Terms of Business

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1. DEFINITIONS

In these Terms of Business the following definitions apply:

"Assignment" means the period during which the Contractor or Temp is supplied to render services to the Client;

"Client" means the person, firm or corporate body together with any subsidiary or associated company this form is addressed to;

"Contractor" means the limited company introduced to the client by Oasis to carry out an assignment (and save or otherwise indicated, includes any officer, employee, or representative thereof);

"Oasis" means Oasis Recruitment Group Ltd of registered office, St Peters House, 64 North Street, Chichester, PO19 1LT acting as an Employment Business and Employment Agency within the meaning of the Regulations;

"Engagement" means the engagement, employment or use of the Applicant directly by the Client or any third party or through any other employment business/agency on a permanent or temporary basis, whether under a contract of service or for services; an agency, license, franchise or partnership arrangement; or any other engagement; directly or through a limited company of which the Applicant is an officer or employee;

"Applicant" means the person or Contractor Introduced by Oasis to the Client for an Engagement;

"Transfer Fee" means 300 x hourly rate (or such other fee as may be agreed) plus VAT;

"Relevant Period" means the later of either 14 weeks from the first day of the first Assignment (the "first Assignment" being each new Assignment where there has been a break of more than 6 weeks since the end of the previous Assignment) or 8 weeks commencing on the day after the day on which an Assignment ended;
"Regulations" means The Conduct of Employment Agencies and Employment Business Regulations 2003 as may be amended from time to time;

"Introduction Fee" means the fee payable in accordance with clause 3.8 below and Regulation 10 of the Regulations ;

"Introduction" means where Oasis passes the curriculum vitae of an Applicant or other information that would identify an Applicant to the Client

"Remuneration" includes base salary or fees, guaranteed and/or anticipated bonus and commission earnings, allowances, inducement payments, the benefit of a company car and all other payments and taxable (and, where applicable, non-taxable) emoluments payable to or receivable by the Applicant for services rendered to or on behalf of the Client or any third party. Where a company car is provided, a notional amount of £4000 will be added to the salary in order to calculate Oasis' fee;

"Temp" means an individual who is Introduced by Oasis to render services to the client on a temporary basis;

"Perm" means an individual who is Introduced by Oasis to render services to the client on a permanent basis;

"Agreed Period" means 24 weeks or such other period as agreed. Where Oasis has supplied the Contractor or Temp, the Agreed Period shall commence on the day after the last day of the Assignment;

"Temp-to-Perm" means where a Temp is taken on directly by the Client;

"Temp-To-Temp" means where a Temp is subsequently supplied to the Client by a different employment business;

"Temp-To-Third Party" means where the Client introduces a Temp to another person who engages the Temp directly.

Unless the context otherwise requires, references to the singular include the plural. The headings contained in these Terms are for convenience only and do not affect their interpretation.

2. THE CONTRACT

2.1 These Terms constitute the contract between Oasis and the Client for the supply of the Applicant by Oasis to the Client and are deemed to be accepted by the Client by virtue of its request for, interview with or Engagement of the Applicant or the passing of any information about the Applicant to any third party following an Introduction.


2.2 These Terms contain the entire agreement between the parties and unless otherwise agreed in writing by a director of Oasis, these Terms prevail over any terms of business or purchase conditions put forward by the Client.

2.3 No variation or alteration to these Terms shall be valid unless the details of such variation are agreed between Oasis and the Client and are set out in writing and a copy of the varied terms is given to the Client stating the date on or after which such varied terms shall apply.

2.4 Failure by the Client to sign these Terms will not constitute non-acceptance.

3. CHARGES AND NOTIFICATION

3.1 The Client agrees to pay the hourly charges of Oasis. The charges are calculated according to the number of hours worked by the Contractor or Temp (to the nearest quarter hour). The charges comprise mainly the Contractor's or Temp's pay but also include National Insurance contributions, Working Time Directive Holiday allowance, Oasis' commission calculated as a percentage of the Contractor's or Temp's pay, and any travel, hotel or other such expenses as may have been agreed with the Client or, if there is no such agreement, such expenses as are reasonable. VAT, if applicable, is payable on the entirety of these charges.

3.2 The charges are invoiced to the Client on a weekly basis and are payable within 14 days. Oasis reserves the right to charge interest on any overdue amounts at the rate of 4% above the base rate from time to time of Barclays Bank plc from the due date until the date of payment.

3.3 There are no rebates payable in respect of the charges of Oasis for the services rendered by the Contractors or Temps.

3.4 The Client agrees:

To notify the Agency immediately of any offer of an Engagement which it makes to the Applicant;

To notify the Agency immediately that its offer of an Engagement to the Applicant has been accepted and to provide details of the Remuneration to the Agency; and

To pay the Agency's fee within 14 days of the date of invoice.

3.5 Except in the circumstances set out in clause 5 below, no fee is incurred by the Client until the Applicant commences the Engagement when the Agency will render an invoice to the Client for its fees.
3.6 The Client shall pay executive search fees 30% of total annual taxable remuneration for each appointed Applicant payable as follows:

10% on agreement of the Assignment; 10% on short list presentation, 10% appointment fee upon appointment in any capacity by the Client or any associated company. The Client shall also pay advertising at cost (no premium), space and production charges are charged to the Client at cost. Payment is due on date of publication of each advertisement. Where the precise Remuneration is not known in advance, the Remuneration will be estimated for the purposes of the first two instalments of the fee. The final instalment of the fee will be based on the actual Remuneration and any necessary adjustments will be made and no entitlement to refunds of any paid instalments arises, where the Client decides not to proceed with the search or appointment of the Applicant.

3.7 Oasis reserves the right to increase the charges in proportion to any increases which may occur in wage rates, employers national insurance contributions, or the cost of materials or equipment needed to carry out the Assignment.
3.8 In addition to the fees payable under clause 3.6, the fee payable to Oasis by the Client for an Introduction resulting in an Engagement is the amount equal to:

12% of Remuneration up to £10000
15% of Remuneration from £10001 - £15000
20% of Remuneration from £15001 - £30000
25% of Remuneration from £30001 and above during the first 12 months of the Engagement. VAT will be charged on the fee if applicable.

3.9 Failure by the Client to notify Oasis of an offer of Engagement which results in the commencement of an Applicant will render the Client liable to a fee equal to 25% of the Remuneration.

3.10 Oasis reserves the right to charge the Client £5.00 + VAT per copy invoice.

3.11 Oasis may use a licensed credit referencing agency and a search may be recorded on file.

4. TRANSFER FEES IN RELATION TO TEMPS

4.1 Where there has been a supply of a Temp leading to a Temp-to-Perm or Temp-to-Temp arrangement within the Relevant Period or where there has been an Introduction but no supply of a temp leading to a Temp-to Perm or to a Temp-to-Temp arrangement within 6 months of the Introduction, the Client shall be liable to either:

(a) hire the Temp for the Agreed Period; OR
(b) pay the Transfer Fee.

4.2 The Client shall give Oasis 14 days notice in advance of the period during which they intend to hire a Temp for the Agreed period.

4.3 Where there has been a supply of a Temp leading to a Temp-to-Third Party arrangement within the Relevant Period or where there has been an Introduction but no supply of a Temp leading to a Temp-to-Third Party arrangement within 6 months from the date of Introduction, the Client shall pay the Transfer Fee.

4.4 There are no refunds payable in respect of Transfer Fees.

5 TRANSFER AND INTRODUCTION FEES IN RELATION TO CONTRACTORS

5.1 In the event of the Engagement of a Contractor supplied by Oasis either (1) directly by the Client or (2) by the Client pursuant to being supplied by another employment business/agency, within the Relevant Period the Client shall be liable, to either:

(a) hire the Contractor