Independent Contractor Agreement is an agreement between a company 'client' and a contractor who works independently and is not an employee or partner of the company. This agreement sets the terms of the contractor's engagement and the main provisions are the delivery of services, statement of work, changes in the scope of work and acceptance procedures, ownership of work product, confidentiality of information, limitation of liabilities etc.
INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (the "Agreement") is made and entered between: ____________________________with its business place at _____________________ hereinafter referred to as “Company” and ____________________________, an individual residing at _____________________hereinafter referred to as "Contractor". Background: A. WHEREAS, Company is in the business of pro__________________________(state business); B. WHEREAS, Company desires to retain Contractor [non]exclusively for the purpose of (state purpose), and; In consideration of the covenants and conditions hereinafter set forth, Company and Contractor agree as follows: 1. TERM This Agreement shall commence on ________________ and shall expire on ______ (the “Term”) unless terminated earlier in accordance with Clause 15. 2. ENGAGEMENT Subject to the terms and conditions of this Agreement, the Company is engaging Contractor, as an independent contractor for __________________________(“Work”). 3. SERVICES Contractor shall perform services (the "Work") for the Company as specified in Schedule "A", attached hereto and made part hereof, which may be amended in writing from time to time, and agreed to by the Company. 4. PAYMENT (a) Fees. In consideration of the services to be performed by the Contractor under this Agreement, the Employer agrees to pay the Contractor in the amounts and in accordance with Schedule B attached to this Agreement. (b) Reimbursable Expenses. The Employer shall reimburse Independent Contractor’s reasonable travel expenses incurred in performing services pursuant to this Agreement, including ______________________________, but not including personal expenses such as lodging, meals, cellular telephone, etc. Reimbursement will only be made upon presentation by Contractor to the Employer of itemized receipts for expenses included with the weekly report described in Section 2(c). (c) Weekly Reporting. For all weeks during which the Independent Contractor performs services or incurs reimbursable expenses pursuant to this Agreement, he shall provide to the Employer on a weekly basis during the Term a written report of all such hours worked and reimbursable expenses incurred (including receipts). The Independent Contractor’s compensation and reimbursement is payable within 30 days following the Employer’s receipt of the Independent Contractor’s weekly report. 5. CONFIDENTIALITY (a) Contractor recognises and acknowledges that the Company possesses certain Confidential Information that constitutes a valuable, special, and unique asset. Confidential Information shall include all information and materials belonging to, used by, or in the possession of the Company relating to its products, processes, services, technology, inventions, patents, ideas, contracts, financial information, developments, business strategies, pricing, current and prospective customers, marketing plans, and trade secrets of every kind and character, (b) but shall not include: information that was already within the public domain at the time the information is acquired by Contractor; or information that subsequently becomes public through no act or omission of the Contractor. (c) Contractor agrees that all of the Confidential Information is and shall continue to be the exclusive property of the Company, whether or not prepared in whole or in part by Contractor and whether or not disclosed to or entrusted to Contractor's custody. Contractor agrees that Contractor shall not, at any time following the execution of this Agreement, use or disclose in any manner any Confidential Information of the Company. 6. OWNERSHIP OF WORK PRODUCT (a) As set forth in this section, any and all works, ideas, discoveries, inventions, patents, products, designs, business methods or other information (collectively, the “Work Product”) which the Contractor may conceive or make during the Term
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