Independent Contractor Agreement Templates – 10 Free Sample Templates

An independent contractor is a person who runs his own business and provides services to other individuals and companies without working directly for any employer. Companies hire independent contractors all the time and ask them to provide services for them. Usually these independent contractors are hired on temporary basis for a short period of time and it depends on each situation if the work is renewed or terminated after the period of employment expires.

Introduction to Independent Contractor Agreement:

When a company hires an independent contractor to provide services, the hirer and the independent contractors enter in a contract known as independent contractor agreement. This agreement gives a guideline of what kind of services are expected by the hirer and what the independent contractor is supposed to provide with his skills and abilities. This agreement also indicates towards the criteria of acceptance of the services and payments that will be made from the hirer to the independent contractor.

Brief Description of Independent Contractor Agreement:

Usually when we talk about independent contracts, people assume that an independent contractor and an employee are the same people as they both work for a company and get paid by it but there is a big difference. If an employer has a saying about how the contractor should do his work, it’s employment and the contractor is an employee of the company where on the other hand, if the employer can’t say anything about how the contractor does his work and he can only control the outcome or final results of the contract, it will be an independent contract. It is very important that before you sign the agreement as the hirer or independent contractor, you understand your status and evaluate if you will be the employee for the hirer or an independent contractor working temporary for him. You should understand that when you earn from the contract, you will be paying taxes and will be asked to make other types of expenses and there is a huge difference in the tax payments of an employee and an independent contractor.

Types of Independent Contractor Agreements:

  1. Written independent contractor agreement
  2. Verbal independent contractor agreement
  3. Partial verbal and written independent contractor agreement
  4. Standard form independent contractor agreement
  5. Period independent contractor agreement

Key Elements to include in the Independent Contractor Agreement:

  • Name of the client/company or hirer who hired the contractor with complete address
  • Name of the independent contractor and his company with complete address
  • Date on which the agreement is being signed
  • Details of the services that the hirer requires from the independent contractor
  • Detailed description of each service that the independent contractor will provide
  • Acceptance criteria for the services provided by the independent contractor
  • Compensation offered by the hirer to the independent contractor in exchange for his services
  • Payments, installments and other particulars i.e. dates and amount of each payment
  • Terms and conditions of the agreement
  • Validation and expiration of the agreement
  • Actions that will result in termination of the agreement
  • Settlement clause in case of a dispute
  • Signature of the hirer, independent contractor, insurer and witnesses

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

Sample Independent Contractor Agreement Templates

Here is preview of Independent Contractor Agreement Template in MS Word Format,

Here is download link for this Independent Contractor Agreement Template,

 

Posted in: Agreement Templates

Comments are closed.

%d bloggers like this: