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An independent contractor agreement is a legal document between a contractor that performs a service for a client in exchange for payment. An Independent Contractor Agreement is a legal contract that outlines the scope, payment schedule, and deadlines for freelance work.An independent contractor agreement is a contract between a non-employee worker and an employer for work on an outsourced job or project. An independent contractor agreement should describe the ownership rights of intellectual property created during the relationship. An independent contractor agreement is a contract between a freelancer and a company or client outlining the specifics of their work together. During the period of such employment the CONTRACTOR will devote full time attention and energies to the business and to the affairs of the COMPANY. What should be included in an independent contractor agreement? An Independent Contractor Agreement is a contract between a company and an independent contractor to hire the contractor without them becoming an employee. What Is an Independent Contractor Agreement? The Exchange shall notify the Contractor in writing, specifying the effective date of the termination and the extent to which the.