EXHIBIT 10.7
INDEPENDENT CONTRACTOR AGREEMENT
This Independent Contractor Agreement dated April 5,1997 by and between
DOWNTOWN FORT WORTH, INC., a Texas nonprofit Association hereinafter referred to
as DFWI, and Precis Smart Card Systems located at X.X. Xxx 00000, Xxxxxxxx Xxxx,
XX 00000, hereinafter referred to as "Contractor," agree as follows:
1) Contractor will provide the following service and supervisory
Support:
Coordination, implementation and supervision of Smart card
system for the 0000 XXXX XX. Xxxx Xxxxx Arts Festival.
2) Effective this date, Contractor agrees to provide those services
requested by DFWI in connection with preparations for and the conduct
of the MAIN ST. Fort Worth Arts Festival scheduled for downtown Fort
Worth from the 10th day of April through the 13th day of April, 1997.
3) In the manner services shall be performed on any particular day,
will be entirely within the control of the Contractor. Furthermore, the
methods employed by the Contractor in the rendition of such specialized
services shall be exclusively within the control of the Contractor, and
DFWI's only concern is that the specialized services be rendered in a
reasonable and prudent manner similar to such services as may be
rendered by other persons or parties in Tarrant County, Texas.
4) DFWI will pay Contractor for such specialized services the amount of
$20,000 00 "Fee" for 10,000 functional MAIN ST. Fort Worth Arts
Festival smart cards (equally divided in $10 [18 units], $15 [27
units], $20 [36 units] denominations). In addition, DFWI will pay 50%
of unused balance of aforementioned functional smart cards as affirmed
and verified by both parties, and reasonable travel expenses not to
exceed $1,500.00.
5) DFWI and Contractor agree that this independent Contractor Agreement
shall remain in force for a period commencing April 5, 1997 Until April
14, 1997 or until all related MAIN ST. Fort Worth Arts Festival
responsibilities are completed, whichever is latest.
6) This Independent Contractor Agreement calls for the performance of
the services of Contractor as an independent contractor, and Contractor
will not be considered an employee of DFWI for any purpose.
7) Contractor is solely liable for any federal income and withholding
taxes, unemployment taxes, FICA taxes, and worker's compensation
payments and premiums attributable to Contractor. Contractor shall
indemnify DFWI for any liability resulting from such taxes and sums.
8) Contractor is solely liable for any losses or damages resulting from
Contractor's performance of any services covered by this Agreement.
Contractor shall indemnify DFWI and Xxxxxx Productions, Inc. for any
liability, including cost and expenses and reasonable attorneys' fees,
resulting from Contractor's performance of the services contemplated by
this Independent Contractor Agreement.
9) The Contractor expressly understands and agrees that he is an
independent contractor and he is not an employee of the purchaser and
that the purchaser shall not carry any form of insurance covering the
Contractor, or his employees, such as health or accident insurance,
xxxxxxx'x compensation or general liability insurance.
10) This independent Contractor Agreement may not be assigned by
Contractor without the consent of DFWI.
In Witness whereof, the parties have executed this agreement on the date herein
above set forth.
0
XXXXXXXX XXXX XXXXX, INC.
By /S/XXXXXXX X. XXXXXX
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Xxxxxxx X. Xxxxxx
PRECIS SMART CARD SYSTEMS, INC.
By /S/XXX XXXX
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Xxx Xxxx
Precis Smart Card Systems
X.X. Xxx 00000
Xxxxxxxx, XX 00000
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Federal ID or Social Security
Number
2
