A documentary credit application form is used to establish an irrevocable documentary credit, which is a type of financial guarantee typically used in international trade. The form sets out the terms of the credit, including the amount of the credit, the expiration date, and the countries involved. The credit is typically issued by a bank and is guaranteed by the issuer.
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Use this agreement when bringing an advisor on board to formalize variables such as job role and responsibilities, duration of contract and compensation. The agreement also sets forth certain key terms such as confidentiality and intellectual property.
This template is to be used the next time your company needs to set out terms with an individual (i.e. not to be used for agreements involving a personal service company as defined within IR35). It sets out the terms on which a contractor provides services to a client company, and is perfect for freelance software developers, marketing consultants, designers, PR/HR/recruitment consultants.
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