Re: Placement Agency Agreement

From
Will Reid <wreid@thekey.com>
To
Steve Koyanagi <skoyanagi@thekey.com>
CC
Timothy Thomas <tt@thekey.com>, Legal <legal@thekey.com>
Date
Tue, 1 Apr 2025 12:35:28 -0400
Folder
INBOX
--00000000000082fbc50631ba2005 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable 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 On Wed, Feb 26, 2025 at 2:54=E2=80=AFPM Steve Koyanagi 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=E2=80=AFAM Will Reid wro= te: > >> 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 lev= el. >> 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 F= ee >> shall be $500 for a Bronze Key Client, who is a client that reaches $5,0= 00 >> in collected net revenue $750 for a Silver Key Client, who is a client t= hat >> reaches $25,000 in collected net revenue $1500 for a Gold Key Client, wh= o >> 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) d

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