The Owner operator agreement template for trucking company in Franklin establishes a formal relationship between a truck driver (Contractor) and a carrier (Carrier) for the transportation of goods using the Contractor's own equipment. This agreement outlines key responsibilities, such as the Contractor's obligation to transport goods, maintain necessary insurance, and provide proper documentation for payment. It includes clauses specifying insurance coverage requirements, payment timelines, liability for cargo, and the handling of claims according to federal regulations. Additionally, the agreement emphasizes the independent contractor status of the Contractor and prohibits them from soliciting business from the Carrier's clients. Designed for legal practitioners and trucking professionals, the template aids attorneys, partners, and legal assistants in drafting clear and enforceable agreements. Paralegals and associates can use this tool to ensure compliance with applicable laws and regulations. Overall, this template serves as a comprehensive resource for managing the complexities of contractual relationships in the trucking industry.