Independent Contractor Agreement
This Independent Contractor Agreement (the “Agreement”) is made as of Date signed — Company between [Company legal name], located at [Company address] (the “Company”), and [Contractor name], located at [Contractor address] (the “Contractor”).
1. Services
The Contractor will perform the following services: [describe the services, deliverables and any deadlines] (the “Services”).
2. Payment
The Company will pay the Contractor [rate, e.g. $[amount] per hour / a fixed fee of $[amount]]. The Contractor will invoice [monthly / on completion], and the Company will pay each undisputed invoice within [thirty (30)] days. Expenses are reimbursed only if approved in writing in advance.
3. Independent contractor status
The Contractor is an independent contractor, not an employee. The Contractor controls the manner and means of performing the Services, supplies their own equipment, may work for others, and is not eligible for employee benefits. The Contractor is responsible for all taxes on amounts paid under this Agreement, and the Company will issue any tax forms required by law.
4. Intellectual property
Work product created by the Contractor specifically for the Company under this Agreement is assigned to the Company upon payment. The Contractor keeps ownership of tools, materials and know-how that existed before this Agreement or were developed independently, and grants the Company a non-exclusive, perpetual license to use any of them incorporated in the work product.
5. Confidentiality
The Contractor will keep the Company's non-public information confidential, use it only to perform the Services, and return it when the engagement ends.
6. Term and termination
This Agreement starts on the Effective Date and continues until the Services are complete, unless ended earlier. Either party may terminate it on [fourteen (14)] days' written notice. The Company will pay for Services performed through the termination date.
7. Insurance and liability
The Contractor is responsible for any insurance it chooses or is required to carry. Neither party is liable for indirect or consequential damages arising from this Agreement.
8. General
This Agreement is governed by the laws of the State of [State]. It is the entire agreement between the parties on its subject and may be amended only in writing signed by both parties. Neither party may assign it without the other's consent.
Signatures
Company
Signature: Signature — Company
Name: Full name — Company
Date: Date signed — Company
Contractor
Signature: Signature — Contractor
Name: Full name — Contractor
Date: Date signed — Contractor

