The Owner operator contract with carrier lease agreement in Franklin is a legal document that outlines the relationship between a contractor and a carrier for transportation services. This contract specifies the contractor's responsibility to transport shipments using their own equipment and ensures that they have adequate insurance coverage for liability and cargo. Key features include provisions for invoicing, payment terms, and documentation requirements to be met by the contractor to receive payment. Additionally, the agreement details the contractor's liability for loss or damage during transport and the requirement to maintain insurance coverage. The form supports attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear framework for professional agreements in the trucking industry. Users can utilize this form to ensure compliance with federal and state regulations while protecting their interests in business relationships. Filling and editing instructions are straightforward, allowing users to tailor the agreement to specific needs while adhering to legal standards.