Retained Search Agreement Template – US

Confidential Engagement Terms

The information provided herein is intended solely as an illustrative example for contractual arrangements of executive search services. It does not constitute legal or professional advice and should not replace consultation with a qualified legal professional experienced in employment law or contractual agreements. Regulations and legal standards may differ by jurisdiction, requiring appropriate adjustments to ensure compliance. The use of this sample document is at the user’s discretion, and no liability is assumed for any errors, omissions, or consequences resulting from its use without expert review.

Please note: This is a sample Retained Search Agreement template, provided for illustrative purposes only. Actual terms may differ based on specific arrangements and applicable laws.

Retained Search Agreement Sample

Parties Involved:

Search Firm: XYZ Executive Search LLC
Address: 123 Business Ave, New York, NY 10001

Client: Acme Corporation
Address: 456 Corporate Blvd, New York, NY 10022

Scope of Services:

The search firm agrees to conduct a confidential and exclusive search for candidates to fill the position of [Position Title] as specified by the client, employing industry best practices.

Retainer and Fees:

The client agrees to pay the search firm a retainer fee of [Amount] upon execution of this agreement. Additional fees may be payable upon candidate placement, as detailed herein.

Search Firm Responsibilities:

The search firm shall utilize its professional expertise to identify and assess qualified candidates, providing regular updates and facilitating interviews at the client’s request.

Term and Termination:

This agreement shall commence on the date signed and continue until the successful placement of a candidate or until terminated by either party with written notice, subject to specified terms.

Confidentiality:

Both parties agree to keep all sensitive information regarding candidates and proprietary data confidential during and after the term of this agreement.

Governing Law:

This agreement shall be governed by the laws of the State of New York. Disputes shall be resolved in the courts of New York County.

Additional Provisions:

• The client agrees to provide timely feedback and access to necessary personnel and resources.
• This agreement may only be amended in writing signed by both parties.
• In the event of candidate placement, a fee of [Percentage or Amount] shall be payable within [Timeframe] of placement.

New York, ______________________