This Partnership Contract will be established between 

elephant recruiting UG (haftungsbeschränkt) - represented by Jan Ludwig, Founder & CEO, Weinbergstraße 20/2, 73730 Esslingen

also referred to as "tlou.ai"

And 

This Contract is settled to establish a business relationship between tlou.ai and {organization}. 

tlou.ai provides AI-based evaluations to support recruitment decisions. These evaluations do not replace human judgment. The Customer remains solely responsible for any decisions made based on such evaluations.

tlou.ai offers different service packages based on the individual company needs of {organization}.

Additional Services by elephant recruiting UG (haftungsbeschränkt)

Success Fee

In addition to the monthly subscription payment, elephant recruiting UG (haftungsbeschränkt) is eligible to charge an optionaL fee for every successful hiring.

Six months after {organization} has closed a position in tlou.ai, {organization} will be contacted by an employee of elephant recruiting UG (haftungsbeschränkt). If the candidate that has been hired via tlou.ai is still with the company, a success fee will be charged based on the following schema:

Gross annual salary	success fee (in %)	example
< 20.000 €	0%	Jobs with a gross annual salary below 20.000 € are not considered in the var. pricing catalogue.
20.000 € - 49.999 €	0,5%	The gross annual salary of a Job posted using tlou is 35.000 €, you will be charged at years end with a variable fee of 175 €
50.000 € - 79.999 €	0,75%	The gross annual salary of a Job posted using tlou is 65.000 €, you will be charged at years end with a variable fee of 487,5 €
>= 80.000	0,85%, max. 1.000€	The gross annual salary of a Job posted using tlou is 90.000 €, you will be charged at years end with a variable fee of 765 € For Jobs with a gross annual salary higher than ~118.000 €, the variable fee is capped to 1.000€ per Job.

Section 4: Terms & Conditions

Payment Terms:

Payments are processed immediately via Stripe upon acceptance of this offer. By submitting the form, the client authorizes the provider to collect the agreed amount through the selected payment method. The payment obligation arises upon confirmation of the booking or order. No deductions or deferments are permitted. Any transaction fees incurred are covered by the provider unless otherwise specified.

Contract duration:

This agreement shall have an initial term of six (6) months commencing upon signature. Thereafter, it shall automatically renew for successive periods of six (6) months unless terminated by either party with written notice given at least 30 days prior to the end of the then-current term. Any deviation from the initial term must be expressly agreed upon in writing by both parties.

Confidentiality

All information exchanged under this agreement shall be treated as confidential and shall not be disclosed to any third party without the prior written consent of the other party.
Limitation of Liability Liability shall be limited to cases of willful misconduct or gross negligence. Liability for indirect damages or loss of profits is expressly excluded.

Intellectual Property Rights

All documents, materials, and content provided shall remain the exclusive intellectual property of the provider.

Governing Law

This agreement shall be governed by and construed in accordance with the laws of the Federal Republic of Germany. The place of jurisdiction shall be Stuttgart.

Requirement of Written Form

Amendments or supplements to this agreement shall only be valid if made in writing and duly signed by both parties.

Usage of GenAI

tlou.ai uses AI-based systems to assist in the evaluation of application documents. These tools provide non-binding recommendations to support human decision-making. The customer remains solely responsible for the hiring decision.

 

Severability Clause

Should any provision of this Agreement be or become invalid or unenforceable, in whole or in part, this shall not affect the validity or enforceability of the remaining provisions.

The Parties agree to replace the invalid or unenforceable provision with a valid and enforceable provision that comes as close as possible to the economic intent and purpose of the original provision.