The document is an Independent Contractor Agreement tailored for owner operator lease programs in Collin. It sets forth the terms under which a contractor, operating their own trucking equipment, engages with a common carrier to transport goods. Key features include stipulations regarding insurance coverage, liability, and the invoicing process for transportation services. The contractor is responsible for maintaining their insurance and providing documentation to the carrier within specified timeframes. Filling and editing instructions emphasize the need to complete all sections accurately, including the truck driver's details and the specific insurance requirements. This agreement is useful for attorneys, partners, owners, associates, paralegals, and legal assistants. It helps these professionals understand their roles and responsibilities in the transportation of goods, mitigate liability risks, and ensure compliance with federal regulations. Furthermore, the contract outlines the independent contractor relationship, making it clear that the contractor is not an employee of the carrier, thereby highlighting their autonomy in operations. Overall, the document aids in maintaining a clear contractual relationship between the owner operator and the carrier, providing essential protections for both parties.