iFinance Team

INDEPENDENT CONTRACTOR AGREEMENT

This Independent Contractor Agreement (the "Agreement") states the terms and conditions that govern the contractual agreement between iFinance Team LLC whose principal place of business is 1621 Central Ave, Cheyenne WY 82001 and whose mailing address is 1908 Mt. Vernon Ave, Unit 2954, Alexandria VA 22301(the "Company"), and the UNDERSIGNED REPRESENTATIVE (the "Representative") who agrees to be bound by this Agreement.

WHEREAS, the Company is engaged in real estate investment finance; and

WHEREAS, the Company and the Representative desire to enter into a relationship whereby the Representative shall perform those duties described in Appendix A for the Company as directed by the Company.

NOW, THEREFORE, In consideration of the mutual covenants and promises made by the parties hereto, the Company and the Representative (individually, each a "Party" and collectively, the "Parties") covenant and agree as follows:

  1. TERM AND TERMINATION. This Agreement shall last from the date of signing (the "Start Date") and indefinitely thereafter.
    1. The Company may terminate this Agreement at any time by giving written notice to the Representative.
    2. The Representative may terminate this Agreement at any time by giving ____30_____ days written notice to the Company.
  1. DUTIES. The Representative shall perform those duties as described in and attached hereto as Appendix A as well as any other such duties and services as may be assigned by the Company to accomplish the aims of this Agreement to the best of the Representatives ability.
  1. COMPENSATION. In consideration for the duties performed by the Representative, the Company shall pay the Representative according to the specifications described on Appendix A.
  1. INDEPENDENT CONTRACTOR. For the purposes of this Agreement and all services to be provided hereunder, the Parties shall be, and shall be deemed to be, independent contractors and not agents or employees of the other Party. Neither Party shall have authority to make any statements, representations or commitments of any kind, nor to take any action which shall be binding on the other Party, except as may be expressly provided for herein or authorized in writing. The Representative is not an employee and as such, the Representative is not a participant in any of the Company's benefit plans, including but not limited to, health insurance plans. The Company is not withholding from the Representative's compensation any income tax, FUTA, FICA, or other employment tax. The Representative shall be responsible for paying any such taxes.
  1. REPRESENTATIVE WARRANTIES. With regard to the performance of its duties hereunder, the Representative warrants and represents the following:
    1. The execution and performance of this Agreement are not in violation of, and do not conflict with or constitute a default of any other agreement in which the Representative is expressly a party; and
    2. In performing its duties under this Agreement, the Representative shall not violate the laws of any jurisdiction in which the Representative performs the duties prescribed hereunder, including (but not limited to) copyright, patent, trademark, or any other intellectual property law.
  1. INDEMNIFICATION. The Representative agrees to indemnify, defend, and hold harmless the Company and each of its officers, directors, owners, employees, and agents from and against all third party actions, suits, losses, liabilities, claims, expenses, damages, and costs of every kind and description including reasonable legal fees (collectively, "Losses") arising out of the Representative's performance of its duties hereunder, violation of this Agreement, violation of the law, or infringement of the rights of any third party. This obligation survives the termination or expiration of this Agreement.
  1. ATTORNEYS' FEES. The prevailing party shall have the right to collect from the other party its reasonable costs and necessary disbursements and attorneys' fees incurred in enforcing this Agreement.
  1. NO WAIVER OR MODIFICATION UNLESS IN WRITING. No waiver or modification of this Agreement or of any covenant, condition, or limitation herein contained shall be valid unless in writing and duly executed by the Party to be charged therewith. Furthermore, no evidence of any waiver or modification shall be offered or received in evidence in any proceeding, arbitration, or litigation between the Parties arising out of or affecting this agreement, or the rights or obligations of any Party hereunder, unless such waiver or modification is in writing, duly executed as aforesaid. The provisions of this paragraph may not be waived except as herein set forth.Furthermore, no waiver by either Party of any breach of or compliance with any condition or provision of this Agreement by the other Party will be considered a waiver of any other condition or provision of the same condition or provision at another time.
  1. VENUE. This Agreement and the interpretation of the terms herein shall be governed by and construed in accordance with the laws of the State of Wyoming, without regard to the principles of conflict of laws. The Representative irrevocably submits to the exclusive jurisdiction of the applicable court located in the State of Wyoming.
  1. SEVERABILITY. If any provision of this Agreement is held to be invalid, illegal or unenforceable for any reason, such invalidity, illegality or unenforceability shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had not been contained herein.

IN WITNESS WHEREOF, each of the Parties has executed this Agreement, both Parties by its duly authorized officer, as of the day and year set forth below.

EACH PARTY ACKNOWLEDGES TO HAVING READ AND UNDERSTANDING ALL THE PROVISIONS OF THIS DOCUMENT AND, BY SIGNATURE HERON, AGREES TO BE BOUND BY THE TERMS HEREIN. THIS AUTHORIZATION WILL BE CONSIDERED EFFECTIVE EVEN IF EACH PARTY SIGNS SEPARATE COPIES.

APPENDIX A

DUTIES AND COMPENSATION

1. DUTIES. The Representative's duties shall include the following, to be performed at the direction of the Company:

Loan Referrals to iFinance Team Using Your Referral Partner Link:

www.iFinanceTeam.com/__________

NOTE: Specify your personalized REFERRAL PARTNER WEBLINK NAME BELOW. We will NOT change this referral partner link so make sure you choose the URL that you want to use forever.

2. REFERRAL ATTRIBUTION. The Representative gets attribution for a referral when the referral's file progresses from initial inquiry to loan application to closing. If the Represenative's referral stops at the inquiry stage and later is referred to us by another representaive and proceeds to the loan application to closing, the other representative will get credit for that file. Hence, the completion of the loan application is the trigger for referral attribution.

3. COMPENSATION. In consideration for the performance of the duties hereunder, the Company shall pay the Representative a share of the origination points outined in the table here...

ORIGINATION POINTS PAID TO REPRESENTATIVE AT UNDERSIGNED LEVEL:

Based on www.ifinanceteam.com/partners compensation levels

In extremely rare cases where the borrower demands discounted origination fees, the Company has the right, in its sole discretion, to discount the origination points it charges and proportionately discount the compensation to the Representative. For example, if par origination of 3 points is reduced to 2 points then the Representative's compensation would be reduced by 33% which is proportionate to the discount given to the borrower.

The Company has the right, in its sole discretion, to change the compensation plans outlined on www.ifinanceteam.com/partners at any time for the duration of this Agreement to remain competitive with market conditions. Upon changes, the Company will notify the Representative in writing via email.

Payments shall be made according to the Company's weekly payment schedule, which the Company has the right to change, in its sole discretion, at any time for the duration of this Agreement.

EACH PARTY ACKNOWLEDGES TO HAVING READ AND UNDERSTANDING ALL THE PROVISIONS OF THIS DOCUMENT AND, BY SIGNATURE HERON, AGREES TO BE BOUND BY THE TERMS HEREIN. THIS AUTHORIZATION WILL BE CONSIDERED EFFECTIVE EVEN IF EACH PARTY SIGNS SEPARATE COPIES.

NON-CIRCUMVENTION, NON-DISCLOSURE & CONFIDENTIALITY AGREEMENT

THIS AGREEMENT is for the Professional Association and arrangement of Non-Circumvention, Non-Disclosure and Confidentiality between the UNDERSIGNED REPRESENTATIVE and iFinance Team LLC whose principal place of business is 1621 Central Ave, Cheyenne, WY 82001 and whose mailing address is 1908 Mt. Vernon Ave, Unit 2954, Alexandria VA 22301hereinafter, called the "The Parties". The Parties with this agree to respect the integrity and tangible value of this agreement between them.

THIS AGREEMENT is a perpetuating guarantee for two (2) years from the date of execution and is to be applied to any and all transactions present and future, of the introducing party, including subsequent follow-up, repeat, extended, renegotiated, and new transactions regardless of the success of the project.

Because of THIS AGREEMENT, the Parties involved in this transaction may learn from one another, or from principals, the names and telephone numbers of investors, borrowers, lenders, agents, brokers, banks, lending corporations, individuals and/or trusts, or buyers and sellers hereinafter called contacts. The Parties with this acknowledge, accept and agree that the identities of the contacts will be recognized by the other Party as exclusive and valuable contacts of the introducing Party and will remain so for the duration of this agreement.

The Parties agree to keep confidential the names of any contacts introduced or revealed to the other party, and that their firm, company, associates, corporations, joint ventures, partnerships, divisions, subsidiaries, employees, agents, heirs, assigns, designees, or consultants will not contact, deal with, negotiate or participate in any transactions with any of the contacts without first entering a written agreement with the Party who provided such contact unless that Party gives prior written permission.

Such confidentiality will include any names, addresses, telephone, telex, facsimile numbers, and/or other pertinent information disclosed or revealed to either Party.

The Parties agree not to disclose, reveal or make use of any information during discussion or observation regarding methods, concepts, ideas, product/services, or proposed new products or services, nor to do business with any of the revealed contacts without the written consent of the introducing party or parties.

The Parties agree that due to the many variables surrounding each Real Estate Business / Financial Transaction that will occur because of this agreement, the commission or fee to be paid and/or the fee structure between the Parties can vary. A separate fee/commission agreement will outline compensation for each Real Estate Business / Financial Transaction. The fee or commission agreement must be drafted and acknowledged by signature before all Real Estate Business / Financial Transactions.

In case of circumvention, the Parties agree and guarantee that they will pay a legal monetary penalty that is equal to the commission or fee the circumvented Party should have realized in such transactions, by the person(s) engaged on the circumvention for each occurrence. If either party commences legal proceedings to interpret or enforce the terms of THIS AGREEMENT, the prevailing Party will be entitled to recover court costs and reasonable attorney fees.

The parties will construe THIS AGREEMENT in accordance with the laws of the State of Wyoming, County of Laramie. If any provision of this agreement is found to be void by any court of competent jurisdiction, the remaining provisions will remain in force and effect.

THIS AGREEMENT contains the entire understanding between the Parties and any waiver, amendment or modification to THIS AGREEMENT will be subject to the above conditions and must be attached hereto.

Upon execution of THIS AGREEMENT by signature below, the Parties agree that any individual, firm company, associates, corporations, joint ventures, partnerships, divisions, subsidiaries, employees, agents, heirs, assigns, designees or consultants of which the signee is an agent, officer, heir, successor, assign or designee is bound by the terms of THIS AGREEMENT.

A facsimile copy of this Non-Circumvention, Non-Disclosure and Confidentiality Agreement shall constitute a legal and binding instrument. By setting forth my hand below I warrant that I have complete authority to enter into THIS AGREEMENT.


I have read and accept the terms of this agreement. Check box to accept.*
First Name:  
Last Name:  
Email:  
Phone:  
Date:  
Address:


Business Name:
Business Address:

Business City:

Business State:

Business Zip:

Business Phone#:







Click 'Sign it' Tab Below to Sign in the Box Below

Draw your signature now.