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TERMS & AGREEMANT

• You have represented to us that you customarily perform freelance services for Recruitment. You will perform such responsibilities as may from time to time be specified by us. All of your services will be subject to our final approval and will be performed in accordance with our standards, but you will direct the details and means by which the services are accomplished.

• You agree that we have proprietary rights to the research conducted by you. For each search, you are requested to generate a candidate report detailing source, contact, conversation, referral, and result made on our behalf, The candidate report will be made available at request by the client. It is important to note that the research belongs to both you and Greycells.

• As compensation for the services rendered by you hereunder, We agree to pay you 25% of amount received by Greycells from the client for each candidate recruited through you and If you generate an empanelment of Greycells to a new client you receive 35% as referral fee of amount earned for the first year from the new client & 15% for the second year for every candidate we place to the empanelled company. In case you are able to generate the candidate for the empanelled client then you receive a total of 50% of amount received by Greycells from the client.

• Payment will be forwarded to you only after the receipt of payment from client and at your request a copy of the cheque received from the client will be forwarded to you, this step is taken by Greycells in order to maintain transparency in all our dealings with our Partners/Freelancers.

• Payment will only be issued by mode of Cheques’ unless agreed otherwise by both parties after deductions (if applicable) and will be delivered to you at the address provided during signup. Cheques’ will only be issued on the name of the applicant as filled in during signup. They will be delivered to you before the 15th of every month after the month of issue.

• You warrant and represent that the business furnished by you, hereunder will be original and no part will infringe upon or violate the rights of any person or entity, including, without limitation, any copyrights, trademarks or rights of privacy or publicity.

• You acknowledge that you are entering into this agreement as an independent contractor and not as an employee of the company and, therefore, you will not be eligible for any of the company's employee benefits. In addition, you will not be considered an employee with regard to any laws concerning insurance, unemployment compensation, National, state or local income tax withholding at local source or any other laws, regulations or orders relating to employees. Accordingly, you agree to discharge all obligations imposed upon you as an independent contractor by all applicable laws, regulations or orders now or hereafter in force, including, without limitation, those relating to income taxes and including the filing of all returns and reports, and the payment of all assessments, taxes and other sums required of an independent contractor. We shall issue information returns as required by law with respect to fees paid to you each year. You will indemnify us against any claims, damages, liabilities and expenses of any kind arising out of or in connection with your failure to discharge your obligations as an independent contractor.

• You will have no right to enter into any contracts or commitments on our behalf without our prior written approval.

• You hereby acknowledge that in connection with the rendition of services for us, you will have access to and may receive confidential information concerning us, and our clients. You hereby agree that, all such confidential information will be treated by you as confidential and, except in the performance of your duties; you will not at any time disclose any such confidential information to any third party without our prior written consent. This provision shall survive termination of this agreement.

• This agreement constitutes the entire agreement between you and Greycells with respect to the subject matter hereof and may not be amended without the written consent of both parties hereto.

• This agreement will be deemed effective as of the date hereof and will continue until terminated by either party upon written notice, effective upon the receipt of such notice unless another effective date is set forth in the notice. This agreement shall be construed in accordance with the laws of the Mumbai courts. Please confirm your acceptance of the foregoing by clicking the I Agree Button below.

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