The Independent Contractor Agreement outlines the terms between an owner/operator truck driver and a common carrier company in Ohio, specifically tailored for those operating with FedEx. It emphasizes the contractor's responsibilities, including transporting goods with their own equipment and adhering to insurance requirements, such as liability and cargo coverage. Key features include the payment process, where contractors must provide documentation to receive payments within 45 days. This agreement also establishes the liability of the contractor in case of damaged or lost goods during transport. Additionally, it clarifies the independent contractor relationship, ensuring that contractors cannot solicit the carrier's customers without repercussions, thus protecting the carrier's business interests. For target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants, this agreement helps delineate the legal responsibilities and risks associated with operating as an owner/operator with FedEx in Ohio. It serves as a foundational document to guide negotiations, ensure compliance with federal regulations, and solidify business relationships.