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INDEPENDENT CONTRACTOR AGREEMENT This Agreement made and entered into this day of, 20, by and between N A Nationwide Mortgage, herein referred to as Broker and herein referred to as Loan Consultant.
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Independent contractor agreement is a legal document between a business or person that is hiring or contracting the services of another business or person. It outlines the terms and conditions of the work to be performed, including the scope of work, payment terms, and responsibilities of both parties.
Both the hiring party and the contractor are required to sign and file the independent contractor agreement. It is important for both parties to have a clear understanding of the terms and conditions of the agreement to ensure legal compliance.
To fill out an independent contractor agreement, you will typically need to include the names and contact information of both parties, a detailed description of the work to be performed, payment terms, duration of the agreement, confidentiality or non-disclosure provisions, and any other relevant terms and conditions. It is recommended to seek legal advice or use a template agreement to ensure all necessary information is included.
The purpose of an independent contractor agreement is to establish a legally binding relationship between the hiring party and the contractor. It defines the rights and obligations of both parties and helps protect their interests. The agreement also helps determine the status of the contractor as an independent contractor rather than an employee for tax and legal purposes.
The independent contractor agreement should include information such as the names and contact information of both parties, a clear description of the work to be performed, payment terms, duration of the agreement, intellectual property rights, confidentiality provisions, and any other relevant provisions or requirements specific to the nature of the work.
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