An Hourly Independent Contractor Agreement is a legally binding document that establishes the relationship between an employer and independent contractor. It outlines both parties’ rights and responsibilities, while setting out the agreed rate of payment, the hours spent working, and any other relevant details. The agreement must be signed by both parties in order to be valid and enforceable. In essence, this agreement outlines the business relationship between the employer and contractor, ensuring that all obligations are met and thereby protecting each party’s interests.