The Independent Contractor Agreement between an Owner/Operator Truck Driver and a Common Carrier Company is a vital legal document for individuals engaged as owner operators with FedEx in Cuyahoga. This form outlines the responsibilities and arrangements for transport services between the contractor and the carrier, detailing key features such as liability insurance requirements, invoicing procedures, and payment timelines. Users must provide proper documentation within specified periods to ensure timely payments. Additionally, the agreement stipulates that contractors must maintain adequate insurance and communicate promptly about any delays. Notably, it emphasizes the independent contractor status, preventing contractors from soliciting freight from the carrier's customers for a specified duration. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for ensuring compliance with federal regulations, protecting liability, and structuring clear working relationships within the transport sector. Filling out this form requires attention to detail in documenting insurance coverage and operational practices. Moreover, it serves as a safeguard for both parties against legal and financial disputes that may arise during operations.