Jump to Section
What is a Staffing Agreement?
A staffing agreement is a contract between two parties outlining the terms and conditions of one party utilizing the staff and services of the other party. Often an arrangement like a staffing agreement is used by a company and a staffing agency or a temp agency.
Staffing agreements carefully outline the company's expectations, the staff involved in the contract, and the company utilizing the staffing service. Staffing agreements are not used just for temporary positions or administrative positions. However, they have been used to source high-level employees and experts in their fields on particular projects.
Common Sections in Staffing Agreements
Below is a list of common sections included in Staffing Agreements. These sections are linked to the below sample agreement for you to explore.
Staffing Agreement Sample
Exhibit k.3.
STAFFING AGREEMENT
THIS STAFFING AGREEMENT (“Agreement”) is made and entered into as of the day of , 2013, by and among StoneCastle Partners, LLC (“SCP”), StoneCastle Cash Management, LLC (“SCCM” and, together with SCP, the “SCP Affiliates”) and StoneCastle Asset Management LLC (“SAM”).
WHEREAS, SCCM and SAM are registered investment advisers that are wholly-owned subsidiaries of SCP; and
WHEREAS, SAM is entering into a management agreement (the “Management Agreement”) with StoneCastle Financial Corp., a newly organized Delaware corporation (“SCFC”) established to continue and expand the business of SCP and its affiliates (including SCCM) making investments in community banks located throughout the United States; and
WHEREAS, SAM desires to utilize certain officers, employees and resources of the SCP Affiliates in order to conduct its operations and perform its duties and obligations to SCFC under the Management Agreement.
NOW, THEREFORE, in consideration of the premises and the mutual promises hereinafter set forth, the Parties agree as follows:
1. Term: The term of this Agreement shall commence on , 2013 (“Effective Date”) and shall continue in effect for five (5) years through , 2018. This Agreement will automatically renew for consecutive one (1) year renewal terms unless either party provides written notice of its intent not to renew to the other party at least sixty (60) days in advance of a renewal term, or unless earlier terminated in accordance with Section 2 below.
2. Termination:
2.1 Either party may terminate this Agreement without cause upon one hundred eighty (180) days written notice to the other party.
2.2 If either party breaches a material provision of this Agreement, the other party may terminate upon thirty (30) days’ written notice to the breaching party in the event that the breach is not cured within the thirty (30) day period.
2.3 In the event SAM is no longer under contractual obligation to provide investment advisory services to SCFC under the Management Agreement, this Agreement shall be automatically terminated.
3. Investment Personnel and Office Staff Services: The SCP Affiliates on a full-time basis employ a number of officers, senior management personnel and experienced investment professionals (together referred to as “Investment Personnel”) and back office personnel and administrative personnel (together referred to as “Office Staff”). The SCP Affiliates shall provide, on a shared basis, the following Investment Personnel and Office Staff and services to SAM:
3.1 For such time per week as mutually agreed among SAM and the SCP Affiliates, each of the SCP Affiliates shall provide access to SAM to its Investment Personnel who shall provide investment services to SAM necessary for SAM to fulfill its duties and obligations to SCFC as described under Section 2 of the Management Agreement.
3.2 For such time per week as mutually agreed among SAM and the SCP Affiliates, each of the SCP Affiliates shall provide access to SAM to its Office Staff who shall provide administrative services to SAM necessary for SAM to fulfill its duties and obligations to SCFC as described under Section 3 of the Management Agreement.
3.3 For such time per week as mutually agreed among SAM and the SCP Affiliates, each of the SCP Affiliates shall provide access to SAM to its officers, management and employees (including without limitation the Investment Personnel and the Office Staff) who shall provide such other services to SAM necessary for SAM to conducts its business operations and activities, including without limitation maintaining its legal existence; maintaining its registration as an investment adviser with the Securities and Exchange Commission (the “SEC”) pursuant to the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and ensuring SAM’s compliance with the rules and regulations of the SEC promulgated thereunder.
3.4 The SCP Affiliates shall provide such technological support, office space, office supplies, and other resources reasonably required by SAM in connection with the services to be provided by the Investment Personnel and the Office Staff to SAM.
4. Training: In order for the Investment Personnel and the Office Staff to be able to provide services hereunder, such Investment Personnel and Office Staff may be required to participate in various SCP training activities (e.g., compliance, credit, etc.). The parties agree that the Investment Personnel and Office Staff shall undergo such required training at mutually agreeable times at the expense of the SCP Affiliates.
5. Fee: In consideration of the Investment Personnel and the Office Staff being provided by the SCP Affiliates to SAM, SAM shall pay an annual services fee (the “Fee”) in an amount to be mutually agreed by SCP and SAM immediately prior to the commencement of each year during the term of this Agreement
6. Insurance: The SCP Affiliates shall purchase (directly or indirectly) and keep in full force and effect at their own cost such following insurance coverage with companies of recognized responsibility and authorized to do business in New York as is standard and customary for businesses engaged in the provision of investment advisory services, which shall include:
6.1 Occurrence based Professional Liability insurance covering personal and bodily injury and contractual liability;
2
6.2 Occurrence based Commercial General Liability insurance, including coverage for bodily injury, personal injury, property damage (including loss of use thereof) and contractual liability;
6.3 Workers’ Compensation, including Employer’s Liability coverage and Disability Insurance at levels established by applicable State Laws for their respective employees.
7. Indemnity: Each party agrees to indemnify, defend and hold harmless the other party, its officers, directors, trustees, members, managers, contractors and employees, from and against any and all liability, suits, claims, losses, damages and expenses (including reasonable attorneys’ fees) to the extent that they arise in connection with such person’s performance of its duties and obligations under this Agreement and from any material breach by a party, its officers, directors, trustees, members, managers, contractors or employees of its obligations hereunder or from any negligent or willful misconduct by a party, its officers, directors, trustees, members, managers, contractors, or employees.
8. Confidential Information: All business and professional documents prepared or maintained by the SCP Affiliates in connection with the services performed on behalf of SAM are the sole property of the respective SCP Affiliate and constitute confidential information. SAM shall not, during or at any time after the term of this Agreement, in whole or in part, disclose to any person or entity, or, for SAM’s own purposes or for the benefit of any other person or entity, make use of, any of the information contained in this Agreement, any confidential information concerning the nature or operations of any SCP Affiliate, or any information contained in any of the above-referenced business or professional for any reason or purpose whatsoever, unless pursuant to a court order that has been reviewed and verified by SCP’s attorney, or in order to properly perform the SAM’s duties under this Agreement. The covenants contained in this Section shall survive the termination of this Agreement.
9. | Miscellaneous: |
9.1 This Agreement contains the entire understanding of the parties with respect to the matters contained herein and supersedes all prior verbal and written agreements, negotiations, proposals, and representations and statements with respect thereto and may not be modified or amended except by an instrument in writing signed by the parties.
9.2 This Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors and assigns. Neither party may assign this Agreement without the prior written consent of the other party.
3
9.3 It is understood that the parties are independent contractors engaged in the operation of their own respective business, and neither party is the agent or employee of the other party, and shall not have the authority to bind the other party. This Agreement is not intended and shall not be construed or deemed to create a partnership, joint venture, association taxable as a corporation, or agency relationship.
9.4 Each party reciprocally represents to the other that it will, at all times during the term hereof, fully comply with all federal, state, and local laws, rules, and regulations concerning the services contemplated hereunder.
9.5 All notices pertaining to this Agreement must be sent via confirmed facsimile, email or certified or registered mail to each of the parties hereto at the principal offices of such entity.
9.6 All questions concerning the validity and operation of this Agreement and the performance of the obligations imposed upon the parties hereunder shall be governed by the laws of the State of New York. The parties hereby consent to the jurisdiction and venue of the courts of the State of New York and the Federal District Court for the Southern District of New York with respect to any legal proceeding arising with respect to this Agreement.
9.7 Any provision prohibited by or unlawful or unenforceable under any applicable law of any jurisdiction shall, as to such jurisdiction, be ineffective, without effecting any other provision hereof. To the extent that the provisions of any such law may be waived, they are hereby waived to the end that this Agreement be deemed to be a valid and binding agreement and enforceable in accordance with its terms.
9.8 This Agreement may be executed in several counterparts, each of which shall be deemed to be an original and all of which shall be deemed to constitute one and the same agreement.
4
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed by their duly authorized representatives as of the day and year first above written.
StoneCastle Cash Management, LLC | StoneCastle Asset Management LLC | |||||||
By: | By: | |||||||
Name: |
Name: | |||||||
Title: | Title: | |||||||
Date: | Date: | |||||||
StoneCastle Partners, LLC | ||||||||
By: | ||||||||
Name: | ||||||||
Title: | ||||||||
Date: |
Reference:
Security Exchange Commission - Edgar Database, EX-99.K.3 11 d552499dex99k3.htm EX-99.K.3, Viewed October 21, 2021, View Source on SEC.
Who Helps With Staffing Agreements?
Lawyers with backgrounds working on staffing agreements work with clients to help. Do you need help with a staffing agreement?
Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate staffing agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.
Meet some of our Staffing Agreement Lawyers
Ryenne S.
My name is Ryenne Shaw and I help business owners build businesses that operate as assets instead of liabilities, increase in value over time and build wealth. My areas of expertise include corporate formation and business structure, contract law, employment/labor law, business risk and compliance and intellectual property. I also serve as outside general counsel to several businesses across various industries nationally. I spent most of my early legal career assisting C.E.O.s, General Counsel, and in-house legal counsel of both large and smaller corporations in minimizing liability, protecting business assets and maximizing profits. While working with many of these entities, I realized that smaller entities are often underserved. I saw that smaller business owners weren’t receiving the same level of legal support larger corporations relied upon to grow and sustain. I knew this was a major contributor to the ceiling that most small businesses hit before they’ve even scratched the surface of their potential. And I knew at that moment that all of this lack of knowledge and support was creating a huge wealth gap. After over ten years of legal experience, I started my law firm to provide the legal support small to mid-sized business owners and entrepreneurs need to grow and protect their brands, businesses, and assets. I have a passion for helping small to mid-sized businesses and startups grow into wealth-building assets by leveraging the same legal strategies large corporations have used for years to create real wealth. I enjoy connecting with my clients, learning about their visions and identifying ways to protect and maximize the reach, value and impact of their businesses. I am a strong legal writer with extensive litigation experience, including both federal and state (and administratively), which brings another element to every contract I prepare and the overall counsel and value I provide. Some of my recent projects include: - Negotiating & Drafting Commercial Lease Agreements - Drafting Trademark Licensing Agreements - Drafting Ambassador and Influencer Agreements - Drafting Collaboration Agreements - Drafting Service Agreements for service-providers, coaches and consultants - Drafting Master Service Agreements and SOWs - Drafting Terms of Service and Privacy Policies - Preparing policies and procedures for businesses in highly regulated industries - Drafting Employee Handbooks, Standard Operations and Procedures (SOPs) manuals, employment agreements - Creating Employer-employee infrastructure to ensure business compliance with employment and labor laws - Drafting Independent Contractor Agreements and Non-Disclosure/Non-Competition/Non-Solicitation Agreements - Conducting Federal Trademark Searches and filing trademark applications - Preparing Trademark Opinion Letters after conducting appropriate legal research - Drafting Letters of Opinion for Small Business Loans - Drafting and Responding to Cease and Desist Letters I service clients throughout the United States across a broad range of industries.
Jane C.
Skilled in the details of complex corporate transactions, I have 15 years experience working with entrepreneurs and businesses to plan and grow for the future. Clients trust me because of the practical guided advice I provide. No deal is too small or complex for me to handle.
Faryal A.
Ms. Ayub is an attorney licensed to practice in Texas. Before moving to the US, she has a number of years of experience in contract review, analysis and drafting. Ms. Ayub is available to help you with your legal problems, as well as filling LLC and other business entity formation documents. To know more about her practice, please visit https://ayublawfirmpllc.com/.
David H.
Michigan licensed attorney. A compelling combination of technology, sourcing, sales, and legal experience. Over 20 years in technology positions negotiating technology engagements and contracts. General practice legal experience. Significant IT contracts experience (from IT sourcing/procurement) with the State of Michigan and Zimmer Biomet (Fortune 500). Excellent people, negotiation, and writing skills; keen eye for continuous improvement. Trusted business partner co-leading or supporting cross-functional integrated business/IT projects.
Michael C.
A seasoned senior executive with experience leading the legal and compliance functions of healthcare entities through high-growth periods. I have experience managing voluminous litigation caseloads, while also handling all pre-litigation investigations for employment, healthcare regulatory, and compliance matters. Similarly, I have led multiple M&A teams through purchase and sale processes, including diligence and contract negotiations. Finally, I have extensive contract review experience in all matters, including debt and equity financing, healthcare payor contracting, vendor and employment agreements, as well as service and procurement agreements.
March 8, 2022
Stephanie C.
Alabama Licensed Attorney offering Freelance Services for Wills, Trusts, Probate, Family Law Documents, Criminal Matters, and Real Estate Closings.
March 10, 2022
Benjamin V.
My practice involves counseling businesses and individuals on a variety of contracts, such as business formation, technology/IP, real estate, leases, and even domestic relations agreements. Much of my practice is dedicated to litigation. As such, I approach contract and transactional work from a litigation perspective by advising clients of the risks involved in failing to develop proper contracts. It takes more than knowledge of the law to be a good lawyer. A good lawyer is honest and forthcoming with clients and has a counseling ethos. And, to me, a good lawyer stands in the shoes of the client when considering how to best serve that client. Whether my client is a business or an individual, I am passionate about helping my clients understand their rights, responsibilities, risks, and possibilities.
Find the best lawyer for your project
Browse Lawyers NowNeed help with a Staffing Agreement?
Employment lawyers by top cities
- Austin Employment Lawyers
- Boston Employment Lawyers
- Chicago Employment Lawyers
- Dallas Employment Lawyers
- Denver Employment Lawyers
- Houston Employment Lawyers
- Los Angeles Employment Lawyers
- New York Employment Lawyers
- Phoenix Employment Lawyers
- San Diego Employment Lawyers
- Tampa Employment Lawyers
Staffing Agreement lawyers by city
- Austin Staffing Agreement Lawyers
- Boston Staffing Agreement Lawyers
- Chicago Staffing Agreement Lawyers
- Dallas Staffing Agreement Lawyers
- Denver Staffing Agreement Lawyers
- Houston Staffing Agreement Lawyers
- Los Angeles Staffing Agreement Lawyers
- New York Staffing Agreement Lawyers
- Phoenix Staffing Agreement Lawyers
- San Diego Staffing Agreement Lawyers
- Tampa Staffing Agreement Lawyers
ContractsCounsel User
Tweak recruitment agency contract
Location: Alabama
Turnaround: A week
Service: Contract Review
Doc Type: Recruiting Services Agreement
Page Count: 3
Number of Bids: 3
Bid Range: $245 - $650
ContractsCounsel User
Staffing and Recruiting Contract Agreement
Location: Illinois
Turnaround: A week
Service: Drafting
Doc Type: Recruiting Services Agreement
Number of Bids: 8
Bid Range: $250 - $1,250
related contracts
- Bereavement Policy
- BYOD Policy
- Code of Conduct
- Code of Ethics
- Collective Bargaining Agreement
- Compensation Agreement
- Conflict of Interest Policy
- Consulting Agreement
- Contract for Employment
- Contract Services Agreement
other helpful articles
- How much does it cost to draft a contract?
- Do Contract Lawyers Use Templates?
- How do Contract Lawyers charge?
- Business Contract Lawyers: How Can They Help?
- What to look for when hiring a lawyer