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This Generic Contractor Agreement is designed for use in Hong Kong business relationships where companies engage independent contractors for specific services or projects. The agreement provides a legally robust framework under Hong Kong law for managing contractor relationships while clearly distinguishing them from employment arrangements. It addresses key aspects such as service scope, compensation, intellectual property rights, confidentiality, and data protection, incorporating relevant requirements from Hong Kong's Contracts Ordinance, Personal Data (Privacy) Ordinance, and other applicable laws. This document is particularly valuable for businesses seeking to formalize contractor relationships while maintaining compliance with local regulations and protecting both parties' interests.

1. Parties: Identifies and provides full details of the contracting parties - the company and the contractor

2. Background: Sets out the context of the agreement and confirms the intention to engage the contractor as an independent service provider

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Scope of Services: Detailed description of the services to be provided by the contractor

5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated by either party

6. Fees and Payment Terms: Compensation details, payment schedule, and expense reimbursement policies

7. Independent Contractor Status: Explicit confirmation of the contractor's independent status and not an employee

8. Contractor's Obligations: Key responsibilities, performance standards, and compliance requirements

9. Company's Obligations: Company's responsibilities in supporting the contractor's service delivery

10. Intellectual Property Rights: Ownership and rights regarding work products and pre-existing IP

11. Confidentiality: Protection of confidential information and trade secrets

12. Data Protection: Compliance with Hong Kong's Personal Data (Privacy) Ordinance and data handling requirements

13. Liability and Indemnification: Allocation of risks and responsibilities for damages or losses

14. General Provisions: Standard contractual terms including governing law, notices, and entire agreement