Independent Contractor Agreement for Technology Development

Hire an independent contractor to develop technology with this template Independent Contractor Agreement.

• The Agreement is between the developer and a party who wants to fund the technology and bring it to the marketplace.
• The developer will assign all of its rights in commercially viable products to the investor, in exchange for the funding.
• The developer will be paid a royalty for each viable product.
• The developer will provide the investor with regular reports of all developments.
• This is a month-to-month contract, but can be modified for a specified term.