Contracts For Owner Operators Formula In Clark
State:
Multi-State
County:
Clark
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company sets forth essential terms for the contractual relationship between a contractor and a carrier. Key features include the contractor's obligation to transport goods using their own equipment and the carrier's responsibility to provide necessary insurance coverage. The agreement outlines payment terms, including the prompt invoicing process and documentation required for contractors to receive payment within forty-five days. It also establishes the liability of the contractor for loss or damage to goods transported and the requirement for maintaining appropriate insurance coverage. Importantly, the document specifies that the contractor operates as an independent entity, yet allows the carrier to act as an agent for invoicing freight charges. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for structuring agreements in the trucking industry. It ensures compliance with applicable laws and regulations, protecting the interests of both parties involved in the transportation of goods.
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