Preferential Terms Example 1 - Template and Example

Preferential Terms Example 1 - Template and Example

To download the Template and Example documents, scroll down the screen, hover over the attachment and click the download link.


Contact Name
Contact Job Title
Contact Company Name
Contact Full Address
Postcode

PRIVATE AND CONFIDENTIAL

Date 

Dear Contact Forename

Preferential Terms

Further to our discussion, I’d like to confirm that we welcome the opportunity to work with Your Company Ltd as a new and valued Client of Recruiter Company Name (the “Company”, “we” or “us”).

This letter is to confirm a variation to our Standard Terms and Conditions of Business, a further copy of which are enclosed.

Other than as varied by this letter the Standard Terms remain in force.

We are delighted to accept your special instructions to commence an assignment to seek candidates for engagement by your company for the vacancy initially outlined below:
  1. Vacancy Title           (Est Salary: £XXX,XXX - £XXX,XXX)  
Subject to the conditions stated below, Special Payment Terms will apply and the fees you will pay if you engage a candidate as a result of an introduction by the company, will be as follows:

  1.  We will charge an introduction fee equal to XX% of the candidate salary as defined in clause 2.1 of our Standard Terms.
  2. The above fee structure is subject to the Company being retained under Special Instruction as outlined in clause 6.1 of our Standard Terms. 
The conditions referred to above are as follows:

  1. There has been no variation for the time for payment of our fees, which are due within 7 days of the date on which the company raises an invoice. If our invoice is not paid within that period our fees will revert to the scale provided by clause 4.1 of the Standard Terms.
  2.  The terms related to a Candidate leaving employment as described in clause 7.1 of our Standard Terms have been extended from 12 weeks to XX weeks.
If you are in breach of any of the Special Payment Terms contained in this letter or the Standard Terms we will be entitled to elect to charge a fee for the introduction of a candidate in accordance with the Standard Terms. If we make that election any fee (or part fee) you have paid to us will be non refundable. However the total you pay for the introduction will not exceed the payment provided for by the Standard Terms.

Please acknowledge acceptance of these Special Payment Terms by signing the copy of this letter and return this back to me. This offer remains valid for your acceptance until Due Date. Please note that our Standard Terms will remain in force until signed  acceptance of this letter is received by us.

Yours sincerely

INSERT SIGNATURE


Name
Job Position
Recruiter Company Name

Enc; Standard Terms

Signed:                      _______________________________         

Name/Position:        _______________________________

Dated:                        _______________________________


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