Cheers guys. I assumed as much. I can't post the "agreement" contract here as I don't want to be naming and shaming anyone. But I guess if you are asked to sign something like this you'd know exactly which agency I'm talking about.
There were other things in the "agreement" which I found somewhat distasteful like lock-in clauses, i.e. Once I get a contract via them and that contract is finished, I can't get a new contract with that client via any other agency for a period of up to 12 months. I'd have to go back to this agency. May be if I stretch the definition of the word "reasonable", I could say it is reasonable to ask for something like this for a contract with a very small company that doesn't really hire more that one or two people a year. But this agency works (or claims to) with investment banks!
I guess I'll leave things there then.
There were other things in the "agreement" which I found somewhat distasteful like lock-in clauses, i.e. Once I get a contract via them and that contract is finished, I can't get a new contract with that client via any other agency for a period of up to 12 months. I'd have to go back to this agency. May be if I stretch the definition of the word "reasonable", I could say it is reasonable to ask for something like this for a contract with a very small company that doesn't really hire more that one or two people a year. But this agency works (or claims to) with investment banks!
I guess I'll leave things there then.
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