This Consulting Agreement (the “Agreement”) is entered into as of ________ ,20__ (the “Effective Date”) made between ____________ ("Client"), with a principal place of business at _______________[ADDRESS] and [NAME OF IC] ("Consultant"), with a principal place of business at _______________ [ADDRESS].
1. Services Performed by Consultant: [ALTERNATIVE 1 (SERVICES DESCRIBED IN AGREEMENT):] Consultant agrees to perform the following services for Client: [DESCRIBE SERVICES CONSULTANT WILL PERFORM, INCLUDING ANY AGREED-UPON WORK SCHEDULE] [ALTERNATIVE 2 (SERVICES DESCRIBED ON ATTACHMENT):] Consultant agrees to perform the services described in Exhibit A, which is attached to and made part of this Agreement. 2. Consultant's Payment: [ALTERNATIVE 1 (FIXED FEE):] Consultant shall be paid $[STATE AMOUNT] upon execution of this agreement and $[STATE AMOUNT] upon completion of the work as detailed in Clause 1. [END ALTERNATIVE 1] [ALTERNATIVE 2 (INSTALLMENT PAYMENTS):] Client shall pay Consultant a fixed fee of $[TOTAL AMOUNT], in [NUMBER OF INSTALLMENTS] installments according to the payment schedule described in Exhibit [A or B] which is attached to and made part of this Agreement. [ALTERNATIVE 3 (PAYMENT BY THE HOUR/DAY/WEEK/MONTH):] Consultant shall be compensated at the rate of $[PAYMENT RATE] per [SPECIFY "hour," "day," "week" or "month"]. [OPTIONAL: "Unless otherwise agreed upon in writing by Client, Client's maximum liability for all services performed during the term of this Agreement shall not exceed $[MAXIMUM AMOUNT]."] [END ALTERNATIVE 3] 3. Invoices: Consultant shall submit invoices for all services rendered. Client shall pay the amounts due within ____ days of the date of each invoice. 4. Late Fees: Late payments by Client shall be subject to late penalty fees of _____% per month from the due date until the amount is paid. 5. Expenses: [ALTERNATIVE 1:] Consultant shall be responsible for all expenses incurred while performing services under this Agreement. [OPTIONAL: However, Client shall reimburse Consultant for all reasonable travel and living expenses necessarily incurred by Consultant while away from Consultant's regular place of business to perform services under this Agreement. Consultant shall submit an itemized 1 of 9
statement of such expenses. Client shall pay Consultant within 30 days from the date of each statement. [END ALTERNATIVE 1.] [ALTERNATIVE 2:] Client shall reimburse Consultant for the following expenses that are directly attributable to work performed under this Agreement: • travel expenses other than normal commuting, including airfares, rental vehicles, and highway mileage in company or personal vehicles at __ cents per mile • telephone, facsimile (fax), online and telegraph charges • postage and courier services • printing and reproduction • computer services, and • other expenses resulting from the work performed under this Agreement. Consultant shall submit an itemized statement of Consultant's expenses. Client shall pay Consultant within 30 days from the date of each statement. [END ALTERNATIVE 2.] [OPTIONAL:] 6. Materials: Client shall make available to Consultant, at Client's expense, the following materials, facilities and equipment: ________________________________________ [List]. These items will be provided to Client by ____ [Date]. 7. Term of Agreement: This Agreement will become effective when signed by both parties and will end no later than _____, 19__. 8. Terminating the Agreement: [ALTERNATIVE 1:] With reasonable cause, either party may terminate this Agreement effective immediately by giving written notice of termination for cause. Reasonable clause includes: • a material violation of this agreement, or • nonpayment of Consultant's compensation after 20 days written demand for payment. Consultant shall be entitled to full payment for services performed prior to the effective date of termination. [END ALTERNATIVE 1.] [ALTERNATIVE 2:] Either party may terminate this Agreement at any time by giving ____ [5, 10, 15, 30, 45, 60] days written notice of termination without cause. Consultant shall be entitled to full payment for services performed prior to the effective date of termination. [END ALTERNATIVE 2.] 2 of 9
9. Consultant an Independent Contractor: Consultant is an independent contractor, and neither Consultant nor Consultant's staff is, or shall be d