The Owner operator lease agreement template for trucking company in Montgomery outlines the relationship between a contractor and a carrier for transportation services. This agreement details the contractor's responsibilities for transporting goods using their own equipment and specifies insurance coverage requirements for both parties. Key features include documentation requirements for payment processing, liability terms for lost or damaged goods, and provisions for handling delays or accidents. It highlights the contractor's liability in relation to the bill of lading and includes stipulations regarding non-solicitation of the carrier's customers. Furthermore, the agreement clarifies that the contractor operates as an independent entity with specific adherence to federal regulations. This document is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework for contractual relationships, risk management, and compliance with legal standards in the trucking industry. When utilizing this template, users should complete the necessary sections, adhere to the outlined responsibilities, and ensure all legal requirements are met.