The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company is designed for owner operators needed in Montgomery, facilitating clear terms for transportation services. This agreement outlines the responsibilities and liabilities of both the Contractor and the Carrier, ensuring compliance with federal regulations. Key features include the requirement for proper insurance coverage, documentation for payment, and detailed invoicing processes, ensuring that contractors are compensated promptly. It specifies the contractor's liability for transported goods and mandates timely communication regarding delays or accidents. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it clarifies the independent contractor relationship, provides a framework for negotiations on rates, and reinforces the legal protections afforded to both parties. The clear formatting and structured details facilitate easy understanding and execution, making it accessible for users with varying levels of legal experience in the transportation industry. Filling out this form requires users to complete specific sections regarding service commitments, payment processes, and insurance documentation, which can aid in establishing trustworthy partnerships between contractors and carriers.