Business Individual Contract

BUSINESS INDIVIDUAL CONTRACT

This Business Individual Contract (the "Agreement") is entered into as of by and between:

Recitals

WHEREAS, the Business named above is engaged in the business of ; and

WHEREAS, the Individual named above possesses the skill, experience and capacity to perform the services set forth in this Agreement; and

WHEREAS, the parties desire to set forth their mutual rights and obligations with respect to such services in a single binding agreement.

Scope of Work

The Individual shall perform the Services described above in a professional and timely manner consistent with industry standards. Any material change to the Scope of Work must be documented in a written amendment signed by both parties.

Payment Terms

Total Compensation: $

Late Payment Fee: If any invoiced amount is not paid within days of invoice due date, interest will accrue at % per month (or the maximum permitted by law), plus a one-time administrative fee of $.

Payment Method: The Business will pay by the method agreed in writing (bank transfer, check, or other mutually acceptable method). Reimbursable expenses shall be paid only if pre-approved in writing by the Business and accompanied by supporting receipts.

Term and Termination

Term Commencement Date:    Term Expiration Date:

Either party may terminate this Agreement for convenience upon days' prior written notice to the other party. Either party may terminate for material breach if the breaching party fails to cure such breach within 15 days after receiving written notice specifying the breach.

Confidentiality

"Confidential Information" means all non-public information disclosed by either party, whether oral, written or electronic, that is designated confidential or that reasonably should be understood to be confidential given the nature of the information. The receiving party shall: (a) hold Confidential Information in confidence using at least the same degree of care it uses to protect its own confidential information but no less than a reasonable standard of care; (b) use Confidential Information solely to perform obligations under this Agreement; and (c) not disclose Confidential Information to any third party except to its employees or contractors on a need-to-know basis who are bound by confidentiality obligations no less protective than those in this Agreement.

Confidential Information does not include information that: (i) is or becomes publicly available without breach of this Agreement; (ii) is rightfully received from a third party without restriction; or (iii) is independently developed by the receiving party without use of Confidential Information. Upon termination or written request, the receiving party shall return or destroy Confidential Information and certify destruction if requested.

Independent Contractor; Insurance; Indemnification

The Individual is an independent contractor and not an employee, partner, or agent of the Business. The Individual is solely responsible for all taxes, withholdings, and benefits. The Individual shall maintain appropriate insurance coverage for the Services and provide evidence of such insurance upon request.

Each party shall indemnify and hold harmless the other party from and against any claims, damages, liabilities, costs and expenses (including reasonable attorneys' fees) arising out of the indemnifying party's gross negligence, wilful misconduct or material breach of this Agreement.

Governing Law; Venue

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its choice-of-law rules. The parties agree that exclusive venue for any dispute shall be in the state or federal courts located in that State, and each party consents to personal jurisdiction therein.

Entire Agreement; Amendment

This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings and communications, whether written or oral. No amendment or waiver of any provision of this Agreement shall be effective unless in writing and signed by authorized representatives of both parties.

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties agree to negotiate in good faith a replacement provision consistent with the original economic intent of the invalid provision.

Execution

This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one instrument. Electronic signatures, including scanned signatures transmitted by electronic means, shall be binding.

Sign Now