Appointment By Shipping Company Of Agent For Recruitment Of Personnel - Legal Draft

AGENCY

AGREEMENTBETWEEN________________________AND_______________________AND

AGREEMENT FOR RECRUITMENT made this ____ day of _______ 200_ BETWEEN ________

LIMITED, a Company incorporated in ___________, having its registered office at

_____________________________________________ (hereinafter referred to as

"the Principal") and ________________________________ PVT. LTD. a

Company incorporated in India, having its registered office at

__________________________, (hereinafter referred to as "the Agent";WHEREAS

the Principal is carrying on the business of ship -- management desirous of

appointing the Agent, to act as Agent to assist the Principal in recruiting

personnel from India for its ships on the terms and conditions hereinafter

contained;NOW

IT IS HEREBY MUTUALLY AGREED between parties hereto as follows:1. The Principal hereby

appoints the Agent to be its Agent in India with effect from ________.2. Whenever required by

the Principal or any of its associated concerns or clients:a. The Agent shall

arrange for suitable advertisements to be inserted in local newspapers for

posts to be filled in the offices or the Ships of the Principal, its Associates

or their clients.b. The Agent will scrutinize

all applications, send out application forms for candidates to be interviewed,

carry out interviews; and submit to the Principal a short list of the

applicants for the Principal's consideration.c. When the Principal

has made a selection, the Agent will make arrangements for their medical check

up, visas, passage etc. etcetra.3. The Agent will also

make arrangements for visas, passage etc. whenever required for any of the

staff already serving the Principal.4. The Agent will also

assist the Principal in investigating and processing in any project in India

that the Principal is considering venturing into India.For

and in consideration of the services to be performed under this Agreement, the

Principal agrees to pay the Agent as follows:-A. A monthly retainer

fee of Rs.________/- (Rupees _______________________ only) payable in advance

for 3 months at a time. Such fee shall be payable from the date of commencement

of this Agreement and shall continue for so long as this Agreement and shall

continue for so long as this Agreement remains in force.B. A fee equivalent to

one month's salary of any person employed by the Principal through the Agent's

efforts as hereinbefore provided, subject to a maximum of Rs.________/- (Rupees

_________________ only) per person employed. In the event that no person is

employed, in spite of the Agent's best efforts, then the fee payable will be

equivalent to half of one month's salary offered for the post to be filled,

subject to a maximum of Rs.________/- (Rupees _________________ only).C. The Principal will in

addition send advances to the Agent for all actual expenses to be incurred on

advertisements, visas, passages, and other incidental expenses. The Agent will

submit an account listing all expenses duly supported by original bills,

vouchers etcetra.It

is hereby agreed that the terms of the Agreement may be modified by mutual

consent of the parties.This

Agreement shall remain in force upto __/__/____ and, if extended thereafter,

such Agreement shall remain in force until terminated by either party giving

one month's notice in writing expiring on the last day of any calendar month.Should

any dispute arise between the Owners and the Agents the matter shall be

referred to arbitration in Hongkong in accordance with the law of Hongkong.IN

WITNESS WHEREOF the parties hereto have hereunto set their hands the day and

year first above written.SIGNED

AND DELIVERED by the with in named )for

and on behalf of the Principal )in

the presence of )SIGNED

AND DELIVERED by the with in named )for

and on behalf of the Agent )in

the presence of )