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Independent Contractor Termination
"Need an Independent Contractor Termination agreement to end a software development contractor's engagement by March 1, 2025, including specific provisions for code handover and a one-month transition period for knowledge transfer."
1. Date and Parties: Identification of contractor and company
2. Reference to Original Agreement: Details of the original contractor agreement being terminated
3. Termination Statement: Clear statement of termination and effective date
4. Final Payment Terms: Details of final payments, including outstanding invoices
5. Return of Property: Requirements for returning company property
6. Surviving Obligations: List of obligations that continue post-termination including confidentiality and intellectual property rights
1. Transition Period: Used when handover period is required for complex projects requiring knowledge transfer
2. Mutual Release: Release of claims between parties when a clean break is desired with no future claims
3. Reference Provision: Terms for providing references when agreed between parties
1. Schedule of Outstanding Work: List of work to be completed before termination
2. Schedule of Company Property: Inventory of items to be returned
3. Final Payment Schedule: Detailed breakdown of final payments and payment timeline
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