CONTRACT OF SELF EMPLOYMENTTHIS AGREEMENT (“Agreement”) dated Date* (the “Effective Date”) is made between Washyme Ltd (Trading As AdAid) (the “Company”), and First Name* Last Name* (the “Contractor”), for the purpose of setting forth the exclusive terms and conditions by which Company desires to acquire your services.
In consideration of the mutual obligations specified in this Agreement, the parties, intending to be legally bound hereby, agree to the following:
2. Consideration / Compensation:
(a) In exchange for the full, prompt, and satisfactory performance of all services to be rendered to Company (as determined by the Company), Company shall provide contractor, as full and complete compensation the sum of £10 per effective working hour to be paid at the completion of the Services. Contractor commits to completing at least one ‘sign up offer’ or ‘matched bet’ per hour of work.
(b) The contractor is not entitled to receive any other compensation or any benefits from Company. Except as otherwise required by law, Company shall not withhold any sums or payments made to contractor for social security or other federal, state, or local tax liabilities or contributions, and all withholdings, liabilities, and contributions shall be solely contractors responsibility. Contractor further understands and agrees that the Services are not covered under the unemployment compensation laws and are not intended to be covered by workers’ compensation laws.
(c) Contractor will be transferred the sum of £150 seed money for the purpose of covering any liability when placing back or lay bets. At a later date the contractor may become eligible for further seed money. All seed money is repayable to the company within 24hrs notice and if not returned within this time frame will incur interest charges at the rate of 0.5% per day.
(d) Company will provide matched betting software to the contractor at the company's expense. The contractor is allowed use of this software only whilst carrying out work for the company. The company is the owner of the software.
(a) Contrator understands that, in connection with its engagement with Company, it may receive, produce, or otherwise be exposed to Company’s trade secrets, business, proprietary and/or technical information, including, without limitation, information concerning customer lists, customer support strategies, employees, research and development, financial information (including sales, costs, profits, and pricing methods), manufacturing, marketing, proprietary software, hardware, firmware, and related documentation, inventions (whether patentable or not), know-how, show-how, and other information considered to be confidential by Company, and all derivatives, improvements and enhancements to any of the above (including those derivatives, improvements and enhancements that were created or developed by Contractor under this Agreement), in addition to all information Company receives from others under an obligation of confidentiality (individually and collectively “Confidential Information”).
(b) Contractor acknowledges that the Confidential Information is the Company’s sole, exclusive and extremely valuable property. Accordingly, Contractor agrees to segregate all Confidential Information from information of other companies and agrees not to reproduce any Confidential Information without Company’s prior written consent, not to use the Confidential Information except in the performance of this Agreement, and not to divulge all or any part of the Confidential Information in any form to any third party, either during or after the term of this Agreement, except to Company employees and Contractor Employees who need to know such Confidential Information in order to perform the Services. Contractor shall require such Contractor Employees to execute a non-disclosure agreement satisfactory to the Company before such Contractor Employee is exposed to any Confidential Information. Upon termination or expiration of this Agreement for any reason, Contractor agrees to cease using and to return to Company all whole and partial copies and derivatives of the Confidential Information, whether in Contractor’s possession or under Contractor’s direct or indirect control, including any computer access nodes and/or codes, and to arrange for the return of such materials by all Contractor Employees.
(c) Contractor shall not disclose or otherwise make available to Company in any manner any confidential and proprietary information received by Contractor from third parties. Contractor warrants that its performance of all the terms of this Agreement does not and will not breach any agreement entered into by Contractor with any other party.
(d) Company undertakes to train the contractor for a total of 2 hours, providing all support necessary, in return the contractor undertakes to use all of their personal ‘sign up offers’ on behalf of the company and not to use them for personal gain.
4. Indemnification / Release:
(a) Contractor agrees to take all necessary precautions to prevent injury to any persons or damage to property during the term of this Agreement, and shall indemnify, defend and hold harmless Company, its officers, directors, shareholders, employees, representatives and/or agents from any claim, liability, loss, cost, damage, judgment, settlement or expense (including attorney’s fees) resulting from or arising in any way out of injury (including death) to any person or damage to property arising in any way out of any act, error, omission or negligence on the part of Contractor or any Contractor Employee in the performance or failure to fulfill any Services or obligations under this Agreement.
This Agreement shall be effective on the date hereof and shall continue until terminated, or all duties under the contract are completed. If the seed money is outstanding the contract will remain in effect until it is returned to company.
6. Independent Contractor:
(a) Company and Contractor expressly agree and understand that Contractor is an independent contractor and nothing in this Agreement shall be construed in any way or manner, to create between them a relationship of employer and employee, principal and agent, partners or any other relationship other than that of independent parties contracting with each other solely for the purpose of carrying out the provisions of the Agreement. Accordingly, the contractor acknowledges that they are not eligible for any Company benefits, including, but not limited to, health insurance, retirement plans or stock option plans. Contractor is not the agent of Company and is not authorized and shall not have the power or authority to bind Company or incur any liability or obligation, or act on behalf of Company. At no time shall Contractor represent that it is an agent of the Company, or that any of the views, advice, statements and/or information that may be provided while performing the Services are those of the Company.
(a) This Agreement does not create an obligation on the Company to continue to retain Contractor beyond this Agreement’s termination. This Agreement may not be changed unless mutually agreed upon in writing by both parties.
(b) Contractor hereby agrees that any breach of Section 3 by Contractor will cause irreparable harm to Company and that in the event of such breach or threatened breach, Company shall have, in addition to any and all remedies of law and those remedies stated in this Agreement, the right to an injunction, specific performance or other equitable relief to prevent the violation of Contractor’s obligations hereunder.
(c) Contractor hereby agrees that each provision herein shall be treated as a separate and independent clause, and the unenforceability of any one clause shall in no way impair the enforceability of any of the other clauses herein.
(d) This Agreement contains the entire agreement between the parties hereto with respect to the transactions contemplated herein. The language of all parts of this Agreement will in all cases be construed as a whole in accordance with its fair meaning and not for or against either party.
(e) All notices provided for in this Agreement shall be given in writing and shall be effective when either served by hand delivery, electronic facsimile transmission, express overnight courier service, or by registered or certified mail, return receipt requested, addressed to the parties at their respective addresses as set forth at the beginning of this Agreement, or to such other address or addresses as either party may later specify by written notice to the other.
(f) Contractor has no actual or implied authroity to bind the company to any contract. Any contracts entered into by the contractor during this contract shall be entered into in the contractors personal capacity. Any obligations or duties arising out of such agreements shall not bind the company, they will bind the contractor in their personal capacity alone. Any breach of such a contract will be the sloe responsibility of the contractor, the company shall not be held liable for any such breach. The contractor accepts liability for any such breach of contract.
(a) We require you to use a Monzo bank account to receive your pay and the seed money mentioned in section 2(c). The seed money should be kept in a separate 'pot' from your everyday account (if you currently use monzo for this purpose). We are in no way affiliated with Monzo, we require this because in our experience it is the best account for the purpose of matched betting. It also allows us to pay you quickly through a link as opposed to using full form bank details.