TERMS AND CONDITION

FORM A

Sub: Terms & Conditions for providing eligible candidates from our
consultancy.

This document contains the standard terms and conditions of the Agreement to be
entered into between Client Company (hereinafter referred to as the “Rapid
Job Placement” and the service providing company M/s Rapid Job
Placement Service Off No 8 Poisar Kandivali East Mumbai- 400101 (Hereinafter
referred to as the “Service Provider”) for the recruitment of employees which
does occur pursuant to an executive search and selection process. By signing
and returning a copy of these Terms and Conditions the Service Provider may
from time to time on a speculative or contingency basis introduce to Client
Company potential candidates for executive positions with Client Company and
these Terms and Conditions shall constitute a binding Agreement in connection
with such introductions.

M/s Rapid Job Placement Service Off No 8 Poisar Kandivali East Mumbai- 400101,
is pleased to tie-up with “Company name and address” for the
purpose of recruiting personnel for employment in our organization.

IT IS HEREBY
AGREED AS FOLLOWS:

1. Scope of services: This is for executive search
services as detailed below. This does not apply to the retainer executive
search services or any other kind of executive search services Details:

The Service Provider will provide consultation service to resource and recruit
suitable experienced candidates to “Company name and address” as
per details and selection criteria specified by “Company name and
address” doing so it will ensure that the candidate has a basic
understanding of the position and meets the requirement and standards by
thorough screening of the candidate’s professional background and personal
interest to the opening.

2. Start of services: Search services will be construed as starting on
the receipt of receiving of the mandate by the Service Provider or intimation
by “Company name and address” to start the work.

3. Concurrence: The Service Provider will obtain concurrence from
all the prospective candidates about his/her interest in “Company name
and address”and the position that was described him by the Service
Provider. Any known potential sources of conflict will be made known to
the “Company name and address” the Service Provider and waiver
sought and obtained before the introduction.

4. Permission: The
Service Provider will ensure that, without prior written consent it will not
use the name of in any advertising or publicity release. However, for specific
requirements, the name of “Company name and address” and
details of the job could be disclosed during Service Provider’s personal
meetings with such candidates.

5. Information: The Service Provider will ensure that it provides
correct information about the candidate from time to time and will not
misrepresent any facts.

6. Co-ordination: The
Service Provider will stay in close contact with the human resource department
and/ or the functional head(s) and/ or any other functionary, either nominated
or responsible for recruitment in “Company name and address” for
the conduction of the entire selection process so as to close the position as
soon as possible. On being requisitioned to search for a candidate, it is
expected that the Service Provider will revert to within 7 days from receiving
details about the position.

7. Confidentiality:

· The Service Provider shall keep
confidential and not, directly or indirectly, use, divulge, disclose, or
deliver to any person except as authorized or required by its duties, or by
law, any term in this Agreement or any information acquired by it in the course
of the recruitment process or otherwise in its performance of this Agreement
and which:

•

Is a trade secret or know-how
or is otherwise the confidential property of “Company name and
address” on or any of its related corporations; or

•

Was acquired by the Service
Provider under a duty of confidentiality.

· The Service Provider shall use its
best endeavors to prevent the publication or disclosure of any trade secret or
know-how of “Company name and address” or confidential
information concerning the affairs or business or the finance of or any of its
related companies or of any person or company with whom“Company name and
address” may deal.

· The restrictions in this Clause shall
continue to apply after the termination of this Agreement hereunder without
limit in time but shall cease to apply to information or knowledge which may
come into the public domain other than by breach of these provisions. The
Service Provider acknowledges that any unauthorized use or disclosure of the
confidential information may cause irreparable damage “Company name and
address” and their respective affiliates/business associates. If an
unauthorized use or disclosure occurs, the Service Provider will immediately
notify “Company name and address” and take, at the Service
Provider’s expense, all steps which may be available to recover the
confidential information and to prevent its subsequent unauthorized use or
dissemination.

· Gravity
Fitness keep the terms and conditions of this
Agreement Confidential and not reveal it to anyone, who is not legally a part
of the “Company name and address”will be shared within the Company
on a need to know basis only.

8. Free replacement: In
the event that the candidate voluntarily terminates employment with within 3
months from date of joining, Service Provider will provide a free replacement
IMMEDIATELY.

9. No poaching: The
Service Provider will not solicit or endeavor to entice away, in any manner
whatsoever, any of “Company name and address” employees for
any employment opportunities. If there is a breach of trust, the contract will
be terminated and all impending payment will be stopped.

10. Credit for introduction: In case the same candidate has been referred
to your company through another recruitment firm, the firm who
sent the profile first will be given the credit of placement and this will be
communicated to both firm

TERMS AND CONDITIONS

This is legally binding document outlining the working relationship
between RAPID JOB PLACEMENT SERVICES and your firm.

PROFESSIONAL
FEES: FOR RECRUITMENT OF CANDIDATES

Placement Charges will be 8.33%* of the selected candidate’s gross annual
income* for junior level positions (up to the level of Assistant and Executive
level.)

• 10% of the selected candidate’s gross annual income* for senior level (From
the level of Manager & above.)

PLACEMENT SERVICES will be one time flat rate of 8.33%* of the
annual cost of the company, indicated in the offer letter to the recruited
candidate including salary, allowance, benefits, transportation and
perquisites such as LTA, Bonus, and Medical etc.
Depending upon the volume of the business the placement services
charges can be negotiated

SERVICE GUARANTEE

Free substitution of personnel once registered, within Three months
of employment if he/ she leaves the job.

PROCEDURE OF
PAYMENT

Once the candidate joins the duty, an invoice will be raised in the name of
firm. Your firm has to release the payment immediately after
receiving the invoice subject to the candidate having joined the duty. The
cheques should be made in favour of “Rapid Job
Placement” only.

“Rapid Job Placement” does not take responsibility of any activity
of the candidate during pre or post-employment. Employer will not hold “Rapid
Job Placement” responsible for any deeds or misdeeds of the employee.
It is the total responsibility and discretion of employer to appoint or remove
the candidate at their will.