The Foreign Corrupt Practices Act of 1977 resulted from bribery of foreign government officials by Lockheed Aircraft Company. This Act is designed to prevent the bribing of foreign officials in order to obtain foreign government contracts. Payments to foreign officials for “facilitation,†often referred to as grease payments, are not prohibited under FCPA so long as these payments are made only to get officials to do their normal jobs that they might not do, or would do slowly, without some payment. These payments can be made only to secure a permit or license; obtain paper processing; secure police protection; provide phone, water, or power supply; or similar such actions.
The Mississippi International Independent Contractor Agreement is a legally binding contract that establishes the relationship between a company or individual in Mississippi and an independent contractor based outside the United States. This agreement outlines the terms and conditions under which the contractor will provide particular services to the company. The purpose of this agreement is to define important aspects such as the scope of work, payment terms, project timeline, confidentiality obligations, termination clauses, and dispute resolution mechanisms. The contract typically includes the following sections: 1. Parties and Effective Date: This section identifies the contracting parties, including their legal names, addresses, and effective date of the agreement. 2. Recitals: This part provides a brief background on why the agreement is being entered into and the parties' intentions. 3. Definitions: This section clarifies key terms used throughout the agreement to avoid misunderstandings. 4. Scope of Work: This portion outlines the specific services that the contractor will be responsible for providing. It should include details on project milestones, deliverables, and any specifications. 5. Payment Terms: This section specifies the compensation for the services rendered, including the method and frequency of payment, any applicable taxes, and whether expenses will be reimbursed. 6. Term and Termination: This part establishes the duration of the agreement and the circumstances under which either party can terminate it, including notice periods and termination without cause provisions. 7. Confidentiality: Here, the contractor agrees to maintain the confidentiality of any information gained during the engagement and to not disclose it to third parties. 8. Intellectual Property: This section addresses ownership and rights of any intellectual property created as part of the services provided, ensuring it is clearly assigned to the company. 9. Independent Contractor Status: The agreement reiterates that the contractor is an independent entity and not an employee of the company, clarifying the lack of employment benefits and tax responsibilities. 10. Governing Law and Jurisdiction: This part states that the contract will be governed by the laws of the State of Mississippi and any disputes will be resolved in a specific jurisdiction. While the Mississippi International Independent Contractor Agreement is a general term, there may be specific types or variations of such agreements tailored to various industries or purposes. For example, there might be specific contractor agreements for IT services, marketing services, consulting services, or construction services. These specialized agreements may contain additional provisions relevant to the respective industry and the specific nature of the services being provided.
The Mississippi International Independent Contractor Agreement is a legally binding contract that establishes the relationship between a company or individual in Mississippi and an independent contractor based outside the United States. This agreement outlines the terms and conditions under which the contractor will provide particular services to the company. The purpose of this agreement is to define important aspects such as the scope of work, payment terms, project timeline, confidentiality obligations, termination clauses, and dispute resolution mechanisms. The contract typically includes the following sections: 1. Parties and Effective Date: This section identifies the contracting parties, including their legal names, addresses, and effective date of the agreement. 2. Recitals: This part provides a brief background on why the agreement is being entered into and the parties' intentions. 3. Definitions: This section clarifies key terms used throughout the agreement to avoid misunderstandings. 4. Scope of Work: This portion outlines the specific services that the contractor will be responsible for providing. It should include details on project milestones, deliverables, and any specifications. 5. Payment Terms: This section specifies the compensation for the services rendered, including the method and frequency of payment, any applicable taxes, and whether expenses will be reimbursed. 6. Term and Termination: This part establishes the duration of the agreement and the circumstances under which either party can terminate it, including notice periods and termination without cause provisions. 7. Confidentiality: Here, the contractor agrees to maintain the confidentiality of any information gained during the engagement and to not disclose it to third parties. 8. Intellectual Property: This section addresses ownership and rights of any intellectual property created as part of the services provided, ensuring it is clearly assigned to the company. 9. Independent Contractor Status: The agreement reiterates that the contractor is an independent entity and not an employee of the company, clarifying the lack of employment benefits and tax responsibilities. 10. Governing Law and Jurisdiction: This part states that the contract will be governed by the laws of the State of Mississippi and any disputes will be resolved in a specific jurisdiction. While the Mississippi International Independent Contractor Agreement is a general term, there may be specific types or variations of such agreements tailored to various industries or purposes. For example, there might be specific contractor agreements for IT services, marketing services, consulting services, or construction services. These specialized agreements may contain additional provisions relevant to the respective industry and the specific nature of the services being provided.