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FORM603.DOC
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1987-09-24
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INDEPENDENT CONTRACTOR
AGREEMENT
AGREEMENT, dated ___________,19__ between
_________________________(hereinafter "the Corporation") and
_________________________(hereinafter "the Independent
Contractor").
Now, therefore, the parties hereto agree as follows:
1. EMPLOYMENT. The Corporation shall employ the
Independent Contractor, and the Independent Contractor shall
serve the Corporation upon the terms and conditions hereinafter
set forth.
2. TERM AND EXTENSION. The employment of the
Independent Contractor hereunder shall commence on
______________, 19__ and shall continue to and including
_________________________. Subject to this Agreement continuing
in full force and effect to and including
__________________________________, the Independent Contractor
shall have the right and option to continue this Agreement
hereunder for an additional period commencing
____________,19___ and ending_________,19__ by giving the
Corporation written notice not later than___________,19__ of his
intentions to do so, and upon his exercising such option, all of
the terms and conditions of this Agreement applicable thereto
shall continue in full force and effect for such additional
period.
3. DUTIES. During the period or periods of his
employment hereunder, the Independent Contractor shall serve the
Corporation and shall perform any and all general _________
services for residential property required or requested in
connection with their business. Within the limitations
hereinabove provided, the Independent Contractor will render such
other advisory services in connection with the ________ services
of the Corporation as may be requested from time to time by the
officers or directors of the Corporation, without further
compensation other than that for which provision is made in this
Agreement.
4. TIME REQUIREMENTS. The Independent Contractor shall
devote during the period ending ____________,19__ not more than
______% of his entire time, energy, and skill to the duties of
his employment hereunder and shall periodically, or at any time
upon the request of the Corporation, submit data as to the time
performed.
5. COMPENSATION. The Corporation shall pay to the
Independent Contractor for his services sums in the aggregate
amounting to $_______ or ______% per ____________ project, during
the period of his employment hereunder. Such aggregate sums
shall be paid upon satisfactory completion of any
______________________ project and from the proceeds received
from the client for whom ___________________ services are
rendered.
6. INDEMNIFICATION AND HOLD HARMLESS PROVISION. The
Independent Contractor agrees hereby to indemnify and hold
harmless the Corporation from any and all claims by the
Independent Contractor which may arise out of and in the course
of the performance of his duties hereunder. Any and all claims
for unemployment benefits and or claims for workers' compensation
benefits are hereby expressly waived by the within Independent
Contractor who agrees to maintain separate policies of
liability, health, and accident insurance as may be necessary or
required by the Corporation in connection with the performance of
its duties herein.
7. RELATIONSHIP BETWEEN PARTIES. The Independent
Contractor is employed by the Corporation only for the purposes
and to the extent set forth in this Agreement, and his relation
to the Corporation shall, during the period or periods of his
employment and services hereunder, be that of an independent
contractor. The Independent Contractor shall be free to dispose
of such portion of his entire time, energy, and skill during
regular business hours as he is not obligated to devote hereunder
to the Corporation in such manner as he sees fit and to such
persons, firms, or corporations as he deems advisable. The
Independent Contractor shall not be considered as having an
employee status or as being entitled to participate in any plans,
arrangements, or distributions by the Corporation pertaining to
or in connection with any insurance, pension, stock, bonus,
profit-sharing, or similar benefits for their regular employees.
8. PROFESSIONAL RESPONSIBILITY. Nothing in this
Agreement shall be construed to interfere with or otherwise
affect the rendering of services by the Independent Contractor in
accordance with his independent and professional judgment. The
Independent Contractor shall perform his services in a good and
workmanlike manner and in accordance with generally accepted
________________ practices.
9. ENTIRE AGREEMENT. The within Agreement shall be
construed in accordance with _______________________(State) law
and shall constitute the entire Agreement between the parties.
In witness whereof, _____________________________ has
caused this Agreement to be executed in its corporate name by its
corporate officers, and _______________________________, the
Independent Contractor hereunder, has set his hand and seal, as
of this day and year first above written.
__________________________Seal
Attest:
_____________________________
By:
_____________________________
Form 603