Legal Documents

Contractor Agreement

A contractor agreement is used when your company engages the services of an independent contractor. It sets out detailed provisions on various aspects of the contract, including project details, payment, hours, intellectual property and confidential information.

When should I use it?

  • Anytime your company engages the services of an independent contractor, you should have a contractor agreement.

  • It should be signed by your new contractor before they start any work.

Why is it important?

  • Instead of a verbal agreement, it provides the contract details in written form.

  • Both parties can make reference to it if disputes arise.

  • It can ensure that intellectual property and confidential information are protected.

Tips

  • Employee or contractor? The differences between employees and contractors can be subtle. Ensure you have characterized the contractor correctly.

  • Start early: Discuss job and payment details with your potential contractor prior to creating the agreement.

  • Be Specific: Provide detail when describing the contractor's work.

Legal Agreements for Growing Businesses

Legal agreements that are customized for your business. Includes e-Signatures and storage in your Founded account.

Founded Technologies Inc. is not a law firm and does not provide legal advice or legal services. We provide self-help services at your specific direction.

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