INDEPENDENT CONTRACTOR AGREEMENT
This Agreement is entered into as of the day of ________ 20____ between
___________________________ (“the Company”) and ________________________
(“the Contractor”).
1. Independent Contractor. Subject to the terms and conditions of this Agreement, the
Company hereby engages the Contractor as an independent contractor to perform the
services set forth herein, and the Contractor hereby accepts such engagement.
2. Duties, Term, and Compensation. The Contractor’s duties, term of engagement,
compensation and provisions for payment thereof shall be as set forth in the estimate
previously provided to the Company by the Contractor and which is attached as
Exhibit A, which may be amended in writing from time to time, or supplemented with
subsequent estimates for services to be rendered by the Contractor and agreed to by
the Company, and which collectively are hereby incorporated by reference.
3. Expenses. During the term of this Agreement, the Contractor shall bill and the
Company shall reimburse him or her for all reasonable and approved out-of-pocket
expenses which are incurred in connection with the performance of the duties
hereunder. Notwithstanding the foregoing, expenses for the time spend by Consultant
in traveling to and from Company facilities shall not be reimbursable.
4. Written Reports. The Company may request that project plans, progress reports and a
final results report be provided by Consultant on a monthly basis. A final results
report shall be due at the conclusion of the project and shall be submitted to the
Company in a confidential written report at such time. The results report shall be in
such form and setting forth such information and data as is reasonably requested by
the Company.
5. Inventions. Any and all inventions, discoveries, developments and innovations
conceived by the Contractor during this engagement relative to the duties under this
Agreement shall be the exclusive property of the Company; and the Contractor
hereby assigns all right, title, and interest in the same to the Company. Any and all
inventions, discoveries, developments and innovations conceived by the Contractor
prior to the term of this Agreement and utilized by him or her in rendering duties to
the Company are hereby licensed to the Company for use in its operations and for an
infinite duration. This license is non-exclusive, and may be assigned without the
Contractor’s prior written approval by the Company to a wholly owned subsidiary of
the Company.
6. Confidentiality. The Contractor acknowledges that during the engagement he or she
will have access to and become acquainted with various trade secrets, inventions,
innovations, processes, information, records and specifications owned or licensed by
the Company and/or used by the Company in connection with the operation of its
business including, without limitation, the Company’s business and product
processes, methods, customer lists, accounts and procedures. The Contractor agrees
that he or she will not disclose any of the aforesaid, directly or indirectly, or use any
of them in any manner, either during the term of this Agreement or at any time
thereafter, except as required in the course of this engagement with the Company. All
files, records, documents, blueprints, specifications, information, letters, notes, media
lists, original artwork/creative, notebooks, and similar items relating to the business
of the Company, whether prepared by the Contractor or otherwise coming into his or
her possession, shall remain the exclusive property of the Company. The Contractor
shall not retain any copies of the foregoing without the Company’s prior written
permission. Upon the expiration or earlier termination of this Agreement, or
whenever requested by the Company, the Contractor shall immediately deliver to the
Company all such files, records, documents, specifications, information, and other
items in his or her possession or under his or her control. The Contractor further
agrees that he or she will not disclose his or her retention as an independent
contractor or the terms of this Agreement to any person without the prior written
consent of the Company and shall at all times preserve the confidential nature of his
or her relationship to the Company and of the services hereunder.
7. Conflicts of Interest; Non-hire Provision. The Contractor represents that he or she is
free to enter into this Agreement, and that this engagement does not violate the terms
of any agreement between the Contractor and any third party. Further, the
Contractor, in rendering his or her duties shall not utilize any invention, discovery,
development, improvement, innovation, or trade secret in which he or she does not
have a proprietary interest. During the term of this agreement, the Contractor shall
devote as much of his or her productive time, energy and abilities to the performance
of his or her duties hereunder as is necessary to perform the required duties in a
timely and productive manner. The Contractor is expressly free to perform services
for other parties while performing services for the Company. For a period of six
months following any termination, the Contractor shall not, directly or indirectly hire,
solicit, or encourage to leave the Company’s employment, any employee, consultant,
or contractor of the Company or hire any such employee, consultant, or contractor
who has left the Company’s employment or contractual engagement within one year
of such employment or engagement.
8. Right to Injunction. The parties hereto acknowledge that the services to be rendered
by the Contractor under this Agreement and the rights and privileges granted to the
Company under the Agreement are of a special, unique, unusual, and extraordinary
character which gives them a peculiar value, the loss of which cannot be reasonably
or adequately compensated by damages in any action at law, and the breach by the
Contractor of any of the provisions of this Agreement will cause the Company
irreparable injury and damage. The Contractor expressly agrees that the Company
shall be entitled to injunctive and other equitable relief in the event of, or to prevent, a
breach of any provision of this Agreement by the Contractor. Resort to such
equitable relief, however, shall not be construed to be a waiver of any other rights or
remedies that the Company may have for damages or otherwise. The various rights
and remedies of the Company under this Agreement or otherwise shall be construed
to be cumulative, and not one of them shall be exclusive of any other or of any right
or remedy allowed by law.
9. Merger. This Agreement shall not be terminated by the merger or consolidation of
the Company into or with any other entity.
10. Termination. The Company may terminate this Agreement at any time by 10
working days’ written notice to the Contractor. In addition, if the Contractor is
convicted of any crime or offense, fails or refuses to comply with the written policies
or reasonable directive of the Company, is guilty of serious misconduct in connection
with performance hereunder, or materially breaches provisions of this Agreement, the
Company at any time may terminate the engagement of the Contractor immediately
and without prior written notice to the Contractor.
11. Independent Contractor. This Agreement shall not render the Contractor an
employee, partner, agent of, or joint venture with the Company for any purpose. The
Contractor is and will remain an independent contractor in his or her relationship to
the Company. The Company shall not be responsible for withholding taxes with
respect to the Contractor’s compensation hereunder. The Contractor shall have no
claim against the Company hereunder or otherwise for vacation pay, sick leave,
retirement benefits, social security, worker’s compensation, health or disability
benefits, unemployment insurance benefits, or employee benefits of any kind.
12. Insurance. The Contractor will carry liability insurance (including malpractice
insurance, if warranted) relative to any service that he or she performs for the
Company.
13. Successors and Assigns. All of the provisions of this Agreement shall be binding
upon and inure to the benefit of the parties hereto and their respective heirs, if any,
successors, and assigns.
14. Choice of Law. The laws of the state of
_________________ shall govern the
validity of this Agreement, the construction of its terms and the interpretation of the
rights and duties of the parties hereto.
15. Arbitration. Any controversies arising out of the terms of this Agreement or its
interpretation shall be settled in _________________ in accordance with the rules of
the American Arbitration Association, and the judgment upon award may be entered
in any court having jurisdiction thereof.
16. Headings. Section headings are not to be considered a part of this Agreement and are
not intended to be a full and accurate description of the contents hereof.
17. Waiver. Waiver by one party hereto of breach of any provision of this Agreement by
the other shall not operate or be construed as a continuing waiver.
18. Assignment. The Contractor shall not assign any of his or her rights under this
Agreement, or delegate the performance of any of his or her duties hereunder, without
the prior written consent of the Company.
19. Notices. Any and all notices, demands, or other communications required or desired
to be given hereunder by any party shall be in writing and shall be validly given or
made to another party if personally served, or if deposited in the United States mail,
certified or registered, postage prepaid, return receipt requested. If such notice or
demand is served personally, notice shall be deemed constructively made at the time
of such personal service. If such notice, demand or other communication is given by
mail, such notice shall be conclusively deemed given five days after deposit thereof in
the United States mail addressed to the party to whom such notice, demand or other
communication is to be given as follows: If to the Contractor: {Insert Name}
{Address Line 1}
{Address Line 2} If to the Company: {Insert Name}
{Address Line 1} {Address Line 2}
Any party hereto may change its address for purposes of this paragraph by written
notice given in the manner provided above.
20. Modification or Amendment. No amendment, change or modification of this
Agreement shall be valid unless in writing signed by the parties hereto.
21. Entire Understanding. This document and any exhibit attached constitute the entire
understanding and agreement of the parties, and any and all prior agreements,
understandings, and representations are hereby terminated and canceled in their
entirety and are of no further force and effect.
22. Unenforceability of Provisions. If any provision of this Agreement, or any portion
thereof, is held to be invalid and unenforceable, then the remainder of this Agreement
shall nevertheless remain in full force and effect.
IN WITNESS WHEREOF the undersigned have executed this Agreement as of the day
and year first written above. The parties hereto agree that facsimile signatures shall be as
effective as if originals. __ __
[company name] [contractor’s name]
By:_________________________ By:____________________________
Its: [title or position] Its: [title or position]
SCHEDULE A
DUTIES, TERM, AND COMPENSATION
DUTIES: The Contractor will [describe here the work or service to be performed] .
He or she will report directly to [name] and to any other party designated
by [name] in connection with the performance of the duties under this
Agreement and shall fulfill any other duties reasonably requested by the
Company and agreed to by the Contractor.
TERM: This engagement shall commence upon execution of this Agreement and shall continue in full force and effect through [date] or earlier upon
completion of the Contractor’s duties under this Agreement. The
Agreement may only be extended thereafter by mutual agreement, unless
terminated earlier by operation of and in accordance with this Agreement.
COMPENSATION: (Choose A or B)
A. As full compensation for the services rendered pursuant to this
Agreement, the Company shall pay the Contractor at the hourly rate of
[dollar amount] per hour, with total payment not to exceed [dollar
amount] without prior written approval by an authorized representative of
the Company. Such compensation shall be payable within 30 days of
receipt of Contractor’s monthly invoice for services rendered supported by
reasonable documentation.
B. As full compensation for the services rendered pursuant to this
Agreement, the Company shall pay the Contractor the sum of [dollar
amount], to be paid [time and conditions of payment.]