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Split Placement Fee Agreement

This agreement (hereinafter referred to as “AGREEMENT”) is made and entered


on February 11th, 2020, (hereinafter referred to as “EFFECTIVE DATE”), by and
between Sean Margalit/Recruiting Experts, with a physical address at (870
Bakersfield St. Pismo Beach CA 93449), and Progressive Staffing, with a
physical address at (3422 Old Capitol Trail Suite 1483, Wilmington DE 19808)
RECITALS

Both parties to this AGREEMENT are in the business of providing recruiting,


staffing and employment services to companies, and wish to collaborate by
sharing information with each other about job openings and job applicants, in an
attempt to make a split placement (hereinafter referred to as “SPLIT
PLACEMENT”) with a client or agent.

A SPLIT PLACEMENT is defined as the placement of a job applicant in a job or


employment capacity that occurs through the mutual participation of the parties
to this AGREEMENT, typically when one party refers a job applicant to the other
party, who is then hired by a client or agent of the party receiving the job
applicant referral.

Now, therefore, both parties hereby agree as follows:

AGREEMENT

1. TERMS

Both parties to this AGREEMENT shall use their best efforts to identify and
refer job applicants to each other with experience and skills of special
interest, so that such job applicants may be considered for potential
employment with a client or agent. When either party refers a job applicant to
the other, it shall carefully screen the job applicant it refers to determine their
qualifications and competence for a suitable job opening with a client or
agent. This screening shall include determining a job applicant’s suitability for
employment based on criteria such as years of relevant work experience,
educational background, and overall ability to perform work in a suitable job.

Both parties shall have the right, in their sole discretion, to reject any job
applicant or individual referred that it deems to be unsuitable for employment.

2. COMMUNICATION
Upon request, both parties will provide an update regarding its consideration,
or the consideration of its clients or agents, of job applicants that were
referred to them by the other party. Both parties agree to refer job applicants
to each other in a suitable manner including by facsimile, electronic mail,
postal mail, or by telephone.

3. QUALIFICATION

Both parties shall appropriately screen the job applicants it refers to each
other, and make its best efforts to refer job applicants with work experience
and skills that will be of special interest to the other party. Screening may be
done through the use of interviewing, skills certification, reference checks,
testing and/or other methods to verify the qualifications of job applicants.

4. SPLIT PLACEMENT FEE PAYMENT AND INVOICING

In the event that a job applicant referred by one party to the other is hired in
any capacity by a client or agent of the party receiving the referral, a split
placement fee equal to (percentage agreed to; i.e. 50%) of the total amount
paid by the client or agent who hired the job applicant, will be paid to the party
who referred the job applicant by the party who received the referral.

It is understood and agreed to that because one party will receive the entire
payment from the client or agent upon placing a job applicant, the party who
receives such compensation will provide payment to the other party within 10
business days of receiving payment from the client or agent. Compensation
will not be withheld to the party in waiting for any reason, including but not
limited to non-expiration of the client or agent’s replacement guarantee
period.

5. TERMINATION

The term of this AGREEMENT shall be for one (1) year beginning on the
EFFECTIVE DATE. Both parties agree that this AGREEMENT shall
automatically renew for an additional one (1) year term unless terminated, in
writing, thirty (30) days prior to its expiration. Either party may terminate this
AGREEMENT at any time, for any reason, upon thirty (30) day’s written
notice to the other party. Termination of this AGREEMENT shall not affect
any right or obligation of either party that has accrued prior to such
termination.
6. REPLACEMENT GUARANTEE

In the event of a SPLIT PLACEMENT, where the job applicant terminates


their employment with the client or agent within ninety (90) days of their first
day of work, the party who referred the job applicant will make its best efforts
to identify new job applicants that may be considered as a suitable
replacement at no charge to the client, agent or other party. If Recruiting
Expert’s client or agent has an agreement that the placement is a money
back guarantee within (90) days of their first day of work then referring party
must reimburse Recruiting Experts within (5) business days of written
request.

7. INTEGRATION

This document contains the entire AGREEMENT between the


parties hereto and supersedes any and all prior negotiations, commitments,
agreements and understanding between the parties. The language of this
AGREEMENT shall control all attachments hereto unless otherwise stated.
No representations or warranties, whether expressed or implied, have been
made by any party except as expressly stated herein.

8. GOVERNING LAW

The validity, performance, construction and interpretation of this


AGREEMENT shall be governed by the State of California.

9. NOTICES

Any notice to be made in connection with this AGREEMENT


shall be made in writing and shall be deemed effectively given when delivered
in person or sent by registered or certified mail by one party to the other party,
as follows:

Recruiting Experts/ Sean Margalit


870 Bakersfield St.
Pismo Beach CA, 93449 805-773-6264

Progressive Staffing,
3422 Old Capitol Trail, Suite 1483
Wilmington DE 19808 302 883 8881

10. INDEMNIFICATION
Both parties indemnify and hold each other harmless for any liability,
expense, loss or damage caused by any act, neglect, default or omission
made by either party or any of its agents or employees.

11. ASSIGNMENT

Neither party may assign any rights nor delegate any duties
hereunder without the express written consent of the other party.

12. SEVERABILITY

If any part of this AGREEMENT is held by a court or arbitrator to


be invalid, void or unenforceable, the remaining provisions will nevertheless
continue in full force and effect.

13. RELATIONSHIP OF THE PARTIES

Both parties will perform the services and duties hereunder as independent
contractors and not as an employee, agent, partner of, or in joint venture with
each other.

IN WITNESS, WHEREOF, both parties have executed this AGREEMENT on


the dates written below:

Recruiting Experts Progressive Staffing

Signed: _________________________ Signed: ___________________

Date: ____February 11th, 2020______ Date: February 12, 2020


____________________
Certificate Of Completion
Envelope Id: 85E74090E38846948A374257B0FECF0E Status: Completed
Subject: Split Fee Agreement v43013 Signed.pdf
Source Envelope:
Document Pages: 5 Signatures: 1 Envelope Originator:
Certificate Pages: 1 Initials: 0 Sean Margalit
AutoNav: Enabled sean.margalit@gmail.com
EnvelopeId Stamping: Disabled IP Address: 10.101.101.11
Time Zone: (UTC-08:00) Pacific Time (US & Canada)

Record Tracking
Status: Original Holder: Sean Margalit Location: DocuSign
2/12/2020 9:57:23 AM sean.margalit@gmail.com

Signer Events Signature Timestamp


Sean Margalit Sent: 2/12/2020 9:57:23 AM
sean.margalit@gmail.com Viewed: 2/12/2020 9:57:26 AM
Owner Signed: 2/12/2020 9:57:40 AM
Security Level: Email, Account Authentication Freeform Signing
(None) Signature Adoption: Uploaded Signature Image
Using IP Address: 24.176.168.39

Electronic Record and Signature Disclosure:


Not Offered via DocuSign

In Person Signer Events Signature Timestamp

Editor Delivery Events Status Timestamp

Agent Delivery Events Status Timestamp

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Certified Delivery Events Status Timestamp

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Envelope Summary Events Status Timestamps


Envelope Sent Hashed/Encrypted 2/12/2020 9:57:23 AM
Certified Delivered Security Checked 2/12/2020 9:57:26 AM
Signing Complete Security Checked 2/12/2020 9:57:40 AM
Completed Security Checked 2/12/2020 9:57:40 AM

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