The Independent Contractor Agreement is designed for owner operators with FedEx in Montgomery, establishing the terms between a contractor and a carrier. This form outlines the responsibilities of the contractor to transport goods using their own equipment while detailing insurance obligations, liability, and payment structures. It includes requirements for documentation, such as bills of lading and proof of delivery, ensuring smooth operations and compliance with federal regulations. Key features include the stipulation of insurance coverage amounts, liability clauses, and arrangements for invoicing and payments. The agreement emphasizes the independent contractor status, ensuring legal clarity regarding the nature of the relationship. It serves as a valuable tool for attorneys, partners, and owners by providing a comprehensive framework to secure the rights and responsibilities of each party. Paralegals and legal assistants will find it useful in understanding the specific terms that govern transport logistics and liability protections essential for operational success in the FedEx network.