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Contractor Agreement

Contractor Agreement

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Published by: hanny6135 on Aug 23, 2012
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BOOKKEEPINGSERVICEAGREEMENT
THISAGREEMENTdatedthis___dayof_____,2012(theEffectiveDate).BETWEEN:
(COMPANY)-AND-(CONTRACTOR)InConsiderationofthemutualpromisessetforthherein,itisagreedbyandbetweenCompanyandContractorthat:
SectionOne:DescriptionofServicesPerformedbyContractor
TheworktobeperformedbyContractoronanas-neededbasisisintheContractor’susuallineofbusiness,andincludes,butisnotlimitedto,thefollowing:1.
 
Contractorwillprovideservicespursuanttocustomer’sneeds,desires,andrequests.TheContractorwillensurethatallworkperformedisinaccordancewithcustomer’sstandardsandpercustomer’srequest.2.
 
Contractoragreestoupholdstandardsofworkandservicesthatcustomer’sdictateandinaccordancewithprofessionalstandards.3.
 
Contractoragreestoprovideservicesinaccordancetodeadlinesandrequestsofcustomers.4.
 
Contractorwillprovideaccounting/bookkeepingservicesforCompanyandguaranteesthatthefollowingtaskswillbecompletedbytheendofeachmonthorrespectivedeadline:·Monthlyreconciliationsofallbusinessbankaccounts,creditcardstatements,merchantstatements,businessloanaccounts·Weekly&bi-weeklypayrollprocessing·ManageHRtasks,includingemployeetimeoffandHRmanuals·Trackprofitsperprojectandprovidebi-weeklyjobcostingreports·On-timefilingofallmonthly,quarterly&annualsalestaxreturns(formultiplestates)·On-timefilingforallestimatedincome&Corporatetax·On-timepaymentsofallinsurancepremiums·Preparationofallbooksforannualtaxreturn.AnnualfinancialstatementsduenolaterthanFebruary15·Handleallaccountspayables&reporting-weeklyonFridays·Handleallaccountsreceivables&reporting-daily·Payallcreditcardbills-monthly·ProvideOwnerwithrequestedbi-weekly,monthly,quarterly&annualreports,includingP&LStatement,BalanceSheet,CostCenterTracking,BudgetTracking,RevenueCenterTracking.·CreateQuarterlyFinancialStatements,dueApril30(Qtr1),July30(Qtr2),Oct30(Qtr3),Jan30(Qtr4)·Proactivelyanalyzeallexpenses,premiumsandservicestoreduce&eliminateCompanycostsonaregularbasis
SectionTwo:Payments
1.Contractorwillclockin&outeachdayusingCompany’stimeclocksystem.2.ContractorwillsummarizetheirbillingbypreparinganinvoicetoCompanyeverymonth3.Contractorwillbillat(hourly/flatrate)of________.4.ContractorwillnotbillCompanyunlessalltheaboveitemsarecompletedeachmonth.
SectionThree:RelationshipoftheParties
ThepartiesintendthatanIndependentContractor-CompanyrelationshipwillbecreatedbythiscontractandthatsaidContractorisnottobeconsideredanemployeeoftheCompanyforanypurpose.Theemployee’softheContractororContractorarenotentitledtoanyofthebenefitsthatCompanyprovidesforCompany’semployees.ItisunderstoodthatCompanydoesnotagreetouseContractorexclusively.ItisfurtherunderstoodthatContractorisfreetocontractforother
 
 Page 2 of 5
companiesorpursueanyotherbusinessinterestswhileundercontactwiththeCompany.TheIndependentContractorherebyacknowledgesthatheorsheisaccountableforIndependentContractor’sownfederal,state,andselfemploymentincometaxesandallliabilityandmedicalinsurancesandwillnotholdCompanyresponsiblefortheseorforanyofthefollowingincludingunemploymentcompensation,worker’scompensation,socialsecuritypaymentsorforanyothertaxesorpenaltiesassociatedwithanyfailureonContractor’sparttofileanydeclarationsorpayanymoniesduetoanytaxorlicensingauthority.TheIndependentContractoracknowledgesthatheorsheistosigntheattachedW-9certificate,acknowledgingtheirindependentcontractorstatus,priortoissuanceofanymonies.TheContractor,asaseparatebusiness,isexpectedtoconformandbesolelyresponsibleforallfederal,state,andlocallicensingandreportingrequirements.Contractoracknowledgesthattheyareresponsiblefortheirowntrainingandinstruction.Therearenorequiredworkschedules,sequences,writtenquotas,orproductionorsalesreports.Contractorisresponsibleforalltoolsandsuppliesnecessarytofulfilltheircontractualresponsibilities.CompanyassumesnoliabilityforpaymentspursuanttotheFederalInsuranceContributionsAct,theSocialSecurityAct,theFederalUnemploymentTaxAct,orincometaxwithholdingatsource,inconnectionwiththeperformanceoftheContractor’sServicesunderthetermsofthisAgreement.(b)TheContractoragreestoholdharmlessandindemnifyCompanyanditsagents,servants,andemployeesfromandagainstallclaimsandcausesofactionforinjuryordeathtopersonsordamagetopropertyarisingoutoforinanywayconnectedwiththisAgreement,andfromandagainstthepaymentofallpenalties,fines,liens,andsumsofmoneyincludingattorney’sfeeswhichCompanybecomesobligatedtopayarisingoutoforinconnectionwiththeContractor’sperformanceorfailuretoperformunderthisAgreement..(c)CompanyshallnotbeliabletotheContractorforanyspecialindirect,incidental,consequentialorpunitivedamages,includingwithoutlimitation,lostorimputedprofits,lostsavings,lossofgoodwillorlegalexpenses,resultingfromanycausewhatsoever,whetherliabilityisassertedincontract,tortorotherwise(includingnegligenceandstrictproductliability),andregardlessoftheformoflegalaction,evenifthepartyhasadvisedorhasbeenadvisedofthepossibilityofanysuchlossordamage.(d)ItisagreedthatanybreachoranticipatedorthreatenedbreachofanyoftheContractor'scovenantscontainedinSections6,7and8willresultinirreparableharmandcontinuingdamagestoCompanyanditsbusinessandthatCompany’remedyatlawforanysuchbreachoranticipatedorthreatenedbreachwillbeinadequateand,accordingly,inadditiontoanyandallotherremediesthatmaybeavailabletoCompanyatlaworinequityinsuchevent,anycourtofcompetentsubjectmatterjurisdictionmayissueadecreeofspecificperformanceorissueatemporaryandpermanentinjunction,withoutthenecessityofCompanypostingbondorfurnishingothersecurityandwithoutprovingspecialdamagesorirreparableinjury,enjoiningandrestrictingthebreach,orthreatenedbreach,ofanysuchcovenant,including,butnotlimitedto,anyinjunctionrestrainingtheContractorfromdisclosing,inwholeorpart,anyconfidentialinformation.TheContractoracknowledgesthetruthfulnessofallfactualstatementsinthisAgreementandagreesthatheisestoppedfromandwillnotmakeanyfactualstatementinanyproceedingthatiscontrarytothisAgreementoranypartthereof.TheContractorfurtheragreestopayallofCompany’costsandexpenses,includingreasonableattorneys'andaccountants'fees,incurredinenforcingsuchcovenants.
SectionFour:Liability
TheworkperformedunderthiscontractwillbeperformedentirelyattheContractor’srisk.WhileCompanyassumesresponsibilityforitsactions;theContractoragreestoacceptcompleteresponsibilityforanyandallliabilityorlossarisinginanywayoutoftheirperformanceoftheirresponsibilitiesunderthiscontract.Theseliabilitiesshallincludebutarenotlimitedtopurchasesoftoolsandsuppliesaswellasotherbusinesscosts.
SectionFive:Duration
Thiscontractdoesnotguaranteehireforanyperiodoftimeandcanbeterminatedwithorwithoutcause.Thefirst30daysofhireisatrialperiod,whereeitherpartycanterminatehireatanytimewithorwithoutcause.Afterthe30daytrialperiod,eitherpartycancancelthiscontractatanytimewithorwithoutcauseon30dayswrittennoticesolongasall:1.Balancesarepaidfortaskscompleted2.Proprietarymaterialsarereturnedtotheirrespectiveowners.3.Existingcontractualagreements/responsibilitiesaresubstantiallyresolved.IfCompanyfeelsthatContractorisnotperformingtheirdutiesasperagreementand/orCompany’sexpectations,Companycancancelthiscontractimmediatelywithoutnotice.Moniesowedwillbepaidforworkperformed.
SectionSix:ProfessionalStandards
 
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Contractorisexpectedatalltimestoshowprofessionalisminthemannerinwhichallaspectsoftheworkperformed.TheContractorisexpectedtoprovidetheseservicesonatimelyconvenientmannerconducivetocustomer’ssatisfaction.TheContractorisexpectedtomaintaintheirfinishedworkproductandappearanceinamanner,whichwillbeinaccordancewithprofessionalstandardsandasagreed.Contractoralsoagreestoperformservicesinaccordancewithprofessionalstandardsandpracticesoftheindustryandallapplicablefederalandstatelaws.Bothpartiesherebyagreethattheaboveinformationisaccurateandtruthful,andthatamutualunderstandinghasbeenreachedregardingtherulesofCompanyandContractor.ThiscontractistobefollowedandinterpretedundertherulesoftheStateofNewYork.Ifanypartofthiscontractisdeclarednullorvoid,theremainingpartswillremaininfullforceandeffect.Contractsshouldthenbesignedandfullyexecutedlistingthename,address,titlesanddatesignedbyallpartiesconcerned.
SectionSeven:Confidentiality
(a)TheContractoracknowledgesthatasamaterialtermofthisAgreementitisrequiredtomaintaintheconfidentialityofallinformationanddocumentationbelongingtoCompanyandtoprotectitsreleasetothepublic.TheContractoragreesnottodivulge,reveal,reportoruse,foranypurpose,anyconfidentialinformationwhichtheContractorhasobtainedorwhichwasdisclosedtotheContractorbyCompany.Infurtheranceofthisobligation,theContractorshallprotectandsafeguardallconfidentialinformationofCompanyinaccordancewithsuchregulationsandproceduresasCompanymayestablishfromtimetotimeand,intheabsenceofspecificregulationsandprocedures,protectandsafeguardconfidentialinformationtothesameextentandinthesamemannerasCompany‘policyrespectingotherCompanyinformation.(b)TheobligationtoprotecttheconfidentialityofCompany’confidentialinformationwillsurvivetheterminationofthisAgreementandwillcontinueindefinitelyfromthedateofterminationofthisAgreement.(c)TheContractormaydiscloseanyofCompany’confidentialinformation:1.toathirdpartywhereCompanyhasconsentedinwritingtosuchdisclosure;and2.totheextentrequiredbylaworbytherequestorrequirementofanyjudicial,legislative,administrativeorothergovernmentalbody.However,theContractorwillfirsthavegivenpromptnoticetoCompanyofanypossibleorprospectiveorder(orproceedingpursuanttowhichanyordermayresult),andCompanywillhavebeenaffordedareasonableopportunitytopreventorlimitanydisclosure.(d)TheContractoragreestoreturnalldocuments,papers,memorandaandothermattersofCompanywhichinanywayrelatetoconfidentialinformationuponterminationofthisAgreement
SectionEight:Non-Solicitation
TheContractoragreesthatanyattemptonthepartoftheContractortoinduceotherstoleaveCompany’semploy,oranyeffortbytheContractortointerferewithCompany’relationshipwithitsemployees,customers,vendorsorotherContractorswouldbeharmfulanddamagingtoCompany.TheContractoragreesthatduringthetermofthisAgreementandforaperiodofthree(3)yearsaftertheendoftheterm,theContractorwillnotinanyway,directlyorindirectly:a.
 
induceorattempttoinduceanyemployeeorotherContractorofCompanytoquitemploymentorretainerwithCompany;b.
 
otherwiseinterferewithordisruptCompany’relationshipwithitsemployees,customers,vendorsorotherContractors;c.
 
discussemploymentopportunitiesorprovideinformationaboutcompetitiveemploymenttoanyofCompany’employeesorotherContractors;ord.
 
solicit,entice,orhireawayanyemployeeorotherContractorofCompany.
SectionNine:Assignment
ThisAgreementisapersonalservicesagreement,beingenteredintobyCompany,inrelianceuponandinconsiderationofthepersonalskillandqualificationsoftheContractor.TheContractorwillnotvoluntarilyorbyoperationoflawassignorotherwisetransfertheobligationsincurredpursuanttothetermsofthisAgreementwithoutthepriorwrittenconsentofCompany.
SectionTen:CompanyificationofAgreement

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