A Contract Period is any number of days, as outlined in the contract, that the contract will run for. This is also known as Contract Time and is the length of time between the start date and specific end date.
In the case of a fixed-term contract, however, the expiration date is determined based on the length of the agreement. For example, if a 12-month agreement starts on October 16, 2023, its expiry date will be October 16, 2024.
Contract expiration is the point in time when a contractual agreement ends. This can happen when the agreed-upon period is over or all conditions are met. Once a contract expires, no more obligations are required unless stated otherwise.
There is no Federal Law that limits the length of the contract term. Any limit would be imposed by state or perhaps local law. Most jurisdictions do not have any such laws, and in fact I don't know of any jurisdiction where there is a statutory limit on the length of the term for a contract.
The duration of a contract is determined by all of the contract parties, like all other contract terms. Usually, one contract party will draft a contract and propose a specific contract duration.
If you need your independent contractor to work specific hours, it's time to consider making them an employee. One of the hallmarks of an independent contractor is that they can work at any time they choose and often have multiple clients/employers.
Include both the hours and the minutes (not the seconds). When writing times, prefer using a colon over a point between hours and minutes. Do not add hrs or o'clock: h. Use a.m.
A contractor agreement should describe the scope of work, contract terms, contract duration, and the confidentiality agreement. It should also include a section for the two parties to sign and make the agreement official. If the contract doesn't meet these requirements, it may be inadmissible in a court of law.