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Freelance Project Payment Extension Agreement Template

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If you’re a client who can’t make payments for freelancer services or you’re a freelancer waiting for compensation, a freelance project payment extension agreement can help.

This contract outlines payment amounts and dates on when they will be completed, so that there are no misunderstandings between parties. It assists the freelancer with clarity over compensation and can prevent disputes.

You can purchase a freelance project payment extension agreement template from ContractsCounsel, an online legal marketplace connecting clients with vetted lawyers. This template is specific, clear, and legally binding to give you peace of mind.

How to Fill out a Freelance Project Payment Extension Agreement

When you purchase this template, you’ll have to fill it out according to your specific working relationship. Here’s guidance on how.

  • Step 1: Fill out the effective date on which the parties sign the agreement, as well as their names and addresses.
  • Step 2: Write down how much money the client owes the freelancer, and fill out the date of the original invoice.
  • Step 3: Determine payment instalment amounts and dates on which they will be paid by the client. You should also fill out the final payment date.
  • Step 4: Write down the number of days the client has to pay before they will be charged a late fee. There’s a section where you can fill out the amount of money and specify if it’s a fee for every missed payment or interest at a rate of a specified percentage per month (which is calculated from the original due date until payment receipt).
  • Step 5: Fill out the number of days after the payment due date in which a freelancer can demand immediate payment from the client.
  • Step 6: At the end of the contract, both parties will sign it in the spaces provided.

Why Buy a Freelance Project Payment Extension Agreement from ContractsCounsel

Purchasing this contract from ContractsCounsel is convenient, preventing you from having to draft it from scratch. Other benefits include:

  • The contract is written by a vetted lawyer on the platform.
  • You can customize it according to your requirements.
  • You can hire the lawyer who drafted it, such as if you want legal review before signing.
  • It’s affordable. You can purchase a freelance project payment extension agreement for $25.

What’s Included in the Contract?

ContractsCounsel’s freelance project payment extension agreement template contains important information, such as clearly stating how much money the client owes the freelancer to avoid misunderstandings.

Revised Payment Schedule

This includes the installment amounts and dates by when they are due. There is also a final payment deadline included by when all payments should be completed.

Late Fees and Interest

This section serves to ensure that the client fulfills their payment duties by outlining late fees and interest.

Nonpayment Remedies

If the client doesn’t stick to the payment deadlines, the contract states that the freelancer can demand immediate payment, suspend work, or pursue legal remedies.

Do you need a freelance project payment extension agreement template?

Purchase a template from ContractsCounsel. Once you complete payment, you’ll receive a downloadable contract you can start using immediately.

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ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


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Meet some of our Freelance Project Payment Extension Agreement Template Lawyers

Brianna N. on ContractsCounsel
View Brianna
5.0 (2)
Member Since:
June 16, 2021

Brianna N.

Attorney
Free Consultation
New York
10 Yrs Experience
Licensed in NY
Touro Law School

Brianna is a well-respected New York licensed attorney with a Juris Doctorate degree in law from Touro College Jacob D. Fuchsberg Law School and bachelor’s degree in Business Administration and Management from Dowling College. Since becoming an attorney, she has practiced in various areas including business law, corporate law, residential real estate, commercial real estate, criminal law, traffic law, employment law, landlord tenant law, estate planning, and has represented intermediaries in procurement and the personal protective equipment industry. Brianna has broad and extensive business experience; She is an entrepreneur and co-owner of a microtechnology manufacturing company that was built by her and her partner, where she also served as the Chief Legal Officer and Human Resource Manager for the company. While building the manufacturing business, she created a brokerage firm for business transactions and has managed several other businesses which she has ownership interest in. Brianna’s involvement in these various businesses over the past 15 years provides a unique skillset to her clients; Not only does she understand contractual principals and obligations from a legal perspective while drafting and negotiating agreements, but she also has the foresight, experience, and ability to ensure the agreement reflects the practical aspects of the business. Based on the client’s needs and desired outcome, she has the forethought to cover different angles that would be overlooked from a legal standpoint, and as a result she is able to help prevent unforeseen business ramifications. She conducts extensive risk assessments on behalf of her clients and minimizes exposure to potential liability without “over lawyering” agreements. One of Brianna’s main areas of focus is drafting and negotiating agreements. Negotiation is a passion of hers which was applied in law school while she was a member of the Alternative Dispute Resolution Society, notably winning Touro Law School’s intraschool negotiation competition. In her more recent years, Brianna has removed herself from her various business interests to focus on her law practice. Brianna has a strong moral compass and believes in quality over quantity. She treats every client as a top priority; thus, she will not take on many cases at a time because she wants to give each client the focus and attention they deserve. She has sharp attention to detail and is a forceful advocate for every client. Brianna has broad and extensive business experience; She is an entrepreneur and co-owner of a microtechnology manufacturing company that was built by her and her partner, where she also served as the Chief Legal Officer and Human Resource Manager for the company. While building the manufacturing business, she created a brokerage firm for business transactions and has managed several other businesses which she has ownership interest in. Brianna’s involvement in these various businesses over the past 15 years provides a unique skillset to her clients; Not only does she understand contractual principals and obligations from a legal perspective while drafting and negotiating agreements, but she also has the foresight, experience, and ability to ensure the agreement reflects the practical aspects of the business. Based on the client’s needs and desired outcome, she has the forethought to cover different angles that would be overlooked from a legal standpoint, and as a result she is able to help prevent unforeseen business ramifications. She conducts extensive risk assessments on behalf of her clients and minimizes exposure to potential liability without “over lawyering” agreements. Additionally, she specializes in drafting and negotiating agreements. Negotiation is a passion of hers which was applied in law school while she was a member of the Alternative Dispute Resolution Society, notably winning Touro Law School’s intraschool negotiation competition. In her more recent years, Brianna has removed herself from her various business interests to focus on her law practice. Brianna has a strong moral compass and believes in quality over quantity. She treats every client as a top priority; thus, she will not take on many cases at a time because she wants to give each client the focus and attention they deserve. She has sharp attention to detail and is a forceful advocate for every client.

Recent  ContractsCounsel Client  Review:
5.0

"Brianna gave me a very reasonable quote compared to other bids, and she's super responsible and thorough with her job, an absolute delight to work with, highly recommended!"

Justin K. on ContractsCounsel
View Justin
4.9 (42)
Member Since:
September 22, 2022

Justin K.

Freelance Attorney
Free Consultation
Valencia, CA
23 Yrs Experience
Licensed in CA
University of Southern California School of Law

I have been practicing law exclusively in the areas of business and real estate transactions since joining the profession in 2003. I began my career in the Corporate/Finance department of Sidley's Los Angeles office. I am presently a solo practitioner/freelancer, and service both business- and attorney-clients in those roles.

Recent  ContractsCounsel Client  Review:
5.0

"Justin was great to work with, we hope to work with him again in future."

Jeff G. on ContractsCounsel
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5.0 (11)
Member Since:
October 30, 2024

Jeff G.

Business Lawyer
Free Consultation
Raleigh, North Carolina
3 Yrs Experience
Licensed in IN, NC
Valparaiso University School of Law

Jeff has 25 years of commercial transactional experience within numerous industries, including finance/banking, telecommunications/utilities, insurance, and software. He is a recognized authority on contracts, software licensing and negotiation. Jeff earned his Juris Doctorate from Valparaiso University School of Law and his Masters in Business Administration from North Carolina State University and is licensed to practice law in North Carolina and Indiana.

Recent  ContractsCounsel Client  Review:
5.0

"Jeff was incredible to work with! He was very accommodating to my 1-day deadline (providing the deliverables within just several hours), and was even kind enough to discuss all his updates with me and answer my questions in the evening (since that's the only time I was available). He is very knowledgable, reasonable, and kind. I can't recommend him enough!"

Moss S. on ContractsCounsel
View Moss
5.0 (3)
Member Since:
November 17, 2021

Moss S.

Attorney
Free Consultation
Boca Raton, FL
38 Yrs Experience
Licensed in FL, MA, RI
Suffolk Law School

Over 30 years of experience practicing commercial real estate and complex business litigation law.

Recent  ContractsCounsel Client  Review:
5.0

"Moss S was responsive and attentive to my needs and completed the task ahead of time and within budget"

Abraham W. on ContractsCounsel
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Member Since:
November 18, 2021
Dave Y. on ContractsCounsel
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Member Since:
November 22, 2021

Dave Y.

CO
Free Consultation
Colorado Springs
5 Yrs Experience
Licensed in CO
University of Denver

I am available for data privacy and cybersecurity projects. I am CIPP/US certified through the IAPP. I have also taken coursework focused on the GDPR through the London School of Economics. In my past career I was an intelligence officer. I am well acquainted with information security best practices and I have experience developing and implementing administrative controls for classified information and PII. I have worked extensively overseas and I am comfortable integrating with remote teams. Feel free to reach out any time if you have any additional questions on my areas of expertise or professional background.

Peter W. Y. on ContractsCounsel
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January 24, 2022

Peter W. Y.

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Free Consultation
Virtual
27 Yrs Experience
Licensed in CT, NY, PA
Haub School of Law at Pace University

Perceptive, solution-driven counselor and experienced attorney. Record of successful verdicts, settlements, negotiations, arbitrations, mediations, and deals. Effective claims management, litigation strategy, and risk consulting. Proven ability to oversee litigation teams, communicate to stakeholders, manage multiple projects effectively, and expand business relationships. Extensive experience handling legal issues in engineering and construction, environmental litigation, corporate and contractual, and insurance issues.

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