Legal Question in Business Law in Colorado
I have an independent contractor agreement written in the state of CO (I'm also a CO resident). I have some concerns about the contract with regard to a few points that seem to be non-compliant with CO law. I'd like to know how big these issues are and what I can do about it.
1. The contract states an HOURLY RATE, not a FIXED CONTRACT RATE
2. The contract does NOT list out the clauses required by the state of CO
3. The contract states that if I choose to sign contracts with other clients, I'm expected to notify them in writing.
Are these issues important? What should I do from here?
1 Answer from Attorneys
In order:
1. This is a negotiation. If you don't what like is proposed, make a counter.
2. There are no clauses required by the state of Colorado. There are a slew of clauses that any good business attorney would advise depending on the project, the facts, your negotiating leverage, and many other factors.
3. This is allowed. Like 1, if you don't like this clause, reject it or propose something else.
You should speak with a business attorney so they can review the contract and advise you. That or you will have to determine these issues yourself.
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