The Lease Agreement between trucking companies in Fulton outlines the working relationship between a Contractor and a Carrier for the transportation of goods. Key features include the requirements for insurance coverage, liability obligations, invoicing procedures, and documentation necessary for payment processing. The Contractor is responsible for providing transportation services using their own equipment while adhering to federal regulations for cargo transit. This document also includes clauses on delayed deliveries, rates for shipments, and restrictions on soliciting Carrier's customers. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial tool in establishing clear terms for partnerships in the trucking industry, ensuring legal protections and compliance with applicable laws. By utilizing this form, users can efficiently negotiate and formalize the arrangement between the Contractor and Carrier, preventing future disputes and fostering smooth operations.