Contingency Agreement

Summit Placement Service

Summit Placement Services
Basic Contingency Agreement

Summit Placement Service, Inc. agrees to engage in the recruitment process on behalf of the following organization/client with the assignment to recruit physicians with the specialty training below, but not limited to specialties listed below. This basic contingency agreement is authorized by the following agent / organization
SUMMIT PLACEMENT SERVICE, INC. COMMITS TO:
Refer Candidates to Client. Perform a referencing check on Candidates, if requested. Arrange travel accommodation for physicians when requested. Act, if needed, as a mediator between Candidate and Client to negotiate contract terms.
CLIENT COMMITS TO:
Pay to Summit Placement Service, Inc. a total amount of $32,000.00 for physician placements. The fee is due once a written document (agreement, letter of intent, or contract, etc.) between Client and Candidate is signed by Candidate and returned to Client or Candidate begins work for Client (whichever comes first). Client also commits to pay Summit Placement Service, Inc. a fee of $32,000.00 for physician placements if any referred Candidate by Summit Placement Service, Inc. to Client is hired by anyone as a direct result of Client referring the Candidate to any third party. Client will pay a rate of $50.00 per hour to Summit Placement Service, Inc. in addition to physician’s daily rate and approved expenses if Client hires any Candidate on any other basis than a full-time basis.
BASIC PROVISIONS:
Your prior receipt of a candidate’s name or resume shall not affect your obligation to pay our service fee unless you have the candidate under active consideration evidenced by a scheduled interview.

Summit Placement Service. Inc. agrees to provide Client with 1 (one) qualified referral at no additional fee if Candidate does not show up to work or leaves within the first 60 days, or if Client terminates Candidate within the first 60 days of work. Replacement clause is valid providing there is valid and fair cause for Candidate’s termination, search is for the same specialty at the same location, and all invoices have been paid on time and in full as agreed above. There is no refund of monies that have been paid to Summit Placement Service, Inc. Candidate replacement policy is void if the Candidate is hired for a position which becomes downsized, deleted, or if the position is no longer available at no fault of the candidate within the initial (60) sixty-day period.

Not at any time shall Client hold Summit Placement Service. Inc. responsible for the acts of omissions of the Candidate. This paragraph shall survive the termination of this agreement.

Client agrees to pay all invoices within ten (10) business days. Client agrees to pay collection agency fees, late fees, attorney fees and interest at 1 ½ % per month if Summit Placement Service Inc. is not paid as agreed above. The term of this agreement is for (1) one year, however, in the event Client continues to accept candidate names and or CV from Summit Placement Service. Inc. this agreement is valid and binding unless Client cancels this agreement in writing. This agreement can be canceled at any time in writing by Client or Summit Placement Service. Inc. This agreement supersedes all other agreements between Client and Summit Placement Service Inc. This agreement is subject to, and governed by Texas Law, specifically Tarrant County. If any part of this agreement is deemed invalid by a court of law, the part declared invalid has no effect on the other parts of this agreement and all other parts remain valid. Each part stands on its own
THIS IS NOT AN EXCLUSIVE AGREEEMNT
Digital signatures, also known as electronic signatures, are legal and binding in the United States and most other countries. The Electronic Signatures in Global and National Commerce (E-Sign) Act of 2000 and the Uniform Electronic Transactions Act (UETA) are the primary laws that govern the use of digital signatures. The contact information and the IP / MAC address of the device used to accept the terms of this agreement with be logged.