Simple Independent Contractor Agreement Template Word

INDEPENDENT CONTRACTOR AGREEMENT

This Independent Contractor Agreement (the "Agreement") is entered into as of [___________] (the "Effective Date") by and between:

COMPANY: [___________], with a principal place of business located at [___________] (the "Company"), and

CONTRACTOR: [___________], with a principal place of business/residence located at [___________] (the "Contractor").

The Company and the Contractor may be referred to individually as a "Party" and collectively as the "Parties."

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1. SERVICES TO BE PERFORMED

The Contractor agrees to perform the following services for the Company (the "Services"): [____________________________________________________________________________________________________]

2. TERM

This Agreement shall commence on the Effective Date and shall continue until the Services are completed, unless terminated earlier in accordance with the provisions of this Agreement.

3. COMPENSATION

As full compensation for the Services, the Company shall pay the Contractor as follows: [___________] (the "Fee"). The Fee shall be paid on the following schedule: [___________].

4. INDEPENDENT CONTRACTOR STATUS

The Parties agree that the Contractor is an independent contractor and not an employee, partner, or joint venturer of the Company. The Contractor is solely responsible for all federal, state, and local taxes, as well as any social security or self-employment tax contributions. The Contractor shall not be entitled to any employee benefits, including but not limited to health insurance, vacation pay, or retirement plans.

5. WORK PRODUCT AND INTELLECTUAL PROPERTY

Any work product, designs, inventions, or other materials created by the Contractor in the performance of the Services ("Work Product") shall be the sole and exclusive property of the Company. The Contractor hereby assigns to the Company all right, title, and interest in such Work Product.

6. CONFIDENTIALITY

The Contractor acknowledges that they may have access to proprietary information of the Company. The 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 the prior written consent of 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 termination, the Company shall pay the Contractor for all Services performed up to the effective date of termination.

8. INDEMNIFICATION

The Contractor agrees to indemnify and hold harmless the Company from any claims, damages, or expenses arising out of or related to the Contractor’s performance of the Services, including any claims of negligence or willful misconduct.

9. GOVERNING LAW

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

10. ENTIRE AGREEMENT

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

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

COMPANY

Signature: __________________________ Name: [___________] Title: [___________] Date: [___________]

CONTRACTOR

Signature: __________________________ Name: [___________] Title: [___________] Date: [___________]