Termination Of Independent Contractor Agreement Template

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Termination Of Independent Contractor Agreement Template

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Termination Of Independent Contractor Agreement Template (1)
Between:
[Name of the Contractor]
[Contractor’s ID]
[Contractor’s Address]
[Contractor’s Phone]
[Contractor’s Email]
And:
[Name of the Client]
[Client’s ID]
[Client’s Address]
Introduction:
This document serves to formalize the termination of the Independent Contractor Agreement signed on [Original Contract Date], regarding the provision of services as specified therein.
Clause 1: Parties Involved
This termination agreement is made between the Contractor and the Client, both of whom have exercised their rights to terminate the agreement as per the terms outlined.
Clause 2: Reason for Termination
The reason for termination is as follows: [Specify reasons for termination, e.g., mutual agreement, breach of contract, non-performance, etc.].
Clause 3: Termination Date
The effective date of termination is [Effective Termination Date].
Clause 4: Final Compensation
The Client agrees to pay the Contractor the total amount of [Amount] for all services rendered up to the termination date, payable on [Specify payment terms].
Clause 5: Return of Property
The Contractor agrees to return all property, materials, and sensitive information belonging to the Client by [Return Date].
Clause 6: Release from Obligations
Upon payment, both parties release each other from any further obligations, liabilities, or claims arising out of the original Independent Contractor Agreement.
Clause 7: Governing Law
This termination agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Contractor]
[Name of the Contractor]
[Signature of the Client]
[Name of the Client]
Termination Of Independent Contractor Agreement Template (2)
Between:
[Name of the Contractor]
[Contractor’s ID]
[Contractor’s Address]
[Contractor’s Phone]
[Contractor’s Email]
And:
[Name of the Client]
[Client’s ID]
[Client’s Address]
Introduction:
This document outlines the mutual decision to terminate the Independent Contractor Agreement effective as of [Effective Termination Date].
Clause 1: Parties’ Agreement
This termination agreement is entered into by both the Contractor and the Client, acknowledging the termination of prior contractual obligations.
Clause 2: Termination Conditions
The parties agree to terminate the contract under the following conditions: [Specify any additional conditions or reasons for termination].
Clause 3: Settlement of Accounts
All outstanding payments due to the Contractor will be settled in a timely manner, amounting to [Amount] paid by [Payment Date].
Clause 4: Confidentiality Obligations
Both parties agree to adhere to the confidentiality obligations as specified in the original agreement even after termination.
Clause 5: Liability Waiver
Both parties waive any future claims against each other, except as expressly stated in this termination agreement.
Clause 6: Signatures
The parties affirm that they are authorized to enter into this agreement and that the terms herein are binding.
Signed in [City], [Date].
Sincerely,
[Signature of the Contractor]
[Name of the Contractor]
[Signature of the Client]
[Name of the Client]

Form

Please complete the form below to create the Termination of Independent Contractor Agreement Template. All fields must be filled out to ensure a clear and complete understanding of the termination terms. We provide examples to guide you through each step.

Termination of Independent Contractor Agreement Template

1. Contractor Information


2. Company Information


3. Agreement Details

4. Reason for Termination

5. Notice Period

6. Final Compensation

7. Return of Property

8. Confidentiality and Non-Disclosure

9. Signature and Agreement

10. Declaration and Signatures




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Termination Of Independent Contractor Agreement Template

Printable | Editable Form




Termination Of Independent Contractor Agreement Template