The Independent Contractor Agreement between an Owner/Operator Truck Driver and Common Carrier Company outlines the terms and responsibilities of a contractor engaging in transportation services for a carrier, specifically for those operating with FedEx in Hennepin. Key features of the form include obligations regarding insurance coverage, documentation requirements for payment, liability clauses, and the independent contractor relationship. It specifies that the contractor is responsible for maintaining public liability and property insurance and must provide proof of this insurance within specific timeframes. The agreement emphasizes clear invoicing procedures and outlines conditions for settling cargo claims under federal regulations. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is essential for ensuring compliance and managing the contractual relationship in logistics and transportation operations. Filling and editing instructions highlight the need for accurate information regarding the parties involved and their respective duties, ensuring clarity and enforceability. This agreement is particularly useful for those involved in managing or negotiating contracts within the freight and transportation industry.