Recruitment Process Outsourcing Agreement (RPO)
I. Introduction
This Recruitment Process Outsourcing Agreement ("Agreement") is made and entered into on this 12th day of December, 2050, by and between:
SteelEagle, a corporation organized and existing under the laws of the State of Indiana, having its principal office at Indianapolis, IN 46201 (hereinafter referred to as "Client"), and
[Your Company Name], a corporation organized and existing under the laws of the State of Indiana, having its principal office at [Your Company Address] (hereinafter referred to as "Service Provider").
Both parties are collectively referred to as the "Parties."
II. Purpose
The purpose of this Agreement is to define the terms and conditions under which [Your Company Name] will provide Recruitment Process Outsourcing (RPO) services to SteelEagle. These services include the outsourcing of all recruitment-related functions for the Client, ensuring a streamlined and efficient hiring process.
III. Definitions
For the purposes of this Agreement:
RPO Services: The services provided by the Service Provider, which include the management of the Client's recruitment process, from candidate sourcing to final placement.
Recruitment Process: The overall process by which candidates are sourced, interviewed, and selected for positions within SteelEagle.
IV. Scope of Services
A. General Services
The Service Provider agrees to perform the following services for SteelEagle:
Candidate sourcing, screening, and assessment
Job advertising and posting on relevant platforms
Conducting initial interviews and managing candidate pipelines
Coordinating with the Client’s hiring managers for final interviews
Offering and negotiating employment terms with selected candidates
B. Service Level Agreement (SLA)
The Service Provider shall meet the following performance metrics:
Provide at least five (5) qualified candidates per job opening within three (3) weeks from the job requisition date.
Ensure that eighty percent (80%) of candidates presented to SteelEagle are interviewed and meet the Client’s expectations.
Ensure an offer acceptance rate of at least seventy-five percent (75%) within two (2) weeks of the initial interview.
C. Exclusions
The following services are excluded from the scope of this Agreement:
Employee onboarding and training
Background checks and drug screening
Any legal or immigration services related to the hiring process
V. Term and Termination
A. Term
This Agreement shall commence on the 1st day of January 2050 and shall continue in effect for a period of two (2) years unless terminated earlier in accordance with the provisions of this Agreement.
B. Termination for Convenience
Either party may terminate this Agreement for any reason upon providing thirty (30) days' written notice to the other party.
C. Termination for Cause
Either party may terminate this Agreement immediately if the other party breaches any material provision of this Agreement and fails to cure such breach within ten (10) days after receiving written notice.
VI. Fees and Payment
A. Fees
In consideration of the services provided by the Service Provider, SteelEagle agrees to pay the following fees:
A fixed fee of $15,000 per month for the duration of the Agreement.
A 10% performance fee on the candidate's first-year salary.
B. Payment Terms
The Client agrees to pay invoices within thirty (30) days of receipt. Late payments will be subject to a penalty of two percent (2%) per month on the outstanding balance.
VII. Confidentiality
A. Obligations
Both parties agree to maintain the confidentiality of all proprietary and confidential information shared during the term of this Agreement. This includes but is not limited to, business strategies, client lists, candidate information, and any other sensitive information.
B. Duration of Confidentiality
The confidentiality obligations under this Agreement shall remain in effect for five (5) years following the termination or expiration of this Agreement.
VIII. Intellectual Property
All materials, documents, and deliverables created or developed by the Service Provider in connection with the RPO services shall remain the property of SteelEagle. The Service Provider shall not retain any rights to use such materials without SteelEagle's prior written consent.
IX. Governing Law
This Agreement shall be governed by, and construed in accordance with, the laws of the State of Indiana, without regard to its conflict of law principles.
X. Indemnification
A. Indemnity by the Service Provider
The Service Provider agrees to indemnify and hold harmless SteelEagle, its officers, employees, and agents, from any and all claims, losses, liabilities, damages, and expenses arising out of or in connection with the Service Provider’s performance of this Agreement.
B. Indemnity by the Client
SteelEagle agrees to indemnify and hold harmless [Your Company Name], its officers, employees, and agents, from any and all claims, losses, liabilities, damages, and expenses arising out of or in connection with the Client's use of the services provided.
XI. Miscellaneous
A. Force Majeure
Neither party shall be held liable for any failure or delay in performance under this Agreement due to causes beyond its reasonable control, including but not limited to acts of nature, government actions, or civil unrest.
B. Amendments
This Agreement may be amended or modified only by a written agreement signed by both parties.
XII. Signatory Section
This Agreement is executed on the 12th day of December 2050 by the following authorized representatives of the Parties:
For SteelEagle:
Name: Philip Mitchell
Title: Chief Executive Officer
Date: 12th day of December, 2050
For [Your Company Name]:
Name: [Your Name]
Title: Chief Executive Officer
Date: 12th day of December, 2050
For further inquiries or clarifications regarding this Agreement, please contact [Your Name] at [Your Email] or [Your Company Email].
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