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 For each independent contractor you paid $600 or more during the year, you must report the total amount paid on Form 1099NEC This form includes information about your payments to the independent contractor, but it doesn't usually include tax withholding unless the person is subject to backup withholding (explained below)This agreement can protect your assets and any trade secret or other confidential information If you are an independent contractor, this agreement will protect your interests if you provide work and are not paid If you provide a contract for your clients youContractor agrees that the termination of this Agreement shall not release Contractor from any obligations under Section 21 or 22 SECTION 3 – COMPENSATION 31 Compensation In consideration of all services to be rendered by Contractor to the Company, the Company shall pay to the Contractor the sum of $_____ per hour worked 1 1099 contractor agreement pdf