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Independent Contractor Agreement

IC agreement with scope of work, payment terms, IP assignment, and IRS classification protections

Independent Contractor Agreement
Party 1 (Name / Company)
Party 1 Address
Party 2 (Name / Company)
Party 2 Address
Effective Date
Scope of work
Compensation
Expenses
Independent contractor status
Tax obligations
Intellectual property
Confidentiality
Termination
Non-compete
Insurance
Duration / End Date
Signature
Signature

Protects both parties in a contractor relationship while maintaining IRS compliance.

Key Sections

  • Scope of work with specific deliverables and deadlines
  • Compensation (fixed fee, hourly, milestone-based) and payment schedule
  • Expenses - which are reimbursable and which are contractor’s responsibility
  • Independent contractor status affirmations (no benefits, own tools, own schedule)
  • Tax obligations (1099 issuance, contractor responsible for self-employment tax)
  • Intellectual property assignment upon payment
  • Confidentiality and non-disclosure provisions
  • Termination by either party with notice period
  • Non-compete (limited, if applicable)
  • Insurance requirements (general liability, E&O)
  • Indemnification mutual hold-harmless

IRS 20-factor test compliance language prevents misclassification risk. Work-for-hire designation under copyright law.

Customize scope, rates, and IP terms in PDFb2.

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