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Fees, Expenses, and Guarantee


           Executive Search








          Pay For Performance Fee Structure:  Second and Third installments tied to


          deliverables.

          Searches are conducted for 33% of first year estimated total annual cash


          compensation and billed as follows:

                   • One third at the outset of the assignment.

                   • One third at the 30-day mark of the assignment (with the delivery of


                        our Benchmark Report).

                   • Balance when the search has been completed.


          • One time admin fee charged at 7% of the estimated fee, excluding travel

              and interview expenses.


          • One year guarantee.
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