Contract Terms

1. Services to be Rendered

Adak Strategies is a dynamic sales company with multiple campaigns, offerings, and partner companies. By signing this agreement, the Contractor may operate, with permission from Adak representatives, in any of the approved channels, campaigns, and services, including but not limited to:

a. Adminify: An AI-based software product marketed to businesses.

b. Business Financial Services: This includes various financial services and lending offerings.

c. Other Financial Credits: Contractor may engage in other financial credit-related services as approved by the Company.

The Contractor shall collaborate with Adak representatives to determine the specific scope and details of services to be rendered within these approved channels, campaigns, and services, ensuring alignment with the Company's objectives and strategies.

2. Term

This Agreement shall continue indefinitely from the above start date, unless otherwise terminated by either party earlier/otherwise as provided herein.

3. Compensation

a. Contractor will be provided a separate compensation agreement as an addendum to this contractor agreement. All commissions, rates, and other compensation details will be documented in that compensation agreement. Formal compensation changes should also be documented in writing, and it is the responsibility of the contractor to maintain proof of compensation and potential ongoing rates and changes.

b. Contractor acknowledges and agrees that they are classified as an independent contractor for tax and employment purposes. As an independent contractor, Contractor shall have the sole and exclusive responsibility for compliance with all federal, state, and local tax laws and regulations, including but not limited to income taxes, self-employment taxes, and any other taxes or assessments that may be applicable to compensation received under this Agreement.

c. Contractor further acknowledges that they are not entitled to and shall not receive any employee benefits from the Company, including but not limited to health insurance, retirement benefits, workers' compensation, or unemployment benefits. Contractor shall not be eligible for participation in any Company-sponsored employee benefit plans.

d. Contractor shall maintain and, if required by law, obtain any necessary business licenses or permits to perform the services under this Agreement. Contractor shall also be solely responsible for reporting income earned under this Agreement to the appropriate tax authorities and for remitting any taxes owed in a timely and accurate manner.

e. The Company shall not withhold any taxes from payments made to the Contractor under this Agreement. Contractor agrees to indemnify and hold the Company harmless from any claims, liabilities, or penalties arising from Contractor's failure to comply with tax and benefit obligations associated with compensation received under this Agreement.

f. Contractor is strongly encouraged to seek independent legal and tax advice to understand and fulfill their tax and benefit responsibilities. This clause is an integral part of this Agreement and reflects the parties' intent that Contractor is an independent contractor and not an employee of the Company for any purpose, including tax and benefit obligations.

4. Independent Contractor Status

a. Contractor acknowledges and agrees that they are an independent contractor and not an employee of the Company.

b. Contractor shall be responsible for all self-employment taxes, including federal and state income taxes and Social Security and Medicare taxes.

5. Confidentiality

Contractor acknowledges and agrees that during the course of providing services under this Agreement, they may have access to, receive, or become privy to confidential information, trade secrets, and proprietary data (collectively referred to as "Confidential Information") belonging to the Company. This Confidential Information encompasses, but is not limited to, client lists, financial records, business plans, marketing strategies, product development plans, proprietary software, and any other information that is not publicly available.

Contractor hereby undertakes and covenants to maintain the strictest confidentiality with respect to all Confidential Information. Contractor shall not, at any time during the term of this Agreement or thereafter, directly or indirectly, disclose, use, copy, disseminate, or permit the disclosure, use, copying, or dissemination of any Confidential Information without the prior written consent of the Company.

Contractor's duty to protect Confidential Information extends beyond the termination of this Agreement and shall remain in effect indefinitely. Contractor shall continue to be bound by this obligation even after the termination of this Agreement.

In the event that Contractor is required by law or legal process to disclose any Confidential Information, Contractor shall promptly notify the Company in writing and shall cooperate fully with the Company in seeking a protective order or other appropriate remedy.

Contractor understands and acknowledges that a breach of this confidentiality obligation may result in irreparable harm to the Company, for which monetary damages may not be an adequate remedy. In the event of such a breach, the Company shall be entitled to seek injunctive relief, specific performance, or any other equitable remedy available under the law.

This confidentiality provision is an essential and material term of this Agreement, and Contractor's compliance with this provision is a fundamental condition of Contractor's engagement with the Company.

6. Termination

(a) Either party may terminate this Agreement with or without cause by providing written notice to the other party.

(b) Upon termination, Contractor shall promptly return any Company property or materials.

(c) In the event of termination due to misconduct of any kind, including but not limited to violations of the Code of Conduct set forth herein, Contractor shall forfeit all earnings and commissions accrued, as well as any rights to future commissions and monies due in their pipeline.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Utah.

8. Entire Agreement

This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, whether written or oral.

9. Amendments

No amendment or modification of this Agreement shall be valid unless in writing and signed by both parties.

Code of Conduct

1. Workplace Conduct

As an independent contractor (the "Contractor") engaged by Adak and its affiliate companies (collectively referred to as the "Company"), you are expected to conduct yourself professionally and in a manner that upholds the reputation and values of the Company. This Code of Conduct outlines the expectations for workplace behavior, facility usage, and personal conduct.

2. Facility Usage

a. The Company provides certain amenities, including but not limited to facilities such as gyms, basketball courts, and other common areas, for the use and enjoyment of its contractors.

b. Contractor agrees that the use of Company facilities is a privilege and must be approved in advance by Company management.

c. Contractors and their escorted guests are permitted to use Company facilities with prior authorization. However, guests of contractors are strictly prohibited from using the facilities.

3. Drugs and Alcohol

a. The use, possession, distribution, or being under the influence of illegal drugs or non-prescribed controlled substances on Company premises or while performing work-related activities is strictly prohibited.

b. The consumption of alcoholic beverages on Company premises during working hours is also strictly prohibited unless expressly permitted by Company management for a specific occasion or event.

4. Inappropriate Work Relationships

a. Contractors are expected to maintain professional and respectful relationships with all colleagues, clients, and other stakeholders.

b. Any form of harassment, discrimination, or inappropriate conduct, including but not limited to sexual harassment, racism, sexism, or prejudism, will not be tolerated under any circumstances.

5. Consequences of Violations

a. Violations of this Code of Conduct may result in disciplinary actions, up to and including immediate termination of the Contractor's agreement with Adak and its affiliate companies.

6. Reporting Violations

a. Contractors are encouraged to report any violations of this Code of Conduct to their immediate supervisor, Human Resources, or any designated Company representative.

7. Acknowledgment

By signing this Independent Contractor Agreement, you acknowledge that you have read, understood, and agree to abide by this Code of Conduct. Failure to comply with this Code of Conduct may lead to disciplinary actions, up to and including termination of your contract with the Company.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

NON-COMPETE AGREEMENT

This Non-Compete Agreement (this "Agreement") is made effective as of by and between ADAK Strategies, of Utah, and 

Confidentiality and Non-Compete Agreement

This Agreement is made and entered into by and between ADAK Strategies, herein referred to as “Contractor,” and [Employee/Contractor Name], herein referred to as “Recipient.”

1. NON-COMPETE COVENANT

During employment and for a period of two years after the separation of employment for any reason, the Recipient will not directly or indirectly engage in any business that competes with ADAK Strategies or its subsidiary, Adminify.

This covenant shall apply to the geographical area that includes anywhere in the United States.

The Recipient will not be allowed to disclose marketing strategies and information that are the property of ADAK Strategies or Adminify. The Recipient will not be allowed to solicit in any manner (in person, online, or otherwise) new business for a competing company or its affiliates.

Directly or indirectly engaging in any competitive business includes, but is not limited to: (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such business, (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of ADAK Strategies or Adminify for the benefit of a third party that is engaged in such business. The Recipient agrees that this non-compete agreement will not adversely affect their livelihood.

2. NON-SOLICITATION COVENANT

For a period of two years after the effective date of this Agreement, the Recipient will not directly or indirectly solicit business from, or attempt to sell, license, or provide the same or similar products or services as are now provided to, any customer or client of ADAK Strategies or Adminify, nor shall use ADAK Strategies' or Adminify's existing clients’ demographic and confidential information to solicit and provide quotes and/or transfer business to any competing entity. Further, for a period of three years after the effective date of this Agreement, the Recipient will not directly or indirectly solicit, induce, or attempt to induce any employee of ADAK Strategies or Adminify to terminate his or her employment with ADAK Strategies or Adminify.

3. CONDITION OF EMPLOYMENT

In consideration of the commitments and obligations made by ADAK Strategies, the Recipient agrees that the execution of this Agreement is a condition of contracting with ADAK Strategies.

4. CONFIDENTIALITY

The Recipient will not at any time or in any manner, either directly or indirectly, use for the personal benefit of, or divulge, disclose, or communicate in any manner any information that is proprietary to ADAK Strategies or Adminify. The nature of the information and the manner of disclosure are such that a reasonable person would understand it to be confidential. The Recipient will protect such information and treat it as strictly confidential. The obligation to not disclose confidential information shall continue for a period of two years after the effective date of this Agreement. Within fifteen days after receiving a written request, the Recipient will return to ADAK Strategies all records, notes, documentation, and other items that were used, created, or controlled by the Recipient.

5. ENTIRE AGREEMENT

This Agreement contains the entire agreement of the parties regarding the subject matter of this Agreement, and there are no other promises or conditions in any other agreement whether oral or written.

6. SEVERABILITY

The parties have attempted to limit the non-compete provision so that it applies only to the extent necessary to protect legitimate business and property interests. If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.

7. INJUNCTION

It is agreed that if the Recipient violates the terms of this Agreement, irreparable harm will occur, and money damages will be insufficient to compensate ADAK Strategies. Therefore, ADAK Strategies will be entitled to seek injunctive relief (i.e., a court order that requires compliance with this Agreement) to enforce the terms of this Agreement. The prevailing party shall have the right to collect from the other party its reasonable costs and necessary disbursements and attorneys' fees incurred in enforcing this Agreement.

8. APPLICABLE LAW

This Agreement shall be governed by the laws of the State of Utah.

9. CONFLICT RESOLUTION

In the event of a dispute between the parties, the parties hereby agree to use the Salt Lake County Justice Court as the venue. The parties hereby also agree that the prevailing party shall be entitled to reasonable attorneys' fees and costs incurred as a result of the dispute.

10. SIGNATORIES

This Agreement is effective as of the date first written above.

Payment Info:

Personal Info:

In order to receive payment, a W-9 form must be uploaded. If you want to be paid as a business, please upload your business W-9.

For instructions on how to fill out a W9 on your phone, please click the link below:

https://www.loom.com/share/450ff35f3427472c93530519fa8716dc