The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company establishes the terms for collaboration between a contractor operating under FedEx in Maricopa and a carrier. Key features include the contractor's responsibility for transporting goods using their equipment and the carrier's obligation to provide necessary insurance coverage. The form outlines specific documentation requirements for invoicing and proof of delivery, essential for timely payments. It also stipulates liability for losses and the need for both parties to maintain adequate insurance. This agreement is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants as it ensures compliance with federal regulations while facilitating a transparent working relationship. Understanding this agreement helps users navigate the complexities of owner-operator arrangements, with provisions covering insurance, payment terms, and liability clearly laid out. It is of particular importance to legal professionals assisting clients in the trucking industry, ensuring that all parties are protected and informed about their rights and obligations.