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THIS SERVICE AGREEMENT (CONTRACTOR) (the "Agreement") is dated this ________ day of ________________, ________.
IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the Client and the Contractor (individually the "Party" and collectively the "Parties" to this Agreement) agree as follows:
or to such other address as either Party may from time to time notify the other.
IN WITNESS WHEREOF the Parties have duly affixed their signatures under hand and seal on this ________ day of ________________, ________.
Last Updated December 31, 2024
An Independent Contractor Agreement is a written contract between a professional service provider and a client that describes details such as:
An Independent Contractor Agreement is also called a:
You can use LawDepot's Independent Contractor Agreement if you are a contractor, subcontractor, or client who wants to document the terms of a service.
An independent contractor (sometimes known as a freelancer or consultant) is a business, corporation, or self-employed individual that provides services as required by a client in exchange for payment.
A subcontractor is an independent contractor hired by another independent contractor to help complete a project, often to perform a discrete or specialized task.
A client hires and pays for the services provided by the contractor.
An employee and an independent contractor are both paid for their service, but there are fundamental differences between the two. The following section highlights how employees and contractors are treated differently when it comes to taxes and superannuation, rights, responsibilities, payment terms, and the duration of employment:
There are many differentiating factors between an employee and an independent contractor, especially regarding workplace rights and entitlements. If you are establishing a work relationship with an employee, not a contractor, you can use LawDepot's Employment Contract instead.
A contractor may include specific details regarding payment terms in their written agreement, such as a flat fee, hourly rate, retainer fee, or late payment charge.
A flat fee is when a payment is made in full and at a certain time. Contractors may choose to charge a flat fee when:
An hourly rate is when a payment is earned as the work is being completed and is paid periodically. Contractors may choose to charge an hourly rate when:
A predetermined retainer fee is a payment made upfront, upon signing the contract, to guarantee the contractor's commitment to the project (often set within 10 to 50% of the total contract amount).
Late payment charges are additional charges that occur when payments are overdue, often set within 2 to 10% per month on the owed amount.
Sample
Independent Contractor Agreement
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