Service Fee

Our service fees are on a contingency basis and are payable only if a candidate enters into a service relationship with you or your affiliate within one year after our most recent communication relating to the candidate, irrespective of the effectiveness of this Agreement at that time. Our service fee is equal to Twenty percent (20%) of the candidate's first year's full-time annual compensation ("Placement Fee"), which is calculated as remuneration for a minimum of 40 hours per week. Should the candidate's engagement with the Client not be on a full-time basis, the Placement Fee shall increase proportionately to reflect a full-time basis. In the event that OptiWork is unable to obtain a copy of the offer letter or employment contract duly executed by both the Client and the candidate to determine the amount of the Placement Fee, OptiWork, at its sole discretion, may set the Placement Fee at a fixed amount of Thirty Thousand United States Dollars (USD 30,000).