SAMPLE AGREEMENT

Search schedule:

Rust & Associates, Inc. (Rust) agrees to conduct a search for position title for your company.  Rust will use their best efforts to present four to six qualified candidates on or before four to six weeks.  The presentations will include a profile, references, interview results and relative strength of each candidate.  Rust will recommend a compensation package and will assist with the job offer, salary negotiations and relocation package if requested.  The search will continue until this position is filled.

Guarantees:

If this search has not been successfully concluded by date, your company may request a refund from Rust of all fees paid to Rust under this agreement, exclusive of out of pocket research expenses and other expenses pre-approved by your company.  Rust also unconditionally guarantees the candidate, hired under this agreement, will remain an employee of your company for two years after the date of hire.  If the candidate is terminated, voluntarily or involuntarily, your company, at your option, may request Rust to refill the position for no additional search fee. Out of pocket research expenses and pre-approved expenses only, may be billed under this option.

Fee schedule:

An initial retainer of $1/3 of fee will be invoiced at the start of the search. A second $1/3 of fee will be invoiced after thirty days, and a third $1/3 of fee will be invoiced after sixty days.  A final invoice will be billed at the conclusion of the search for the difference between the fees already paid and one third of the candidate's expected first year cash compensation.

Expenses:

Rust will pay all research, telephone, electronic transmission, administrative, Atlanta area travel and entertainment expenses and will only request your company's  pre-approval for other appropriate expenses.

Other:

If a refund is requested, paid and subsequently a candidate presented by Rust is hired by your company , the refunded portion of the fee is again due and payable by your company.  If additional candidates presented by Rust are hired by your company, an additional fee equal to one third of each candidate's expected first year cash compensation is due and payable by your company.

     Your Company  Date____  John R. Rust      Date____