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Independent Contractor Agreement Template

For Freelancers and Consultants

INDEPENDENT CONTRACTOR AGREEMENT​

This Independent Contractor Agreement ("Agreement") is entered into as of [DATE] ("Effective Date")

BETWEEN:

SkyMirror Kft.
A company incorporated in Hungary
Registered Address: Kálmán Imre utca 1, 1054 Budapest, Hungary
Registration Number: [NUMBER]
("Company" or "Client")

AND:

[CONTRACTOR NAME / COMPANY NAME]
Address: [ADDRESS]
Tax ID: [TAX ID]
("Contractor")

Each a "Party" and collectively the "Parties"

1. ENGAGEMENT​

1.1 Services​

The Company engages the Contractor to provide the services described in Schedule A ("Services").

1.2 Independent Contractor Status​

The Contractor is an independent contractor, not an employee. The Contractor:

  • (a) Controls the manner and means of performing Services
  • (b) Is responsible for own taxes and insurance
  • (c) May work for other clients
  • (d) Provides own equipment unless otherwise agreed

1.3 No Employment Relationship​

This Agreement does not create an employment relationship. The Contractor is not entitled to employee benefits.

2. TERM​

2.1 Term​

This Agreement commences on [START DATE] and continues until:

  • [END DATE] (fixed term)
  • Completion of Services
  • Terminated by either Party

2.2 Renewal​

  • Automatic renewal for successive [1-month] periods unless terminated
  • No automatic renewal

3. COMPENSATION​

3.1 Fee Structure​

The Contractor shall be compensated as follows:

Option A: Hourly Rate

  • Rate: €[X] per hour
  • Maximum hours: [X] hours per [week/month]
  • Overtime requires prior approval

Option B: Daily Rate

  • Rate: €[X] per day
  • A day consists of [8] working hours

Option C: Fixed Fee

  • Total fee: €[X]
  • Payment schedule: [Per milestone / Monthly / Upon completion]

Option D: Retainer

  • Monthly retainer: €[X]
  • Includes up to [X] hours
  • Additional hours at €[X] per hour

3.2 Expenses​

  • No expenses reimbursed
  • Pre-approved expenses reimbursed at cost
  • Expense cap: €[X] per month

3.3 Invoicing​

The Contractor shall submit invoices:

  • Frequency: [Weekly / Bi-weekly / Monthly]
  • Due date: [X] days after invoice receipt
  • Include: Hours worked, description of work, expenses

3.4 Payment Method​

Payment by bank transfer to:

  • Bank: [BANK NAME]
  • IBAN: [IBAN]
  • BIC/SWIFT: [CODE]

3.5 Taxes​

The Contractor is responsible for all taxes. The Company will not withhold taxes unless required by law.

4. SERVICES AND DELIVERABLES​

4.1 Scope​

The Contractor shall perform the Services described in Schedule A, including:

  • [Service 1]
  • [Service 2]
  • [Service 3]

4.2 Deliverables​

The Contractor shall deliver:

DeliverableDescriptionDue Date
[Name][Description][Date]
[Name][Description][Date]

4.3 Standards​

The Contractor shall:

  • (a) Perform Services professionally and competently
  • (b) Meet agreed deadlines
  • (c) Comply with Company guidelines and standards
  • (d) Communicate progress regularly

4.4 Acceptance​

Deliverables are subject to Company acceptance within [10] business days.

5. WORKING ARRANGEMENTS​

5.1 Location​

Services may be performed:

  • Remotely
  • At Company premises
  • Combination (specify)

5.2 Equipment​

  • Contractor provides own equipment
  • Company provides: [List equipment]

5.3 Company Contact​

Primary contact: [NAME, TITLE, EMAIL]

5.4 Reporting​

The Contractor shall provide:

  • Weekly status updates
  • Time tracking reports
  • Other: [Specify]

6. CONFIDENTIALITY​

6.1 Confidential Information​

"Confidential Information" includes:

  • (a) Business plans and strategies
  • (b) Technical information and source code
  • (c) Customer and financial information
  • (d) Any information marked confidential

6.2 Obligations​

The Contractor shall:

  • (a) Keep Confidential Information strictly confidential
  • (b) Use only for performing Services
  • (c) Not disclose to third parties
  • (d) Return upon termination

6.3 Duration​

Confidentiality obligations survive termination indefinitely.

6.4 Exceptions​

Obligations do not apply to information that:

  • (a) Is publicly available
  • (b) Was known before disclosure
  • (c) Is independently developed
  • (d) Is required by law

7. INTELLECTUAL PROPERTY​

7.1 Work Product Ownership​

All work product created under this Agreement ("Work Product") shall be:

  • Owned by Company: Work Product is "work made for hire" and belongs to Company
  • Licensed to Company: Contractor retains ownership but grants Company exclusive, perpetual license

7.2 Assignment​

If Work Product is not "work made for hire," the Contractor hereby assigns all rights to the Company.

7.3 Pre-Existing IP​

The Contractor retains rights in pre-existing intellectual property. If incorporated into Work Product, Contractor grants Company a perpetual, royalty-free license.

7.4 Third-Party Materials​

The Contractor shall not incorporate third-party materials without Company approval.

7.5 Moral Rights​

The Contractor waives moral rights to the extent permitted by law.

7.6 Cooperation​

The Contractor shall sign documents and take actions necessary to perfect Company's rights.

8. REPRESENTATIONS AND WARRANTIES​

8.1 Contractor Warranties​

The Contractor represents and warrants that:

  • (a) Contractor has the right to enter this Agreement
  • (b) Services will be performed professionally
  • (c) Work Product will be original and not infringe third-party rights
  • (d) Contractor has necessary skills and qualifications
  • (e) Contractor will comply with applicable laws

8.2 Company Warranties​

The Company represents and warrants that:

  • (a) Company has authority to enter this Agreement
  • (b) Company will provide necessary information and access

8.3 Disclaimer​

EXCEPT AS EXPRESSLY STATED, SERVICES ARE PROVIDED "AS IS."

9. INDEMNIFICATION​

9.1 Contractor Indemnification​

The Contractor shall indemnify the Company against claims arising from:

  • (a) Contractor's breach of this Agreement
  • (b) Contractor's negligence or misconduct
  • (c) Infringement of third-party rights
  • (d) Contractor's failure to pay taxes

9.2 Company Indemnification​

The Company shall indemnify the Contractor against claims arising from:

  • (a) Company's breach of this Agreement
  • (b) Company's use of Work Product as permitted

10. LIMITATION OF LIABILITY​

10.1 Exclusion​

NEITHER PARTY SHALL BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES.

10.2 Cap​

EACH PARTY'S TOTAL LIABILITY SHALL NOT EXCEED THE FEES PAID OR PAYABLE UNDER THIS AGREEMENT IN THE 12 MONTHS PRECEDING THE CLAIM.

10.3 Exceptions​

Limitations do not apply to:

  • (a) Breach of confidentiality
  • (b) IP infringement
  • (c) Indemnification obligations
  • (d) Gross negligence or willful misconduct

11. TERMINATION​

11.1 Termination for Convenience​

Either Party may terminate with [14/30] days' written notice.

11.2 Termination for Cause​

Either Party may terminate immediately if:

  • (a) The other Party materially breaches and fails to cure within [14] days
  • (b) The other Party becomes insolvent

11.3 Effect of Termination​

Upon termination:

  • (a) Contractor shall deliver all completed Work Product
  • (b) Company shall pay for Services rendered through termination
  • (c) Contractor shall return Company property and Confidential Information
  • (d) Sections 6, 7, 8, 9, 10, and 12 survive

11.4 Transition​

Upon request, Contractor shall provide reasonable transition assistance for up to [30] days at standard rates.

12. GENERAL PROVISIONS​

12.1 Governing Law​

This Agreement is governed by Hungarian law.

12.2 Dispute Resolution​

Disputes shall be resolved by:

  • (a) Good faith negotiation
  • (b) Mediation
  • (c) Binding arbitration in Budapest

12.3 Entire Agreement​

This Agreement constitutes the entire agreement.

12.4 Amendments​

Amendments must be in writing signed by both Parties.

12.5 Assignment​

Neither Party may assign without consent.

12.6 Severability​

Invalid provisions shall be modified to be enforceable.

12.7 Waiver​

Failure to enforce does not waive rights.

12.8 Notices​

Notices shall be in writing to addresses specified herein.

12.9 Counterparts​

This Agreement may be signed in counterparts.

SIGNATURES​

SKYMIRROR KFT.

Signature: _________________________

Name: _________________________

Title: _________________________

Date: _________________________

CONTRACTOR

Signature: _________________________

Name: _________________________

Title (if applicable): _________________________

Date: _________________________

SCHEDULE A: SERVICES​

Project/Engagement: [NAME]​

Description of Services​

[Detailed description of services to be performed]

Deliverables​

#DeliverableDescriptionDue Date
1[Name][Description][Date]
2[Name][Description][Date]
3[Name][Description][Date]

Timeline​

PhaseActivitiesDuration
[Phase 1][Activities][Duration]
[Phase 2][Activities][Duration]

Requirements​

  • [Requirement 1]
  • [Requirement 2]

Assumptions​

  • [Assumption 1]
  • [Assumption 2]

SCHEDULE B: COMPENSATION​

Fee Structure​

ItemRate/Amount
[Hourly/Daily/Fixed] Rate€[X]
Maximum Hours (if applicable)[X] hours
Expense Budget (if applicable)€[X]

Payment Schedule​

Milestone/PeriodAmountDue Date
[Description]€[X][Date]
[Description]€[X][Date]

Invoice Requirements​

  • Submit to: [EMAIL]
  • Include: [Requirements]
  • Format: [PDF/Other]

SCHEDULE C: COMPANY POLICIES​

The Contractor agrees to comply with the following Company policies:

  • Code of Conduct
  • Information Security Policy
  • Acceptable Use Policy
  • Other: [Specify]

Contractor acknowledges receipt and understanding: _______

Template Version: 1.0
Last Updated: December 2024
Legal Review Required Before Use

Last updated on