eSignature Legality for Independent Contractor Agreement in United States

How to eSign a document: e-signature legality for Independent Contractor Agreement in United States

Hi everyone Taylor Mathis here, the Keytlaw girl, marketing director, and legal assistant at KEYTLaw, today I’m going to the perfect outline you need to write a written agreement between your LLC and an independent contractor with 8 things you need to include. And since you are here don’t forget to like and comment on this video if you found it useful, and be sure to subscribe to our channel to check out our more videos! We upload new content every week to assist with your legal needs. So, if your LLC plans to hire any independent contractors it should enter into an Independent Contractor Agreement. The failure to document important contractors leads to disputes among the parties as to what the parties agreed to. The main reason you should create this written agreement is to avoid the issues. Here are the 8 things you need to include: • Money: How much will one party pay the other for the services to be rendered under the contract? Is the amount fixed or does it depend on time spent or production or some other criteria? This is probably the most important to most people to figure out payment. • Second Duties Line Out Exactly what is the employee or contractor required to do, if it full time or part time and How is over time compensated? • Next, set the Terms: What is the term of employment or contractor services, One week, one month, one year, two years, at will? • Fourth what are the Termination rights: figure out if either party can terminate the agreement early with cause or without cause and What the grounds for termination are. Determine How much notice must be given and if their Will be any severance pay. • Another thing is Vacation time, lay out how much time that they get if it is paid or unpaid, and How does vacation time accrue? • Number six determine if there are Fringe benefits and what are the details Next figure out the Confidentiality: Is the employee or contractor prohibited from disclosing or using the LLC’s confidential information? Lastly Noncompete: Is the employee or contractor prohibited from opening a competing business or working for or owning a part of a competing business? Those are the 8 things you need to in an employee or independent contractor agreement with your LLC, if writing this up seems like a daunting task to you let us handle it. For $350, I will prepare an Employment Agreement or Independent Contractor Agreement customized for your LLC and give it to you in Word format, so you can modify the agreement as necessary from time to time for each employee or contractor. The link to that is in the video description below. Don’t forget to like this video and comment with any questions you guys might have! And subscribe to our channel for more helpful videos!