New Hampshire Release Agreement between Employer and Employee At Will with Consultant's Agreement for Employee to Continue Providing Services to Employer as Independent Contractor A New Hampshire Release Agreement between an employer and an employee who is working at will with a consultant's agreement for the employee to continue providing their services to the employer as an independent contractor is a legally binding document that outlines the terms and conditions agreed upon by both parties. This agreement is designed to protect the interests of both the employer and the employee, ensuring a smooth transition from an employee-employer relationship to an independent contractor-client relationship. It is important to note that there may be variations of this agreement, each catering to specific circumstances. Key elements of this agreement may include: 1. Parties involved: Clearly identify the employer and the employee, along with their contact information and any relevant company details. 2. Effective date: Specify the date when this agreement becomes effective. 3. Termination of employment: Clearly state the end date of the employment relationship and the employee's transition to an independent contractor. 4. Continuation of services: Outline the services that the independent contractor will provide to the employer, ensuring clarity on deliverables, timeline, and any specific responsibilities. 5. Compensation: Clarify the payment terms for the independent contractor's services, including rates, frequency of payment, and any additional expenses or reimbursements. 6. Release of claims: Establish that both parties release each other from any known or unknown claims, demands, or grievances arising from their previous employment relationship. This includes protection against disputes, liabilities, or legal actions related to the termination of employment. 7. Confidentiality and non-disclosure: Include provisions that safeguard any confidential information shared between the parties, ensuring its protection even after the termination of the employment relationship. 8. Independent contractor status: Emphasize that the employee, now transitioning to an independent contractor, is responsible for their own taxes, insurance, and other expenses typically associated with self-employment. This clarifies that the employee is not entitled to benefits or protections provided to regular employees. 9. Governing law and jurisdiction: Specify that the document will be governed by the laws of the state of New Hampshire and any disputes will be handled within the state's jurisdiction. It is important to note that this description provides a general overview of a New Hampshire Release Agreement between an employer and an at-will employee with a consultant's agreement. Depending on the specific circumstances, there may be variations or additional clauses that should be considered, such as non-compete agreements, severance payments, or intellectual property rights. Consulting with a legal professional is advisable to ensure compliance with applicable laws and regulations.