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Contract No. /ST- / /

Contract

Party A:

Party B:

Party A and Party B have agreed to enter into this contract after negotiation regarding

the matter of entrusting Party B with the affairs of recruitment of executives.

1.Party B shall provide Party A with the following services within contract period:

1.1 Conduct searching according to the job description of the opening provided by

Party A, which shall be deemed as being in accordance with Party A’s true will.

1.2 Provide Party A with detailed reports of qualified candidates for the selection

of Party A

1.3Be responsible for schedule and administration of interviews between Party A

and the candidates

1.4Assist Party A in offer negotiation to lead to a successful placement.

2. To avoid duplication of efforts and confusions, if Party A finds a candidate referred

by Party B is a duplicate, Party A shall inform Party B in writing within 48 hours after

receipt of the candidate’s report from Party B. Otherwise, the candidate shall be deemed

as being first referred by Party B.

3.Method of Payment: Service fee for the position is ___% of the appointee’s first year

OTE (OTE is the On-Target-Earning which includes signing-on bonus, base annual

salary, cash allowance and on-target commissions or bonuses), or minimum _________

whichever is greater. Party A shall pay the first installment of __________ upon

entering into this contract as the priority fee for Party B, the balance shall be paid

within 7 days from the date of candidate’s being on board. Party A shall inform Party B

of the appointee’s first year OTE upon Party B’s request. Any replacements will only be

made on condition that our fees and any other outstanding accounts have been settled in

full on time. Expenses relating to these assignments approved in advance by Party A

will be billed at actual cost.

4.Party B shall recommend other candidates according to Party A’s request provided

that the candidate already placed gets dismissed within probation period of 3 months,

except that such severance is due to Party A’s restructure or Party A’s breach of

employment contract with the candidate.

5. During the effective period of this contract, Party B shall not approach Party A’s

existing employees by offering any outside job opportunities.

6. The candidate who has been referred by Party B to Party A, or any other candidates

referred by the candidate from his/her interview with Party A, shall be deemed as a

valid candidate of Party B within twelve months from the first referral date. If Party A