The Placement Contract Agreement is essential for organizations engaging recruitment services in Singapore. This document establishes the legal framework for recruitment relationships, ensuring compliance with Singapore's Employment Agency Act and related regulations. It defines key aspects such as service scope, fees, warranties, and obligations of both parties. The agreement protects both the placement agency and client company while ensuring transparent terms for successful recruitment partnerships.
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1. Parties: Identifies and defines all parties to the agreement, including legal names and addresses
2. Background: Sets out the context and purpose of the placement agreement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Details the placement services to be provided
5. Term and Duration: Specifies the duration of the placement agreement
6. Fees and Payment Terms: Outlines fee structure and payment conditions
7. Obligations of the Parties: Details responsibilities of both placement agency and client
8. Termination: Conditions and process for ending the agreement
9. Governing Law: Specifies Singapore law as governing law
1. Non-Competition: Restricts competitive activities between parties and protects business interests
2. Non-Solicitation: Prevents poaching of employees or clients during and after the agreement term
3. Force Majeure: Addresses unforeseeable circumstances preventing contract performance
4. Insurance: Details required insurance coverage and liability provisions
5. Data Protection: PDPA compliance provisions and data handling requirements
1. Fee Schedule: Detailed breakdown of fees and charges
2. Service Level Agreement: Specific performance metrics and standards
3. Required Documentation: List of documents required for placement
4. Placement Process: Detailed workflow of the placement process
5. Compliance Requirements: Regulatory and statutory requirements checklist
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