Placement Agreement Template for United States

The Placement Agreement serves as the foundational document governing the relationship between recruitment agencies and their client companies in the United States. This contract type is essential when organizations seek to outsource their recruitment needs to specialized agencies. The agreement defines the parameters of the service, including candidate sourcing, screening, and placement processes, while addressing crucial aspects such as placement fees, replacement guarantees, and compliance with employment regulations. It protects both parties' interests by clearly outlining responsibilities, payment terms, and dispute resolution procedures.

1. Parties: Identification of the placement agency and client company

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement including relevant employment and placement terminology

4. Services: Detailed description of placement services to be provided, including recruitment process and deliverables

5. Fees and Payment Terms: Compensation structure, payment conditions, and fee calculation methods

6. Term and Termination: Duration of agreement and circumstances under which it can be terminated

7. Confidentiality: Protection of confidential information exchanged during the placement process

8. Representations and Warranties: Standard representations regarding authority to contract and compliance with laws

9. Limitation of Liability: Limitations on liability and indemnification provisions

10. General Provisions: Standard boilerplate clauses including governing law, notices, and amendment procedures