Business template

Independent Contractor Agreement

1099 contractor agreement with scope of work, compensation, IP assignment, confidentiality clauses.

Who signs

  1. 1. Company
  2. 2. Contractor

Full template text

Independent Contractor Agreement Agreement for Professional Services

1. Parties and Engagement This Independent Contractor Agreement is entered into between the Company and the Contractor identified below. The Company engages the Contractor to perform the services described herein as an independent contractor, not as an employee.

2. Scope of Work The Contractor agrees to perform the services described below in a professional and workmanlike manner. The Contractor shall have sole discretion over the methods and means of performing the work, subject to the specifications and deadlines agreed upon.

3. Compensation The Company shall pay the Contractor the rate specified below for services rendered. Payment shall be made within thirty (30) days of receipt of a proper invoice. The Contractor is responsible for all applicable taxes.

4. Independent Contractor Status The Contractor acknowledges that they are an independent contractor and not an employee. The Contractor shall not be entitled to employee benefits and is responsible for their own insurance, taxes, and business expenses.

5. Confidentiality and IP The Contractor agrees to maintain the confidentiality of all proprietary information. All work product created under this agreement shall be considered work-for-hire and shall be the exclusive property of the Company.

Company Name:

Contractor Name:

Project Description:

Compensation Rate: $

Start Date:

Company Representative Signature Date

Contractor Signature Date

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