Indefinite contracts are agreements that do not have a specified end date. They continue until either party decides to terminate the contract, usually by providing notice. This type of contract is common in employment situations, where an employee works for an employer without a predetermined end date. These contracts offer flexibility for both parties, allowing for ongoing work relationships. However, they also require clear terms regarding notice periods and responsibilities to ensure that both parties understand their rights and obligations. Indefinite contracts can be beneficial for long-term projects or roles that evolve over time.