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An employment contract is an agreement between an employer and employee aimed at establishing a new employment relationship. An employee may be classified as an at-will employee or an independent contractor. At-will employees do not have a fixed term and can be terminated by either party at any time. In contrast, independent contractors are hired for specific purposes and durations. The employment contract details essential aspects of the relationship, including employment duties, classification (at-will or independent contractor), termination process, compensation, benefits, and the liability of both parties.
