Contract without notice period on contractors side.

[SussexSeagull]

I don't really take much notice of contract length let alone notice periods anymore as in reality they don't mean much (other than getting a bit of an indicator of what the client is thinking of duration wise).

If you really can't stand it with them they will let you go. There isn't exactly a shortage of available contractors to replace you at the moment.

[malvolio]

I see - the exit clause defeats MOO even though it is entirely one sided? That is, there may be obligation, but its not mutual?

Not quite; no doubt HMRC would again argue that black is white when it suits them. However, an exit clause is a B2B thing since you can't apply them to an employee, where notice/termination arrangements (barring stuff like serious misconduct and the like) have to be bi-directional. It's a pointer away from IR35/OPW but, like most ex-magic bullets, not a strong one.

[northernladuk]

I've seen this a few times. Barclays implemented no notice for contractors after people were using them as a backstop inbetween gigs. Their rates were appalling so people were just taking the gig and then leaving when it suited them so they removed the notice period. I believe some London banks also removed them.

Could be they've been burned with endless contractors not seeing contracts though but either way, they exist and it's your choice what to do.

But as been noted notice periods are pointless. If the client wants you gone on the spot they just withdraw your work so no pay. If you want to go you negotiate.