Re: Placement Agency Agreement

Sure; see attached.

On Wed, Apr 2, 2025 at 9:07 AM Tammi Franzese <tammi.franzese@thekey.com>
wrote:

> Good Morning Will,
>
> I think the change proposed looks fine. If you'd like to wait for Steve's
> approval, he should be back tomorrow. I'm glad to help make the change but
> I don't see a document attached.
>
> Best,
>
> Tammi Franzese
>
> Senior Corporate Paralegal | TheKey
>
> Mobile: 123.456.7890
>
> <http://www.thekey.com>
>
>
>
> On Tue, Apr 1, 2025 at 12:35 PM Will Reid <wreid@thekey.com> wrote:
>
>> Hey Steve,
>> The placement agency MySeniorCarePartners has requested the following
>> change to our agreement. I'm OK with it. If you are aligned, will you make
>> the change?
>>
>> Thanks,
>>
>> I would like to remove the last line in Section 2 Paragraph 2
>>  "The Referral Fee will be paid within fifteen (15) days after receipt of
>> the final invoice from Agent."
>>
>> Replaced with:
>> THEKEY shall notify Agent within 24 hours of the client becoming a
>> Bronze, Silver, Gold, and/or platinum Key Client, and will issue the
>> appropriate Referral Fee (as described in section 2 of the Agreement) to
>> Agent within 15 days of receipt of the final invoice from Agent.
>>
>>
>> *Will Reid*
>>
>> Partner | TheKey
>>
>> Mobile: 513.707.2304
>>
>> <http://www.thekey.com>
>>
>>
>>
>> On Wed, Feb 26, 2025 at 2:54 PM Steve Koyanagi <skoyanagi@thekey.com>
>> wrote:
>>
>>> Here you go; note it looks like you were using a slightly older
>>> template so I updated your language into our new template. (No business
>>> terms are changed in the new template fyi so it is substantively the same.)
>>>
>>> Let me know if there are any questions. Thanks.
>>>
>>> On Wed, Feb 26, 2025 at 11:29 AM Will Reid <wreid@thekey.com> wrote:
>>>
>>>> Steve,
>>>> I need to have the following change made to our Placement Agency
>>>> Agreement. I discussed this with Tim and explained that this would be a
>>>> limited-use agreement in a couple of accounts that do not have an HCL
>>>> involved. FYI, we do all of the tracking and management at the local level.
>>>> Let me know if you can help with this.
>>>>
>>>> I'd like to remove the following from the attached Placement Agency
>>>> Agreement.
>>>>
>>>> *2. Referral Fee. *TheKey shall pay Agent a placement fee for services
>>>> rendered for each individual who (a) was  introduced to TheKey by
>>>> Agent, and (b) entered into a client consent agreement with TheKey.
>>>> The Referral Fee  shall be 10% of total revenue generated by the client to
>>>> TheKey, not to exceed $2,500 in total payment to Agent. TheKey shall
>>>> provide a copies of client invoices to Agent until the $2,500 threshold has
>>>> been reached.  The Referral Fee will be paid within fifteen (15) days
>>>> after receipt of the final invoice from Agent.
>>>>
>>>> I'd like to replace the above with the following:
>>>>  * 2. Referral Fee.*TheKey shall pay Agent a placement fee for
>>>> services rendered for each individual who (a) was introduced to TheKey by
>>>> Agent, and (b) entered into a client consent agreement with TheKey.  The
>>>> Referral Fee shall be $500 for a Bronze Key Client, who is a client that
>>>> reaches $5,000 in collected net revenue $750 for a Silver Key Client, who
>>>> is a client that reaches $25,000 in collected net revenue $1500 for a Gold
>>>> Key Client, who is a client that reaches $50,000 in collected net revenue
>>>> $3000 for a Platinum Key Client, who is a client that reaches $100,000 in
>>>> collected net revenue The maximum total award for a client is $5,750. The
>>>> Referral Fee will be paid within fifteen (15) days after receipt of the
>>>> final invoice from Agent.
>>>>
>>>> Thank you,
>>>>
>>>>
>>>> *Will Reid*
>>>>
>>>> Partner | TheKey
>>>>
>>>> Mobile: 513.707.2304
>>>>
>>>> <http://www.thekey.com>
>>>>
>>>>