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Manpower Services Agreement Template

This agreement is between Ratnabhumi Technologies and AceCad Software India to provide manpower services by finding suitable candidates for positions at AceCad. Ratnabhumi will receive professional fees of 8.33% of the candidate's annual compensation. AceCad must pay 50% of fees within 90 days and the remaining 50% within 180 days of the candidate starting. The agreement is valid for one year and can be terminated with 30 days notice, with AceCad still liable for fees for any candidates found during the agreement period. Both parties must keep the candidate information confidential and not solicit each other's employees for 12 months after termination.

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100% found this document useful (1 vote)
2K views3 pages

Manpower Services Agreement Template

This agreement is between Ratnabhumi Technologies and AceCad Software India to provide manpower services by finding suitable candidates for positions at AceCad. Ratnabhumi will receive professional fees of 8.33% of the candidate's annual compensation. AceCad must pay 50% of fees within 90 days and the remaining 50% within 180 days of the candidate starting. The agreement is valid for one year and can be terminated with 30 days notice, with AceCad still liable for fees for any candidates found during the agreement period. Both parties must keep the candidate information confidential and not solicit each other's employees for 12 months after termination.

Uploaded by

ashoka187
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
  • Agreement Overview
  • Governance and Conclusion
  • Terms and Conditions

B - 204, Bldg - 2,

Aadarsh Gharkul CHSL,


Sardar Nagar - 4, Sion Koliwada,
Mumbai 400037, Maharashtra, India.
Ph: 022-32098595.

Agreement of Manpower Services


THIS AGREEMENT is made and executed on 11th February, 2013 by and between Ratnabhumi
Technologies, B - 204, Bldg - 2, Aadarsh Gharkul CHSL, Sardar Nagar - 4, Sion Koliwada, Mumbai
400037, India; hereinafter referred to as “Service provider” and AceCad Software India, Office No: 305,
Building No: 5, Sector - 3, Millennium Business Park, Mahape, Navi Mumbai - 400 710, India; hereinafter
called as the “Client”.

This agreement states that manpower assignment has been given by the Client to the service provider to
find suitable candidates to fill one or more positions within the Clients’ organization. The service
provider has accepted this assignment (referred to as “Services”) and will commence the search
immediately thereafter, in reliance upon the Clients’ agreement with terms and conditions set forth
below:

1. Professional Fees Compensation.


Any experience level 8.33% of Gross Annual CTC offered per candidate

* For salary below Rs. 8000 per month of the candidate – Minimum of Rs. 5000 towards service charges
is payable to the service provider.
Please note that an additional statutory tax will be applicable apart from the above charges. This
statutory tax will be charged as per the laws on the day of agreement.
a) Consultancy fees (Professional Fees + statutory tax) will be payable to the service provider by
the Client in 2 installments. 50% of the fees have to be paid by the client to the service provider
within 90 days and the remaining 50% within 180 days following the date of the candidate
joining the Client Company. This ensures that total consultancy fees will be paid by the client to
the service provider within 180 days following the date of the candidate joining the Client
Company.
b) In case, the candidates who were referred to by the Service provider leave Client Company
within three months from the date of joining, service provider would be providing suitable
replacement without professional charges. This sub-clause will not be applicable incase the
employee is terminated under various circumstances by the company.

2. Confidentiality:
The Client acknowledges and agrees that the identity of any candidate and all documents sent to the
Client by the service provider concerning any candidate, including but not limited to, any resumes,
interview referral forms, correspondence, or other documents are confidential trade secrets and shall
not be disclosed to any third party without the express written consent of service provider. The Client
further agrees not to contact the current employer of any candidate referred to by the service provider
to the Client until such candidate has accepted an employment offer from the Client or on prior consent
from the candidate routed through the services provider.

NOTED AND ACCEPTED: Page 1 of 3


B - 204, Bldg - 2,
Aadarsh Gharkul CHSL,
Sardar Nagar - 4, Sion Koliwada,
Mumbai 400037, Maharashtra, India.
Ph: 022-32098595.

3. Non solicitation
During the term of this Agreement and for 12 months thereafter, either party shall not directly or
indirectly employ or offer employment to any employee of service provider or Client. Such prohibition
shall only be effective during the 12 months following the date of termination of such employee's
employment with service provider or Client.

4. Duplication:
Since the Client is actively pursuing through various sources such as advertisements, portals, other
service providers etc. to get the candidates; any duplication of resumes against which the selection
process if any happens, such sourcing will be intimated to the service provider immediately, under this
agreement, and the same cannot be counted for the billing. Client has to intimate service provider about
duplication of sourcing prior to the interview or else the same will be counted for billing as per clause 1
if the candidate is selected.

5. Governing Law of the Terms.


The validity of this agreement or provisions, as well as the rights and duties of the client, shall be
governed by the laws of the State of Maharashtra subject to Mumbai jurisdiction.

6. Validity and Termination of the Agreement.


This agreement is valid for a period of one year from the date of signing.
The Agreement may be terminated by either party by providing 30 days prior written notice. The Client
shall still be liable to pay the dues if any, against the candidates offered during the agreement period as
per the above clause 1.

7. Entire Agreement:
This Agreement constitutes the sole and only agreement of the parties and supersedes any prior
understandings, written or oral agreements between the parties respecting the subject matter. This
Agreement shall be binding on and endure to the benefit of the parties to it, and their respective heirs,
executors, administrators, legal representatives, successors and assignees.

8. Others:
The Client shall communicate the service provider about the date of candidate’s joining the organization
and compensation offered. Sourcing the candidates is the responsibility of the service provider. Client
is not responsible for reimbursement of any expenses incurred for sourcing the candidates. Any
modification to this agreement shall be valid only if both the parties thereto agree in writing and duly
signed therein. In case, the candidate referred by the service provider got rejected at the time of
interview by the client, client shall not hire the same candidate for any reason within a period of 6
months from the date of rejection of the candidate or else the same will be counted for billing as per
clause 1.

NOTED AND ACCEPTED: Page 2 of 3


B - 204, Bldg - 2,
Aadarsh Gharkul CHSL,
Sardar Nagar - 4, Sion Koliwada,
Mumbai 400037, Maharashtra, India.
Ph: 022-32098595.

I have read and understood the above terms and conditions

Agreed & Accepted Agreed & Accepted

By: _____________________________ By: _____________________________

Mr. Manohar Chitimilla Mr. Abhilash Joseph


Title: Director Title: Regional Director
For Ratnabhumi Technologies For AceCad Software India

Date: 11th February, 2013


Place: Mumbai

NOTED AND ACCEPTED: Page 3 of 3

Common questions

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The consultancy fees, including professional fees and statutory tax, must be paid by the client to the service provider in two installments. 50% of the fees is due within 90 days of the candidate joining the client company, and the remaining 50% is due within 180 days. This ensures the total consultancy fees are paid within 180 days from the candidate's joining date .

The agreement is governed by the laws of the State of Maharashtra and is subject to the jurisdiction of Mumbai. This establishes the legal framework under which any disputes related to the agreement would be resolved .

The agreement stipulates that the client must immediately inform the service provider of any duplication of resumes that occur due to sourcing through other channels like advertisements or other service providers. This duplication cannot be billed unless the client fails to notify the service provider before the interview and the candidate is ultimately selected .

The agreement explicitly states that it constitutes the sole and only agreement between the parties, superseding any prior written or oral agreements related to the subject matter. This clause ensures there is no ambiguity or conflict arising from previous understandings and that all parties are bound by the current terms .

Any modifications to the agreement require mutual agreement from both parties, must be documented in writing, and duly signed by both the service provider and the client. This ensures that any changes to the terms and conditions are officially recognized and legally binding .

The non-solicitation clause prohibits either party from directly or indirectly employing or offering employment to each other's employees during the term of the agreement and for 12 months thereafter. This restriction applies only during the 12 months following the termination of an employee's employment with either the service provider or the client. This provision is intended to prevent poaching of employees, ensuring that the focus remains on fulfilling the obligations of the agreement rather than creating staffing disruptions .

The agreement states that the identity of candidates and any documents related to them, such as resumes and correspondence sent by the service provider, are considered confidential trade secrets. The client is prohibited from disclosing these to any third party without the written consent of the service provider. Additionally, the client agrees not to contact a candidate's current employer until the candidate has accepted an employment offer from the client or with prior consent routed through the service provider .

According to the agreement, sourcing candidates is the sole responsibility of the service provider, while the client is not liable to reimburse any expenses incurred during the sourcing process. The client must inform the service provider of the joining date and compensation offered to the candidate. Additionally, if a referred candidate is rejected, the client agrees not to hire the candidate within six months of the rejection. If hired within this period, it counts as a placement and is billed according to the agreement's terms .

Ratnabhumi Technologies would provide a replacement candidate without additional professional charges if a candidate they referred leaves the client's company within three months of joining. This does not apply if the candidate is terminated by the company for reasons other than job performance, indicating that certain exclusions apply to protect the service provider from undue liability .

The agreement can be terminated by either party with a 30-day prior written notice. Despite termination, the client remains liable to pay any outstanding fees for candidates offered during the validity of the agreement, ensuring that financial obligations are concluded as per the specified terms .

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