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This contract has some high-risk clauses that could cost you significantly. Don't sign without addressing the IP assignment clause.
IP Assignment
“All work product created by Contractor, including pre-existing IP, is hereby assigned to Client.”
The client owns not just work you do for them, but potentially your entire existing portfolio and tools.
Non-Compete
“Contractor agrees not to work with any competing company for 12 months after termination.”
You cannot work with similar companies for a full year after this contract ends.
Payment Terms
“Client shall pay all invoices within 30 days of receipt via bank transfer or check.”
Standard net-30 payment terms. This is reasonable and common.
+ 10 more clauses analyzed in your full report
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