INDEPENDENT CONTRACTOR AGREEMENT from FRANKLIN COVEY CO filed with the Securities and Exchange Commission. There are a few key components to setting up W2 workers: EIN (employer identification number).The Contractor will be required to accept full responsibility for payment of all taxes and insurance premiums including, but not limited to; Unemployment. Notwithstanding the foregoing, for so long as Employee has a valid independent contractor agreement with FranklinCovey,. The CONTRACTOR shall perform the work specified in this Contract according to standard industry practice. d. It is vital that you understand the distinction between independent contractors and employees. This affects you and your business. 01. Both parties agree that for the purpose of this Agreement, CONTRACTOR shall be an Independent Contractor and not an employee of CITY. 4.03.02. Independent Contractor. Learn how to determine whether a person providing a service to you is an employee or an independent contractor.