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An employment contract is an agreement between an employer and an employee to establish a new employment relationship. Types of employment include at-will and independent contractor. An at-will employee lacks a fixed contract duration and can be terminated by either party at any time. In contrast, an independent contractor is hired for a specific purpose and time. The contract details the employment relationship's fundamentals, including employee duties, classification as at-will or independent contractor, termination conditions, compensation type and manner, benefits, and party liabilities.
