Truck Owner Operator Contract Sample With Lease Agreement In Chicago
State:
Multi-State
City:
Chicago
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Truck Owner Operator Contract Sample with Lease Agreement in Chicago is a legal document outlining the relationship between a contractor and a carrier in the trucking industry. It defines responsibilities for transportation services, including liability insurance requirements of no less than $1 million for truck liability and $250,000 for cargo insurance. Key features include invoicing processes, documentation requirements for freight charges, and liability for damages. The form emphasizes the contractor's obligation to maintain valid licenses and insurance coverage while prohibiting solicitation of the carrier's clients. It includes provisions for addressing delays, accidents, or breakdowns, as well as the governing laws of the State and the duration of the agreement. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the transportation sector, as it helps establish clear terms and protect legal interests. Filling and editing instructions are straightforward, ensuring clarity for users with varying legal backgrounds.
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