Common use of Retained Assignment Clause in Contracts

Retained Assignment. The Initial Fee of the Retained Assignment is payable on RW’s acceptance of a Retained Assignment; • The Interim Fee of the Retained Assignment is payable on RW’s presentation to the Client of a short list or within three (3) weeks from the date of the T&Cs being signed, whichever comes first. • Completion Fee of the Retained Assignment plus any business taxes shall be paid within thirty (30) days from date of invoice or within seven (7) days from the Candidate’s commencement of employment, whichever is the later; • In the event the Client cancels the Retained Assignment, any prior invoiced fees for such Retained Assignment Fee (whether Initial Fee, Interim Fee or the Completion Fee) as well as any advertising costs and agreed expenses will become payable immediately and are strictly non-refundable.

Retained Assignment. The Initial Fee of the Retained Assignment is payable on RW’s acceptance of a Retained Assignment; • The Interim Fee of the Retained Assignment is payable on RW’s presentation to the Client of a short list or within three (3) weeks from the date of the T&Cs being signed, whichever comes first. • Completion Fee of the Retained Assignment plus any business taxes shall be paid within thirty twenty-one (3021) days from date of invoice or within seven (7) days from the Candidate’s commencement of employment, whichever is the later; • In the event the Client cancels the Retained Assignment, any prior invoiced fees for such Retained Assignment Fee (whether Initial Fee, Interim Fee or the Completion Fee) as well as any advertising costs and agreed expenses will become payable immediately and are strictly non-refundable.