Owner Driver Contracts For Sale In Clark
State:
Multi-State
County:
Clark
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Independent Contractor Agreement for Owner drivers in Clark outlines the terms of collaboration between a Contractor (owner/operator truck driver) and a Carrier (common carrier company). This contract stipulates that the Contractor will transport shipments for the Carrier using their own equipment while complying with various insurance requirements, including a minimum of $1,000,000 liability coverage and $250,000 cargo insurance. Payment terms specify that the Contractor will be compensated within 45 days upon submitting necessary documentation, such as proof of delivery and invoices. The agreement emphasizes the importance of maintaining proper liability coverage and mandates communication about any delays during transportation. It prohibits the Contractor from soliciting freight from the Carrier's customers to protect business interests. This contract is essential for ensuring both parties understand their rights, responsibilities, and liabilities while adhering to federal regulations. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to clearly define the working relationship, safeguard their business interests, and ensure compliance with legal standards in trucking operations.
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