Common use of INDEPENDENT CONTRACTOR CAPACITY Clause in Contracts

INDEPENDENT CONTRACTOR CAPACITY. Both Parties expressly agree that the present Agreement is exclusively a contract for services. Therefore, the Contractor is acting as an independent contractor and not as an employee; neither it creates a partnership of joint venture between them. The Client is not required to pay any form of employee benefit for the Contractor during the Term. The Contractor is responsible for paying, and complying with reporting requirements for, all local, state and federal taxes related to payments made to the Contractor under this Agreement.