A contractors agreement is an agreement between a company (usually referred to as the “principal”) and a service entity (usually referred to as the “contractor”). The contractor agrees to provide a service to the principal for a fee. The contractor may agree to provide a one-off service for a set fee or continuing services to the principal for a pre-determined length of time for a fee.
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You will need the following information to generate your document:
- Name of the principal and contractor
- Address of the principal and contractor
- Email of the principal and contractor
- Start and end date of the contracting period
- Contract fees
- the terms of the contractor relationship;
- the rights, responsibilities and obligations of the contractor and principal; and
- business processes such as payment, fees and invoicing.
The LVDox™ Free Contractors Agreement is a very basic contractor’s agreement. If your contractor relationship is more complex, then it’s important that you have a lawyer assist you to draft the following clauses:
- an unpaid invoices collection clause;
- a confidentiality clause;
- the ability for the contractor to be paid on commission;
a subcontracting clause allowing the Principal to restrict the ability of the Contractor to subcontract the services; - a sophisticated dispute resolution clause;
- a sophisticated workplace health and safety clause;
- a non-compete clause;
- a provision to protect your intellectual property and to allow the contractor to use it if required; and
- additional provisions in related to the rights, responsibilities and obligations of the contractor and principal, particularly if an agreement has been reached on particular issues.
