The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization outlines the mutual obligations of both parties in Illinois. The contract delineates the relationship between the Carrier and the Contractor, emphasizing that the Contractor operates as an independent contractor responsible for the transportation of goods. Key features include requirements for liability and cargo insurance, payment terms, and the documentation necessary for transactions. Specific filling instructions are provided for both parties to complete requisite sections, such as addresses and contact numbers. The agreement also incorporates provisions for liability, insurance coverage, and a detailed outline of responsibilities regarding freight charges and claims. It prohibits the Contractor from soliciting business from the Carrier's customers to ensure the Carrier's interests are protected. The form can be used by attorneys, paralegals, and associates to draft legal agreements ensuring compliance with federal and state regulations while protecting the interests of both the Carrier and the Contractor. This document serves as a critical tool for owners and partners within the transportation industry to formalize their business relationships and mitigate risks.