[anm89]

I have no idea if this is actually sketchy but:

If I was doing something sketchy, and I wanted to setup a fall guy just in case, this is exactly the contract I'd write.

I'd either hard pass on this or just say: I'll work for you without the liability element at normal rates or I'm going to need like 5x rates to take on this liability.

And even if they said yes to that, I'd then get a lawyer to review the whole thing.

[tukantje]

Liability part could be a legal requirement, contractor vs employee has a couple parts determining it, your faults being yours vs company's being one of them.