As a freelance writer or service provider, it`s essential to have a fee agreement in place before starting work on a project. A fee agreement outlines the terms and conditions of the services, the payment schedule, and expectations for both parties involved. In this article, we`ll go over a sample fee agreement to give you an idea of what one looks like.
Introduction
This agreement is entered into between (company name), referred to as the “Client,” and (freelancer name), referred to as the “Service Provider,” on the effective date of (date).
Scope of Services
The Service Provider agrees to perform the following services for the Client: (brief description of services).
Fees and Payment
The Client shall pay the Service Provider for services rendered according to the following fee schedule:
(Pricing details, including hourly rate, project rate, or other payment structure)
Deposit: (amount of deposit if applicable)
Milestone payments: (if applicable)
Final payment: (due date and payment method)
Termination
Either party may terminate this agreement upon written notice to the other party.
Intellectual Property
The Client retains ownership of any intellectual property created under this agreement, and the Service Provider agrees not to disclose, sell, or reproduce any work for any other party.
Confidentiality
The Service Provider agrees to keep confidential any information related to the Client`s business operations.
Indemnification
The Client agrees to indemnify and hold harmless the Service Provider from any claims, damages, or liabilities arising from the services provided.
Governing Law
This agreement shall be governed by and construed in accordance with the laws of (state or country).
Entire Agreement
This agreement constitutes the entire agreement between the Client and the Service Provider and supersedes any prior understandings or agreements, whether oral or written.
Conclusion
A fee agreement is a critical document that protects both the client and the service provider and ensures that the project runs smoothly. It`s essential to have a fee agreement in place before starting work on any project to avoid misunderstandings and ensure that everyone is on the same page. Remember to consult with a lawyer if you have any questions or concerns.