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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is defined as anyone providing services to a business without being an employee. Kramer emphasizes the importance of having a written agreement to clarify the relationship between the business and the contractor. Key terms that should be included in the agreement are the specific services to be performed by the contractor and the payment details, including the contract amount. Having these essential points clearly outlined helps ensure a mutual understanding and protects both parties involved.