The Independent Clause Samples
The Independent clause establishes that a party or individual is acting as an independent contractor rather than as an employee or agent of the other party. In practice, this means that the independent party is responsible for their own taxes, benefits, and work methods, and is not subject to the same controls or obligations as an employee. This clause is essential for clarifying the nature of the working relationship, thereby reducing the risk of misclassification and associated legal or tax liabilities.
The Independent. Accountant must issue a certificate as to his determination of the matters referred to him and of the Accounts, adjusted (if necessary) to take account of his determinations. The Buyer and Seller agree that in carrying out this role, the Independent Accountant acts as expert and not arbitrator and that, in the absence of fraud or mistake or manifest error, the certificate issues by the Independent Accountant will be final and binding on them.
The Independent. VERIFIER must be a legal entity with a high degree of technical specialization and adequacy of equipment, organization and technical staff, in addition to an outstanding ethical reputation with the market and with notorious specialization in the measurement of quality of services provision proven pursuant to ANNEX 14.
The Independent. Supervising Attorney shall act as an officer of the Court in respect of the observance and implementation of the terms of this Order and all persons responsible for service and execution of this Order shall be entitled to take all necessary reasonable measures with the assistance of the local constabulary to enforce it and to reasonably prevent or remove any impediment to its execution;
The Independent. An independent contractor agreement should include several important sections. Because this is a contract with an independent contractor, not an employee, the contract should state that either party can terminate the agreement with or without notice, ... Understanding independent contractor agreement. A written contract between two parties, an independent contractor agreement is used for a specific service or ▇▇▇▇▇▇▇.▇▇ complete a task or project, one company hires another company for a short period using an independent contractor agreement. Download 10 Free Independent Contractor Agreement Templates to help yourself in preparing Independent Contractor Agreement. You can also explore Services Contract Templates to see more options.. An Independent Contractor is a person who runs his own business and provides services to other individuals and companies without working directly for any employer.
The Independent. Accountant shall review the Earn-out Determination Materials and shall determine the required contents of the Company’s financial statements as of December 2017 and for final determination of the achievement (or failure to achieve the) Earn-out Hurdle in order to determine whether or not the Earn-out Hurdle has been achieved as well as, if applicable, the amount payable as Earn-Out. The Independent Accountant shall act as an expert (Schiedsgutachter) within the meaning of Section 317 of the German Civil Code (BGB) and not as an arbitrator (Schiedsrichter). The Independent Accountant shall give Seller and Purchaser adequate opportunity DB1/ 93370130.5 11 to present their views in writing and at least one oral hearing to be held in the presence of Seller and Purchaser and Seller’s Representatives as well as Company and its auditor. The Independent Accountant (i) shall not review any matters not identified by Seller as being in dispute in the Seller Earn-out Review Notice and (ii) may not assign a value to any item greater than the greatest value for such items claimed by either Party or less than the smallest value for such items claimed by either Party, and its determination may not be outside the range comprised of (i) Company’s underlying computations for the Proposed Financial Statements 2017 and the Proposed Earn-out Achievement Notice on the one hand and (ii) the Seller Earn-out Review Notice and its underlying computations on the other hand. The Independent Accountant will make its determination in accordance with IFRS in a manner consistent with past custom and practice at Company and otherwise applicable best practice, and in accordance with the provisions of this Agreement. Absent manifest error, the Accounting Expert’s decision on the Earn-out Hurdle Achievement Notice will be final, conclusive, and binding and will be deemed to constitute agreement between Seller and Purchaser for final determination of the achievement (or failure to achieve) of the Earn-out Hurdle. For the avoidance of doubt, the Accounting Expert’s decision on the Earn-out Hurdle Achievement Notice shall have no effect on the preparation of the Group Companies audited financial statements as of December 31, 2017. The Independent Accountant’s fees and expenses will be borne by Seller and Purchaser in accordance with sections 91 et seq. of the German Code of Civil Procedure (Zivilprozessordnung, ZPO), and the Independent Accountant shall be authorized and instructed to also decid...