interview individuals pursuant to Client‐ specified job description for Client’s direct hire opportunities. If Client hires such individual, Client will be billed in the next billing cycle a fee equal to the greater of USD $18,750 or 35% of such individual’s annual base salary calculated on a 40‐hour work week. Such fee shall be due and payable under the terms and conditions of this Agreement.

Appears in 2 contracts

Sources: Consulting and Services Agreement, Consulting and Services Agreement