Use this template to prepare a month-to-month Independent Contractor Agreement between a developer of certain technology and a party wishing to fund the developments and bring them to the marketplace. Provisions of the contract include:

• 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 generic legal document in MS Word format, and is not specific to any country or region.