Independent Contractor's Agreement
This Independent Contractor's Agreement (Agreement) is entered into this ____ day of ______________, 20__, by and between ___________________________________________, a ___________________ corporation (Corporation), and _______________________________, an independent contractor (Contractor), in consideration of the mutual promises made herein, as follows:
Term Of Agreement.
This Agreement will become effective on the ______ day of _______________, 20__, and will continue in effect until:
Flat Fee. In consideration for the services to be performed by Contractor, Corporation agrees to pay Contractor the sum of ________________________ dollars ($__________), upon completion of the work to be performed.
Hourly Compensation. In consideration for the services to be performed by Contractor, Corporation agrees to pay to Contractor the sum of ________________ dollars ($_____) per hour. In no event, however, will the compensation paid to Contractor be less than _______________________ dollars ($_____), payable to Contractor on the ______ day of each month.
Retainer. In consideration for the services to be performed by Contractor, Corporation agrees to pay Contractor the sum of ______________________ dollars ($__________) as a retainer at the time of execution of this Agreement. In addition to the retainer, Corporation agrees to pay monthly any and all reasonable and necessary expenses incurred by Contractor on behalf of Corporation in connection with the services performed by Contractor, payment for such expenses being made on the _____ day of each month.
Liability Insurance. Contractor agrees to maintain a policy of insurance in the minimum amount of _________________ Dollars ($__________) to cover any negligent acts committed by Contractor or Contractor's employees or agents during the performance of any duties under this Agreement. Contractor further agrees to hold Corporation free and harmless from any and all claims arising from any such negligent act or omission.
Assignment. Neither this Agreement nor any duties or obligations under this Agreement may be assigned by Contractor without the prior written consent of Corporation.
Assignment. Neither this Agreement nor any duties or obligations under this Agreement may be assigned by Corporation without the prior written consent of Contractor.
Termination Of Agreement.
Notices. Any notices to be given hereunder by either party to the other may be effected either by personal delivery or by mail, registered or certified, postage prepaid with return receipt requested. Mailed notices shall be addressed to the parties at the addresses appearing in the introductory paragraph of this Agreement, but each party may change that address by written notice in accordance with this paragraph. Notices delivered personally shall be deemed communicated as of the date of actual receipt; mailed notices shall be deemed communicated as of three (3) days after the date of mailing.
Entire Agreement. This Agreement supersedes any and all agreements, either oral or in writing, between the parties hereto with respect to the rendering of services by Contractor for Corporation, and contains all of the covenants and agreements between the parties with respect to the rendering of such services in any manner whatsoever. Each party to this Agreement acknowledges that no representations, inducements, promises, or agreements, orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein, and that no other agreement, statement, or promise not contained in this Agreement shall be valid or binding. Any modification of this Agreement will be effective only if it is in writing signed by the party to be charged.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of ________________________________.
Corporation, by _____________________ Date
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