INDEPENDENT CONSULTANT AGREEMENT
AGREEMENT (“Agreement”) made and entered into this ______ day of __________, 200__ (“Effective Date”), by and between ___________________________ (“Company”), having its principal place of business at_______________________________________ and
_______________________________________ (“Consultant”) having his principal address at
_______________________________________ (collectively the “Parties”). NOW THEREFORE, in consideration of the premises and mutual covenants contained herein, and other good and valuable consideration the sufficiency of which is hereby acknowledged,
Company and Consultant covenant and agree as follows:
1. Services & Payment. Consultant shall perform consulting services for Company (the “Services”) as more specifically set forth in Appendix A of this Agreement, attached hereto and made part hereof by this reference. Consultant shall submit monthly invoices to the Company which describe the work performed and the time expended. Company shall pay Consultant at the rate of _____(write out)___________________________Rs. (INR) per __(mo/day/yr)__. Company shall reimburse Consultant for all reasonable and substantiated expenses as required to perform the Services. Company shall pay Consultant within ten (10) days of receipt of Consultant’s monthly invoice.
2. Term and Termination. This Agreement shall commence on the Effective Date and shall continue in effect until the Service are completed unless sooner terminated as provided for herein. This Agreement may be renewed upon mutual written consent of the
parties not less than thirty (30) days prior to the expiration of the Term. Either party may terminate this Agreement or any renewal thereof, with or without cause, upon notice to the other party.
3. Relationship of the Parties. Notwithstanding any provision hereof, for all purposes of this Agreement each party shall be and act as an independent contractor and not as partner, joint venturer, or agent of the other and shall not bind nor attempt to bind the other to any contract. Consultant is an independent contractor and is solely responsible for all taxes, withholding’s, and other statutory or contractual obligations of any sort, including, but not limited to, Workers’ Compensation Insurance.
4. Location of Services. The Consultant shall supervise the performance of the Services and shall be entitled to control the manner and means by which the Services are performed,
subject to the terms of this Agreement and any specifications, schedules or plans approved by Company.
5. Materials. Consultant shall provide any materials, including but not limited to personal computers, telecommunications equipment, etc. as shall be required to perform the Services. Any equipment or materials furnished by Company shall remain the sole property of Company. Any equipment or materials furnished by the Consultant and consumed in the course of performance of the Services shall be reimbursed to the Consultant as a reasonable and substantiated expense…..
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