Independent Contractor Agreement and its Importance

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INDEPENDENT CONTRACTOR AGREEMENT
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What is Independent CONTRACTOR AGREEMENT
Independent contractor agreement is an important
critical point of hiring the contractor. It
allows you to hire a contractor, who is an
individual .The Independent Contractor Agreement
sets out the important legal terms. It covers the
clauses on confidentiality, warranties,
Intellectual Property and Indemnities.
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Why BUSINESS USE INDPENDENT CONTRACTOR AGREEMENT

• You are interested in the services of an
  Individual Contractor instead of an employee of
  the company.
• You want to make sure that the company owns any
  intellectual property that is developed by the
  contractor.
• You need a contractor for a considerable time,
  and there are likely to be interactions with
  other employees. You want to protect the Company
  information.

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Key points of CONTRACTOR AGREEMENT

• The nature of the services to be performed.
• Insurance of the contractor.
• Joining and termination clauses.
• Contractor Payment and expenses.
• Confidentiality of Company and Client data.

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Elements need to be considered..

• Legal and tax obligation.
• Scope of work.
• Payment.
• Delivery schedule.
• Intellectual property.

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Agreement between two parties is very importance
,it need to be prepare precuationally.
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