This Work for Hire Agreement ("Agreement") is made and entered into as of [Effective Date], by and between HO2HO (referred to as the "Company"), located in Chennai, India, and [Contractor's Name] (referred to as the "Contractor"), located at [Contractor's Address].
The Company and the Contractor may be collectively referred to as the "Parties" or individually as a "Party."
Scope of Work:
a. The Company engages the Contractor to perform specific tasks, projects, or services as agreed upon in writing, including but not limited to [Description of Work].
b. The Company retains all rights, titles, and interests in the work product created by the Contractor under this Agreement.
a. In consideration for the services rendered by the Contractor, the Company agrees to pay the Contractor the agreed-upon compensation as outlined in the attached work order or separate agreement.
b. The Contractor shall submit invoices to the Company for the services rendered, and payment shall be made in accordance with the payment terms specified in the work order or agreement.
Ownership and Intellectual Property:
a. The Company shall be the sole and exclusive owner of all intellectual property rights, including copyrights, trademarks, and patents, associated with the work product created by the Contractor under this Agreement.
b. The Contractor hereby assigns and transfers to the Company all rights, titles, and interests in and to the work product, including all intellectual property rights, without any further consideration.
a. The Contractor agrees to maintain the confidentiality of any proprietary or confidential information disclosed by the Company during the course of the engagement.
b. The Contractor shall not disclose, use, or exploit any confidential information for any purpose other than performing the services under this Agreement, unless required by law.
a. The Contractor is an independent contractor and not an employee, partner, or agent of the Company.
b. The Contractor shall be solely responsible for any taxes, contributions, or liabilities arising from the compensation received under this Agreement.
Term and Termination:
a. This Agreement shall commence on the Effective Date and continue until the completion of the services, unless terminated earlier as provided herein.
b. Either Party may terminate this Agreement upon written notice if the other Party breaches any material provision of this Agreement and fails to cure such breach within [Number of Days] days of receiving written notice of the breach.
Governing Law and Jurisdiction:
This Agreement shall be governed by and construed in accordance with the laws of Jurisdiction of Chennai. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Chennai Jurisdiction.
This Agreement constitutes the entire understanding and agreement between the Parties with respect to the subject matter hereof and supersedes all prior negotiations, understandings, or agreements, whether oral or written.
IN WITNESS WHEREOF, the Parties hereto have executed this Work for Hire Agreement as of the Effective Date.