Independent Contractor Agreement Malaysia Template

INDEPENDENT CONTRACTOR AGREEMENT

THIS INDEPENDENT CONTRACTOR AGREEMENT (the "Agreement") is made and entered into as of this ______ day of ____________________, 20____ (the "Effective Date").

BETWEEN:

(1) __________________________________________________ (Company Registration No. __________________), a company incorporated in Malaysia and having its registered office at __________________________________________________________________ (hereinafter referred to as the "Company");

AND

(2) __________________________________________________ (NRIC/Passport No. __________________), an individual residing at __________________________________________________________________ (hereinafter referred to as the "Contractor").

(The Company and the Contractor are collectively referred to as the "Parties" and individually as a "Party").

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1. ENGAGEMENT AND SERVICES

1.1 The Company hereby engages the Contractor, and the Contractor hereby agrees to provide the services described in Schedule A (the "Services"). 1.2 The Contractor shall perform the Services in a professional, diligent, and competent manner, consistent with industry standards.

2. TERM

2.1 This Agreement shall commence on the Effective Date and shall continue until ____________________ (the "Termination Date"), unless terminated earlier in accordance with the provisions herein.

3. FEES AND PAYMENT

3.1 In consideration for the Services, the Company shall pay the Contractor a fee of RM __________________ (Ringgit Malaysia: ______________________________________) per [hour/day/month/project]. 3.2 The Contractor shall submit a tax invoice to the Company on a [monthly/completion] basis. Payments shall be made by the Company within ______ days upon receipt and verification of the invoice. 3.3 The Contractor is solely responsible for all personal income tax, Employees Provident Fund (EPF), SOCSO, and any other statutory contributions required under Malaysian law.

4. INDEPENDENT CONTRACTOR STATUS

4.1 The Parties agree that the Contractor is an independent contractor and not an employee, partner, or agent of the Company. 4.2 The Contractor shall not be entitled to any employee benefits, including but not limited to, medical leave, annual leave, bonuses, or insurance coverage provided by the Company to its employees.

5. CONFIDENTIALITY

5.1 The Contractor acknowledges that they may have access to proprietary, technical, or business information ("Confidential Information"). The Contractor agrees to keep all such information strictly confidential and shall not disclose it to any third party without prior written consent from the Company.

6. INTELLECTUAL PROPERTY

6.1 All work products, deliverables, and intellectual property created by the Contractor pursuant to this Agreement shall be the exclusive property of the Company. The Contractor hereby assigns all rights, title, and interest in such works to the Company.

7. TERMINATION

7.1 Either Party may terminate this Agreement by providing ______ days' written notice to the other Party. 7.2 The Company may terminate this Agreement immediately for cause, including but not limited to, breach of contract, negligence, or misconduct by the Contractor.

8. GOVERNING LAW AND JURISDICTION

8.1 This Agreement shall be governed by and construed in accordance with the laws of Malaysia. 8.2 Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Malaysia.

9. ENTIRE AGREEMENT

9.1 This Agreement constitutes the entire understanding between the Parties and supersedes all prior discussions, agreements, or representations.

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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first above written.

For and on behalf of the Company:

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Name: _______________________ Designation: _________________ Date: ________________________

The Contractor:

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Name: _______________________ Date: ________________________

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SCHEDULE A: DESCRIPTION OF SERVICES

[Detailed description of tasks, deliverables, and project milestones to be completed by the Contractor]

__________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________