RCRT Recruiter com Group Inc

Item 1.01 Entry into a Material Definitive Agreement.

On March 23, 2023, Recruiter.com Group, Inc. (the “Company”) entered into a Master Referral Agreement (“Master Agreement”) and a Strategic Referral Agreement (“Strategic Agreement”) with Job Mobz Inc. (“Job Mobz”). Pursuant to the Master Agreement, the Company may from time to time refer certain clients of the Company to Job Mobz. For each new client of Job Mobz, with whom Job Mobz did note have commercial contact with in the 12 months preceding the referral, Job Mobz shall pay to the company a referral fee as set forth in the Agreement. The amount of the referral fee is dependent upon whether the referral is an existing client of the Company, a new client of the Company, or a client of the Company who purchases services from Job Mobz of a nature not historically offered by the Company. Referral fees under the Master Agreement are subject to certain minimum and maximum payout amounts. The Master Agreement generally continues until the maximum payout is achieved or until 36 months have elapsed. Once enough referral fees are paid so that minimum commission is achieved, the Strategic Agreement comes into full force and effect which will then govern referral fees for new clients of the Company or a client of the Company who purchase services from Job Mobz of a nature not historically offered by the Company. The Strategic Agreement generally can be terminated upon 60 days prior written notice to the other party.

The summaries of the Master Agreement and the Strategic Agreement do not purport to be complete and are qualified in their entirety by reference to the full texts of the Master Agreement and Strategic Agreement, respectively, copies of which are filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K.