Contractor Agreement (Company)
A Contractor Agreement (Company) allows you to engage a contractor that is a company.
4.6 (101 reviews)
Last updated December 20, 2024
Under 10 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
This Contractor Agreement (Company) allows you to hire a company as a contractor. It includes protection for intellectual property, confidentiality, non-solicitation, warranties, indemnities and insurance. Contractors are a great avenue for business' that want to tap into specialised, hard-to-find talent that might not otherwise be available or affordable.
Use this Contractor Agreement (Company) if:
- You are engaging the services of someone as a Contractor instead of an employee of the company;
- You want to ensure that the company owns any intellectual property that is developed by the independent contractor for the company; and
- You are looking to eliminate any confusion about each party’s rights and obligations.
The Legal Risk Score of a Contractor Agreement (Company) Template
Our legal team have marked this document as low risk considering:
- The document allows the Contractor to use the Company's facilities and property at their own risk, potentially exposing the Contractor to liability for any damages that occur during use, unless caused by the Company’s actions.
- The Contractor is responsible for the complete financial and legal burden of their employees, including salaries, benefits, and compliance with employment laws, which could be financially and administratively challenging.
- The Contractor must ensure all created intellectual property during the service period is disclosed and automatically becomes the Company’s property, limiting the Contractor's rights to any innovations or developments they might create.
Contractor Agreement (Company) Checklist
Complete your free Contractor Agreement (Company) with our checklist
Secure Signatures
Ensure that both parties sign the agreement, as it is only effective upon being signed by authorized representatives of both the Company and the Contractor.
Distribution of Copies
Distribute copies of the signed agreement to all relevant parties to ensure each has access to the finalized terms and conditions.
Monitor Compliance
Regularly review the performance and compliance with the agreement terms, especially focusing on the provision of services, use of company property, and adherence to confidentiality and intellectual property clauses.
Schedule Reviews
Set periodic review dates to discuss any necessary updates or adjustments to the agreement, ensuring it remains relevant and effective in meeting both parties' evolving business needs.
What does the Contractor Agreement (Company) cover?
- The nature of the services to be performed;
- Insurance;
- Termination;
- Payment and expenses;
- Non-solicitation;
- Confidentiality;
- Intellectual property; and
- Relevant warranties and indemnities.
Other names for Contractor Agreement (Company) include:
- Independent Contractor Agreement;
- Contractor's Contract; and
- Services Agreement.
Use this Contractor Agreement (Company) if:
- You are engaging the services of someone as a Contractor instead of an employee of the company;
- You want to ensure that the company owns any intellectual property that is developed by the independent contractor for the company; and
- You are looking to eliminate any confusion about each party’s rights and obligations.
What does the Contractor Agreement (Company) cover?
- The nature of the services to be performed;
- Insurance;
- Termination;
- Payment and expenses;
- Non-solicitation;
- Confidentiality;
- Intellectual property; and
- Relevant warranties and indemnities.
Other names for Contractor Agreement (Company) include:
- Independent Contractor Agreement;
- Contractor's Contract; and
- Services Agreement.
Other documents you may need:
Further Information
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