Disclaimer: The template provided herein is intended solely for informational purposes and does not constitute legal advice. Its usage should not be considered a substitute for consulting a qualified attorney who can offer guidance tailored to your specific legal circumstances and jurisdiction. No warranties or guarantees, either expressed or implied, are made regarding the accuracy or completeness of this template. Laws and regulations can change, so it is essential to seek up-to-date legal counsel to address your unique situation adequately. Use of this template is at your own risk, and the provider assumes no liability for any consequences resulting from its use.
What is an Independent Contractor Agreement Template?
An Independent Contractor Agreement Template is a legally binding document that outlines the terms and conditions under which a person or business entity (the “Contractor”) agrees to provide services to another person or company (the “Client”). This template is constructed keeping all the legal implications in mind. It includes factors like compensation, confidentiality, intellectual property rights, and other crucial aspects of the contractor-client relationship.
Why do you need an Independent Contractor Agreement Template?
- It clearly outlines the roles and responsibilities of both parties involved so there is no confusion and dispute afterwards.
- By specifying terms of agreement, it protects both parties from litigation or again, disputes, within the roles of each party and allows them their legal rights under the employment contract.
- It states that a contractor is not a regular employee to separate their terms of work from that of a regular employee for tax implications.
- It upholds confidentiality of the information that is shared between the contractor and the company to safeguard intellectual property.
What should be included in an Independent Contractor Agreement Template?
- An Independent Contractor Agreement contains a plethora of information that is relevant to the terms of agreement between both parties:
- A detailed description of the services to be performed by the contractor.
- The method through which the contractor will perform the services, including time, location, and resources required.
- The decided compensation of the contractor for the services they provide. It should also mention the mode of payment on the schedule of the payment.
- It should clearly outline the ownership of the content or work created as a result of this arrangement and who is entitled to the rights of the intellectual property produced in result of this agreement.
- An outline for dispute resolution, should any arise in the course of the employment.
- The governing laws and jurisdiction under which the contract will be interpreted.
How to use our Independent Contractor Agreement Template
Download the Independent Contractor Agreement from our website and fill in the necessary credentials of the employee and the employing parties. There are multiple sections emphasizing distinct roles of the contractor and obligations of the company, which need to be filled. Once you have, you can submit this template to your legal department for processing and any reviews if necessary.
Download our Independent Contractor Agreement Template today!
Ensure a legally sound and clear agreement with your independent contractor through this template. It will allow you to foster trust with people you bring on to work for you independently and start off your professional journey on the right foot.
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