STANDARD MANAGEMENT LTD. ■More prompt ■More pinpoint ■More professional Human Resources SolutionsContract No. /ST- / /ContractParty A:Party B:Party A and Party B have agreed to enter into this contract after negotiation regardingthe 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 byParty 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 selectionof Party A1.3Be responsible for schedule and administration of interviews between Party Aand the candidates1.4Assist 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 referredby Party B is a duplicate, Party A shall inform Party B in writing within 48 hours afterreceipt of the candidate’s report from Party B. Otherwise, the candidate shall be deemedas being first referred by Party B.3.Method of Payment: Service fee for the position is ___% of the appointee’s first yearOTE (OTE is the On-Target-Earning which includes signing-on bonus, base annualsalary, cash allowance and on-target commissions or bonuses), or minimum _________whichever is greater. Party A shall pay the first installment of __________ uponentering into this contract as the priority fee for Party B, the balance shall be paidwithin 7 days from the date of candidate’s being on board. Party A shall inform Party Bof the appointee’s first year OTE upon Party B’s request. Any replacements will only bemade on condition that our fees and any other outstanding accounts have been settled infull on time. Expenses relating to these assignments approved in advance by Party Awill be billed at actual cost.4.Party B shall recommend other candidates according to Party A’s request providedthat 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 ofemployment contract with the candidate.5. During the effective period of this contract, Party B shall not approach Party A’sexisting employees by offering any outside job opportunities.6. The candidate who has been referred by Party B to Party A, or any other candidatesreferred by the candidate from his/her interview with Party A, shall be deemed as avalid candidate of Party B within twelve months from the first referral date. If Party Aemploy the candidate, during this period even if in private without via Party B, Party B shall still have the right to demand Party A to pay the service fee in full. Party A also shall not recommend the candidate to any third party without written consent of Party B.7. Party A shall be responsible for the employment contract of the candidate as well as the registration of such contract with the competent government labor department. Party A shall also pay the service fee to Party B on time. For any default in the payment, Party B shall have the right to demand Party A to further pay overdue fine at the rate of 1% of the total amount per day.8. Neither of the parties shall release information of the other party or of the candidate to a third party.9. If for any reason, Party A decide to cancel the assignment during the effective period of this contract, Party B’s charges will consist of fees and expenses incurred only to the date of termination.10. Through understanding of Party A, Party B can opportunistically inform party A of the availability of uniquely qualified talent with detailed resume even when there is no formal assignment. Successful placements in such cases can also be settled according to this contract.11.Interview by Party A of any candidate referred by Party B will be deemed acceptance in full of the above terms and conditions even beyond the effective period of this contract.12. This contract shall take effect upon signature, and any modification shall be made in writing with agreement of both parties. It can be terminated by a one-month advance notice in writing from either party and all the outstanding accounts must be settled before termination. This contract has two copies, each party holds a copy, both being equally valid.Party A: Party B:Signature: Signature:。