An hourly contract agreement is a legally binding document that outlines the rate of pay and conditions of service for those working on an hourly basis. This type of agreement is typically used for consultants, freelancers, or other independent contractors. It defines the exact amount to be paid out and the hours worked, as well as any additional services such as travel reimbursement, overtime, or bonuses. It also stipulates how long the contract will run, who’s responsible for taxes, and any expectations regarding communication and productivity. By signing this agreement, both parties are committing to respecting its terms and obligations.