In Employees And Independent Contractors, Part I: Using Contractors To Avoid Liability, learned we learned how your business can use independent contractors to shield itself from liability. Once you have consulted and determined with your lawyer how to structure your relationship with your independent contractor, you should work with your lawyer to design an independent contract contract that is tailored to your situation. This contract is entered into as of the date of `20-,-,-, [company name]” and [service provider name] (“contractor”). 1. Independent contractors. Subject to the terms of this agreement, the company assigns the contractor, as an independent contractor, to perform the services indicated and the contractor accepts this obligation. 2. Obligations, duration and compensation. The obligations, duration of the commitment, compensation and provisions for payment are determined in the estimate that was previously made available to the company by the supplier and which is attached to Schedule A, which may be amended from time to time in writing or supplemented by post-written estimates of the benefits provided by the contractor and accepted by the company and which are taken together by reference. 3.
Fees. During the duration of the agreement, the contractor must charge and reimburse the company for all reasonable and approved costs associated with the performance of the obligations. Notwithstanding the above, the cost of the time spent on travel to and from business establishments is non-refundable. 4. Written reports. The company may require that project plans, progress reports and a final report be submitted monthly by the contractor. A final report is due to the completion of the project and will be presented to the company in a confidential written report at that time. The results report must be available in this form and contain information and data that are reasonably requested by the company. 5. Inventions.
All inventions, discoveries, developments and innovations designed by the contractor during this commitment in relation to the obligations under this agreement are the exclusive property of the company; and the holder cedes all rights, securities and shares of that right to the company. All inventions, discoveries, developments and innovations designed by the contractor prior to the duration of this contract and used by [him or her] in the performance of tasks at the company are hereafter authorized to be used in its operation and for an infinite period of time. This license is not exclusive and can be transferred to a 100% subsidiary of the company without the company`s prior written permission. 6. Confidentiality. The contractor acknowledges that, during the engagement, it has access to various trade secrets, inventions, innovations, processes, information, registrations and specifications owned or licensed by the company in connection with the operation of its activities, including, but not only, the business and product processes, methods, customer lists, accounts and procedures of the company. The contractor accepts that none of these contracts are disclosed or used in any way, directly or indirectly, either for the duration of this agreement, or at any time after, unless necessary in the context of this cooperation with the company.