Agreement between the Company and an independent Contractor in respect of certain services to be provided by the Contractor to the Company. This is drafted in favour of the Company.
This is a contracting/services agreement which pertains to the conduct of the company (party 1) and the contractor (party 2). Name and registered addresses of the parties are required to be filled in the document as a matter of verification of identity. The document outlines the services to be performed, the terms of the agreement, relevant fees and expenses, compliance with all applicable laws and ordinances, the parties' responsibilities, indemnity, confidentiality and forbidding the assignment of rights and obligations.
Each Party hereto agrees that it shall comply with all applicable laws, ordinances, codes and regulations in the performance of its obligations or receipt of Services under this Agreement. If at any time during the term of this Agreement, either the Contractor or the Company is informed or information comes to its attention that it is or may be in violation of any law, ordinance or code (or if it is so determined by any court, tribunal or other authority), that Party shall immediately take all appropriate steps to remedy such violation and comply with such law, regulation, ordinance or code in all respects. Further, each Party hereto shall establish and maintain all proper records (particularly, but without limitation, accounting records) required by any law, code of practice or corporate policy applicable to it from time to time.
The Contractor shall report to the Company if there is any material change in the Services or any material problems, incidents, accidents or disruption which has a material impact on the Services.
The Contractor shall obtain and maintain the licences, permits, consents and approvals necessary for it to provide the Services under this Agreement.
Parties are also required to choose a certain jurisdiction where the governing law of that jurisdiction would be the governing law of this agreement. This is to, in case of any disputes in the future, resolve the disputes in an ordered manner.
This document should be carefully read by the contracting parties.
Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
The contractual price, the contracted service, the term of provision and other related details should all be clearly stated in the agreement.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
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Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.
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