Independent Contractor Agreement
Terms and Conditions
1. Engagement and Services
The Company hereby engages the Contractor, and the Contractor agrees to perform the following services:
[Description of services to be performed by the contractor, e.g., graphic design, marketing, consulting, etc.]
These services shall be performed in accordance with the terms and conditions of this Agreement.
2. Term of Agreement
This Agreement shall begin on [Start Date] and continue until [End Date], unless earlier terminated by either Party in accordance with Section 6 of this Agreement. The Parties may agree to extend the term by mutual written consent.
3. Independent Contractor Status
The Contractor is engaged as an independent contractor and is not an employee, agent, or partner of the Company. The Contractor shall have no authority to bind the Company to any agreements or obligations without prior written consent. The Contractor is solely responsible for all taxes, withholdings, and other statutory obligations arising from their income and performance under this Agreement.
4. Compensation
- Rate of Compensation: The Company agrees to pay the Contractor a fee of [Dollar Amount] per [hour/project/day/week/month], payable upon [milestone completion/receipt of invoice/other terms].
- Payment Terms: The Contractor shall submit invoices to the Company for the services rendered. Payment shall be made by the Company within [number] days of receipt of an invoice. Late payments may incur a [late fee percentage] charge after [number] days.
5. Expenses
Unless otherwise agreed upon in writing, the Contractor shall be responsible for all expenses incurred while performing the services under this Agreement. The Company shall not reimburse the Contractor for any expenses, including but not limited to travel, materials, equipment, or supplies.
6. Termination
Either Party may terminate this Agreement at any time with [number] days’ written notice to the other Party. Upon termination, the Contractor shall be entitled to payment for services rendered up to the termination date, but shall not be entitled to any further compensation, unless otherwise agreed.
Termination may occur immediately for cause if either Party fails to perform their obligations or breaches any material term of this Agreement. In such cases, the non-breaching Party may terminate the Agreement without notice.
7. Confidentiality
The Contractor agrees to maintain the confidentiality of any confidential information disclosed by the Company in connection with the services provided under this Agreement. This obligation shall survive the termination of this Agreement.
For the purpose of this Agreement, “confidential information” includes any information that is proprietary or not publicly available, such as business plans, trade secrets, marketing strategies, client information, or financial data.
8. Intellectual Property
Any work product, including but not limited to designs, reports, documents, inventions, or any other deliverables created by the Contractor in the course of providing the services, shall be considered “work for hire.” All rights, including copyright and intellectual property rights, in any work product shall belong to the Company, unless otherwise agreed in writing.
9. Indemnification
The Contractor agrees to indemnify and hold harmless the Company, its officers, employees, agents, and affiliates from any and all claims, damages, or liabilities arising out of the Contractor’s breach of this Agreement, or the negligence, misconduct, or willful acts of the Contractor in performing the services.
10. No Solicitation
The Contractor agrees that, during the term of this Agreement and for a period of [number] years following its termination, the Contractor will not solicit or attempt to solicit the Company’s clients, employees, or independent contractors for the purpose of providing services that compete with the services provided to the Company under this Agreement.
11. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of laws principles.
12. Entire Agreement
This Agreement contains the entire understanding between the Parties and supersedes all prior and contemporaneous agreements, representations, and understandings, whether oral or written, with respect to the subject matter of this Agreement.
13. Amendments
This Agreement may be amended or modified only in writing and signed by both Parties.
14. Severability
If any provision of this Agreement is found to be invalid, illegal, or unenforceable, the remainder of the Agreement shall remain in full force and effect.