Executive Search Fee Structure by Vendor

Executive Search Firms Contact Information and Fee Structure

Executive Search Contractor/Contact Information

Fee Structure and Other Terms

Performance Executive Search

Specializes in academic institutions, nonprofit organizations, public/private trust, government organization and corporation

Contract Date: 2/9/07 to 2/8/10

Mr. Dabney Park

800 Douglas Road, Suite 147 Coral Gables, Fl 33134 (305) 445-2842 (305) 984-8767- cell e-mail: info@

? 30% of the estimated first year compensation for the position, plus out-of-pocket expenses. ? 28 % of the estimated first year compensation for the position, plus out-of-pocket expenses, if second seach assignment is commissioned within a 12-month period. ? 25 % of the estimated first year compensation for the position, plus out-of-pocket expenses, if three or more seach assignments are commissioned within a 12-month period.

Follow-up Searches: ? In the event a search fails, Contractor will conduct a replacement search for no additional fee, only out-of-pockets expenses.

Payment is required as follows: ? 1/4 upon signing of contract. ? 1/4 one month from signing of contract. ? 1/4 two months from signing of contract. ? 1/4 (adjusted up or down, depending on the compensation acutally offered on the successful candidate) upon hiring of candidate.

Reimbursement for Out-of-Pocket expenses:

? Necessary and reasonable expenses; including telephone, travel and office expenses directly related to the assignment. ? Travel must be approved before it occurs. ? Candiate travel is reimbursed to candidate directly. ? Either party may terminate at any time, but payments made are not refundable and expenses due must be paid. ? If person hired leaves within two years for any reason other than an act of God (including failing health), Contractor will conduct a follow-up or replacement search at no additional fee, charging only out-of-pocket expenses.

Phoenix Resource Group

Specializes in executive level positions in the medical marketplace

Contract Date: 12/19/06 to 12/18/09

Herb Fluitt 7501 Umberton Road, Unit 2315 Largo, FL 33771 (800) 581-0234 (727) 539-7115 e-mail: hfluitt@

For an Administrative Position search: ? $5,000 initial fee. ? Total fee of 23% of the first year salary (less the initial fee) upon candidate's acceptance of a signed offer.

For Director Position (all specialties) search: ? $5,000 initial fee. ? Total fee of 22% of the first year salary (less the initial fee) upon candidate's acceptance of a signed offer.

For Academic Staff search:

? $3,000 initial fee. ? Total fee of 21% of the first year salary (less the initial fee) upon candidate's acceptance of a signed offer. ? Initial payment will be billed in two equal installments, with such installments due at the end of the first and second months of engagement. Payment of total fee, less initial payment, will be due upon candidate's acceptance of signed offer. ? Contractor's duty to conduct a replacement search for no additional fee, charging only out-of-pocket expenses, in the event the search fails or the selected candidate leaves the position in less than two years for any reason.

Executive Search Firms Contact Information and Fee Structure

Executive Search Contractor/Contact Information

Fee Structure and Other Terms

Korn-Ferry International

Specializes in corporate, government, private and public colleges and universities, public and private secondary schools, education related, not-for-profit organizations

Contract Date: 11/8/06 to 11/7/09

Mr. Ron Zera 2100 McKinney Avenue, suite 1800 Dallas, TX 75201 (214) 954-1834 e-mail: ronald.zera@

? A "flat fee" retainer of $60,000. ? Retainer will be billed in three equal installments, with such installments due at the end of the first, second, and third month of the engagement. ? Contractor shall be reimbursed for expenses related to the search and will be billed as incurred on a monthly basis. ? FIU shall pay administrative and support expenses, in the amount of 12% of the retainer. Administrative and support expenses will be billed in three equal installments, with such installments due at the end of the first, second and third month of the engagement. ? Contractor has duty to conduct a replacement search for no additional fee, charging only for out-of-pocket expenses. ? In the event the search fails or the selected candidate leaves the position in less than two years for any reason, the Contractor will perform a follow-up search for no additional retainer.

Greenwood & Associates Executive Search

Specializes in senior executive, academic/research, health services, specialized administrative (IT, Finance, Human Resources, Facilities Management)

Contract Date: 12/11/06 to 12/10/09

Attn: Dr. Jan Greenwood

42 Business Center Drive, Suite 307 Miramar Beach, FL 32550 (850) 269-7450 e-mail: jangreenwood@

? Direct expenses with receipts will be billed separately for items such as travel, advertising, report reproduction, telecommunications, and express mail. In additional, expenses for background investigations beyond reference checking (included in the fee) will be expensed to the FIU. Expenses are billed as incurred. ? Service is based on one-third (1/3) of the total first year's estimated cash compensation of the individual employed or the minimum fee ($55,000). ? In the event two candidates are hired from the same search, the fee for the second candidate is one-third (1/3) of the salary or the minimum fee ($55,000), whichever is less. ? Fees (Retainer) are billed over the first three months of the contract period. ? Contractor will be charging 10% of fees for indirect expenses on the search for engagement and administrative assistance.

Baker-Parker

Specializes in academic, health sciences and not-forprofit clients

Contract Date: 02/09/07 to 02/08/10

Mr. Jerry Baker Five Concourse Parkway, Suite 2440

Atlanta, GA 30328 (770) 395-2761

(770) 804-1996 e-mail: jbaker@

? The fee shall be a pre-determined amount which reflects the complexity of the search and the time commitment necessary to conduct the engagement. ? The fee is billed in three (3) equal monthly increments beginning with a retainer at inception of the search. ? Direct expenses of an engagement are invoiced on an out-of-pocket basis. ? These expenses include such item as long distance telephone calls, research, reproduction and delivery service, as well as travel and interviewing expenses for the search consultant. ? Candidates will be reimbursed directly for their travel and interviewing expenses by FIU. ? If for some reason the search is canceled, work will stop immediately and a prorated invoice will be issued to include professional fees and accumulated expenses from the date of the last invoice through the cancellation date.

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