North Dakota Underwriter Agreement - Self-Employed Independent Contractor

State:
Multi-State
Control #:
US-INDC-191
Format:
Word; 
Rich Text
Instant download

Description

Employer hires an underwriter as an independent contractor to provide underwriting services for third parties as specified in the Agreement.
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FAQ

What can a broker require of his independent contractors? They must attend all sales meetings. They must have a signed a written work agreement.

An Independent Contractor Agreement is a written contract that outlines the terms and conditions of the working arrangement between an independent contractor and client, including: A description of the services provided. Terms and length of the project or service.

The independent contractor's responsibilities include completing assigned tasks with minimal supervision. You should also complete and file your tax returns in a timely manner. To ensure success as an independent contractor, you should possess excellent communication, analytical, and problem-solving skills.

The independent contractor provision states that the relationship between the parties is that of an independent contractor, that the agreement does not create an employment relationship, and that under no circumstances is the independent contractor an agent of the company for which they provide services.

In the newly developing gig economy, many people work as independent contractors. They want to control their hours and be their own boss. As an independent contractor, your default business structure is called a sole proprietorship.

Often Independent Contractors are completely unaware that they are not Employees as defined in South African labour legislation and therefore unprotected by labour legislation.

What Should an Independent Contractor Agreement Contain?Terms. This is the first section of any agreement or contract and states the names and locations of the parties involved.Responsibilities & Deliverables.Payment-Related Details.Confidentiality Clause.Contract Termination.Choice of Law.

The main pieces of employment legislation, chief among which are the Labour Relations Act 66 of 1995 (LRA) the Basic Conditions of Employment Act 75 of 1997 (BCEA) and the Employment Equity Act 55 of 1998 (EEA), apply to employees and not independent contractors.

Employees in South Africa are entitled to certain minimum employment benefits, while independent contractors are not. Subject to some exclusions, all employees are entitled to a number of statutory minimum entitlements and basic conditions of employment.

Independent contractors are self-employed workers who provide services for an organisation under a contract for services. Independent contractors are not employees and are typically highly skilled, providing their clients with specialist skills or additional capacity on an as needed basis.

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North Dakota Underwriter Agreement - Self-Employed Independent Contractor