Simple Independent Contractor Agreement Template

INDEPENDENT CONTRACTOR AGREEMENT

This Independent Contractor Agreement (the "Agreement") is made and entered into this [__] day of [__________], 20[__] (the "Effective Date"), by and between:

COMPANY: [________________________________________________] (“Company”), with its principal place of business located at [________________________________________________].

CONTRACTOR: [________________________________________________] (“Contractor”), with a principal place of business/residence located at [________________________________________________].

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1. SERVICES TO BE PERFORMED

Contractor agrees to perform the following services for the Company (the “Services”): [__________________________________________________________________________________________] [__________________________________________________________________________________________]

2. TERM OF AGREEMENT

This Agreement shall commence on the Effective Date and shall continue in full force and effect until the Services are completed, or until terminated by either party as provided herein. The estimated completion date is [__________________].

3. COMPENSATION

In consideration for the services rendered, the Company shall pay the Contractor as follows:

• Rate: [__________________] per [hour/project/month]
• Payment Terms: Invoices shall be submitted by the Contractor on a [monthly/bi-weekly] basis. Payment shall be made by the Company within [____] days of receipt of a valid invoice.

4. INDEPENDENT CONTRACTOR STATUS

The parties agree that the Contractor is an independent contractor and not an employee, agent, or partner of the Company. Contractor is solely responsible for all federal, state, and local taxes, withholdings, and any other contributions required by law. Contractor is not entitled to any Company benefits, including but not limited to health insurance, retirement plans, or paid leave.

5. CONFIDENTIALITY

Contractor acknowledges that they may have access to proprietary information, trade secrets, and confidential data belonging to the Company. Contractor agrees to hold all such information in strict confidence and shall not disclose or use such information for any purpose outside the scope of this Agreement without prior written consent from the Company.

6. INTELLECTUAL PROPERTY

All work product, deliverables, documents, or other materials created by the Contractor specifically for the Company under this Agreement (“Work Product”) shall be the sole and exclusive property of the Company. Contractor hereby assigns all right, title, and interest in such Work Product to the Company.

7. TERMINATION

Either party may terminate this Agreement at any time upon [____] days' written notice to the other party. In the event of early termination, the Contractor shall be compensated for all services satisfactorily performed up to the date of termination.

8. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State/Commonwealth of [__________________].

9. ENTIRE AGREEMENT

This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether written or oral, regarding the subject matter herein. Any amendments to this Agreement must be made in writing and signed by both parties.

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

COMPANY:

Signature: ___________________________

Name: [______________________________]

Title: [______________________________]

CONTRACTOR:

Signature: ___________________________

Name: [______________________________]

Date: [______________________________]