Whereas {{ recital_1 }}
Whereas {{ recital_2 }}
Now, therefore, in consideration of the mutual promises below, the Client and the Contractor (each a "Party," together the "Parties") agree as follows.
The Client will not withhold income tax, Social Security, Medicare, or any other payroll tax from amounts paid to the Contractor, and will not provide any employee benefits — no health insurance, paid leave, retirement contribution, workers' compensation, or unemployment coverage.
The Contractor is solely responsible for all federal, state, and self-employment taxes on the fees paid here. The Client will report total compensation on IRS Form 1099-NEC, and the Contractor will furnish a completed Form W-9 before the first payment.
The three installments are {{ math_pct_line }} of the {{ total_fee }} fixed fee: {{ math_amount_line }}. No installment is owed before its trigger is met, and the final 30% is the gate that releases the intellectual-property assignment under Article 6.
The Parties agree that written approval by email is binding for milestone sign-off and change orders. Each Party names a single point of contact at kickoff with authority to approve work, so a decision is never blocked waiting on the wrong person.