Use our free payment plan agreement form to spell out all the terms and conditions of a loan if you need to establish a payment schedule with someone. Hereinafter known as the "Services.Download a Virginia independent contractor agreement here so you can explain the terms and expectations for a contractor's services. Payments and Completion: Payments to the contractor may be withheld because of: (1) defective work not remedied;. Use our Independent Contractor Agreement to create a contract between a company and a contractor (or freelancer). Payment – Payment terms are essential to forming a complete agreement. The contract should specify the payment amount, schedule, and any contingencies (e.g. The Contractor agrees that Contractor will comply with the requirements of Section 2.2-.