The Independent Contractor Agreement between an Owner/Operator Truck Driver and Common Carrier Company outlines the relationship between an owner-operator and a carrier in Franklin. This form covers the responsibilities, liabilities, and requirements for both parties, ensuring clarity in transportation operations. Key features include insurance stipulations, invoicing procedures, and provisions for the handling of cargo claims. The form provides specific guidelines for documentation needed for payment, liability for loss or damage during transport, and communication protocols in case of delays. This agreement is crucial for professionals such as attorneys and paralegals who assist in drafting and managing contracts, ensuring compliance with regulatory standards. It helps owners and associates clearly define their operational parameters and protects their interests in the transportation industry. By specifying terms regarding fees and compensation, the form aids in avoiding disputes, making it a valuable resource for legal assistants and partners involved in logistics and transportation agreements.