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Independent Contractor Contract
"I need an Independent Contractor Contract for hiring a software developer in Singapore who will work remotely for our fintech startup, starting January 2025, with specific IP provisions for the code they develop and strict confidentiality requirements."
1. Parties: Identifies the contracting parties with full legal names and addresses
2. Background: Explains context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Services: Detailed description of services to be provided
5. Term: Duration of the agreement including start and end dates
6. Compensation: Payment terms, rates, and invoicing procedures
7. Independent Contractor Status: Explicit confirmation of independent contractor relationship
8. Intellectual Property: Ownership and rights to work product
9. Confidentiality: Protection of confidential information
10. Termination: Conditions for ending the agreement
1. Non-Compete: Restrictions on competing activities (use when protecting business interests from competition)
2. Insurance: Required insurance coverage (use when services involve significant risks or client requirements)
3. Equipment and Resources: Provision of tools and materials (use when specific equipment or resources are required)
4. Subcontracting: Rights and restrictions on subcontracting (use when contractor might need to engage others)
1. Schedule A - Scope of Services: Detailed description of deliverables and specifications
2. Schedule B - Fee Schedule: Detailed breakdown of fees and payment terms
3. Schedule C - Service Levels: Performance metrics and standards
4. Schedule D - Approved Subcontractors: List of pre-approved subcontractors if applicable
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