Sample Independent Contractor Agreement Shrm

If you`re looking for a sample independent contractor agreement, the Society for Human Resource Management (SHRM) has a great template you can use. This agreement is perfect for independent contractors who are hired to perform specific tasks or projects for a company.

The agreement covers all of the important details, such as the services to be provided, payment terms, confidentiality, liability, and termination. Here`s a closer look at what`s included in the SHRM sample independent contractor agreement:

Services to be Provided: This section outlines the specific tasks or projects that the contractor will be performing for the company. It`s important to be as detailed as possible here to avoid any confusion or misunderstandings down the road.

Payment Terms: This section explains how the contractor will be paid, including the rate of pay and the frequency of payment. It`s important to specify whether the contractor will be paid by the hour, by the project, or by some other method.

Confidentiality: This section outlines the confidentiality obligations of the contractor. It`s important to include this section to protect any sensitive or proprietary information that the contractor may have access to during the course of their work.

Liability: This section outlines the liability of both parties in the event that something goes wrong. It`s important to be clear about who is responsible for any damages or losses that may occur.

Termination: This section explains how either party can terminate the agreement. It`s important to include this section to provide a clear path for ending the relationship if needed.

Overall, the SHRM sample independent contractor agreement is a great starting point for any company looking to hire an independent contractor. It covers all of the important details and can be customized to fit the needs of your specific situation. Just make sure to review the agreement carefully and consult with a legal professional if you have any questions or concerns.