Terms of Engagement

Mergers & Acquisitions

Executive Search

Additional Services

Terms of Engagement


  1. John C. McArthur & Associates, Inc. is retained on an exclusive basis;.
  2. Any potential candidates that have expressed an interest in the position, or may apply directly to the client, will be referred to John C. McArthur & Associates, Inc. for pre-screening along with candidates recruited by our firm or who respond to any advertisements placed.
  3. Upon successfully completing the search, our fee is 25% of the estimated first year’s total annual compensation, plus out of pocket expenses for pre-approved travel, advertisements, testing, long distance telephone and fax, couriers, etc. plus HST.
  4. An upfront retainer of one third of the estimated fee plus HST is required before the search commences. An equal amount will be billed on completion of the Short List. The balance, plus HST, will be due and payable on the successful candidate’s start date.