An intellectual property assignment is a legal transfer of ownership of work such as code, designs and inventions from its creator to another party. That party is usually the company paying for the work.
An independent contractor is a self-employed person or business that provides services to a client under a commercial contract, not as an employee. They control how the work is done and handle their own tax and insurance.
A master services agreement (MSA) is a framework contract setting the general legal and commercial terms between a client and a provider. Individual projects are then added through shorter statements of work.
A non-disclosure agreement (NDA) is a contract in which one or both parties agree to keep specified information confidential. The information may be used only for an agreed purpose, such as evaluating a partnership or a hire.
A contractor agreement is the contract under which an independent contractor provides services to a client. It sets scope, payment, intellectual property, confidentiality and how either side can end the arrangement.
An employment contract is the agreement between employer and employee that sets out the job, pay, hours, benefits, duties and how the relationship can end. It operates within the minimum rights set by local law.
A non-compete clause is a contract term that stops someone working for a competitor, or starting a rival business, after they leave. It usually applies for a set period and area, and enforceability varies widely.
A clear proven process, that delivers
You've seen our ideas - now go deeper.
Discover more insights, guides, and engineering practice.