This agreement is to be used by a producer to hire a casting director. The agreement is designed for the casting director to be considered an independent contractor and not an employee of the production company.
Among others, this agreements includes provisions regarding service, term, compensation, ownership, credits, office and termination.
Independent Contractor Agreement is drawn between an employer and an employee, where the details such as duty of employee, compensation, and nondisclosure agreement and termination options are included in the agreement.
The basic feature of this employment is wages for work, notice period if the employee is dismissed or employment is terminated, holiday pay rights, working place and pension schemes.
In America, many states stipulate that these factors should be written down in contract form. As regard to the pay of the employee, he may be compensated with salary, wages or through the commission as agreed by the employer and employee. The payment may also be decided as pay for time (hourly/daily etc.), for a completed section of work or a monthly retainer with or without reimbursement of expenses. On many occasions, certain other monetary benefits are also offered as compensation and that includes, stock option for the employee, retirement plan, holiday entitlement, specific working hours and health insurance.
Basically, such contract agreements offer the provision of termination of employment by either party. The provisions such as notice period and compensation arrangements are included in the agreement.
Many employer takes extra precaution for maintaining their trade secrets by inserting non-disclosure and non compete clauses when the employees leaves the employment because an independent contractor may typically perform the same type of work for various companies. The trust and confidence between the employer and employee is the basis of Independent Contractor Agreement.
Basically, these employments are of following types: