When hiring an independent contractor, it is important to have a solid contract in place to protect both parties. The following is a sample contract for an independent contractor agreement.
1. Scope of Work
The contractor will perform the services as set forth in the project description, which is attached to this agreement as Exhibit A. The contractor shall use their own equipment, tools, and facilities to complete the services.
2. Payment
The contractor will be paid at the rate of [insert rate] per [insert unit of time]. Payment will be made upon completion of the services outlined in Exhibit A. Any additional expenses must be pre-approved by the client in writing.
3. Confidentiality
The contractor agrees to keep any confidential information obtained during the course of their work with the client confidential. This includes any trade secrets, business plans, client lists, or any other proprietary information.
4. Term
The term of this agreement will begin on the date of this agreement and will continue until the services outlined in Exhibit A have been completed.
5. Termination
This agreement may be terminated by either party upon [insert notice period] days’ written notice to the other party. In the event of termination, the contractor will be paid for any services provided up until the date of termination.
6. Independent Contractor Status
The contractor is an independent contractor and not an employee of the client. As such, the contractor will be responsible for paying their own taxes, providing their own insurance, and complying with all applicable laws and regulations.
7. Representations and Warranties
The contractor represents and warrants that they are fully authorized to enter into this agreement and perform the services outlined in Exhibit A.
8. Indemnification
The contractor will indemnify and hold harmless the client, its officers, employees, and agents from any and all claims, damages, and expenses arising from the contractor`s work or any breach of this agreement.
9. Governing Law
This agreement will be governed by and construed in accordance with the laws of the state of [insert state]. Any dispute arising from this agreement will be resolved in accordance with the dispute resolution provisions set forth in Exhibit A.
10. Entire Agreement
This agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral. Any modifications to this agreement must be made in writing and signed by both parties.
By signing below, the parties acknowledge that they have read and understand all provisions of this agreement and agree to be bound by its terms and conditions.