The Independent Contractor Agreement for Owner Operator Lease Programs in Philadelphia establishes a formal relationship between a Contractor (owner/operator truck driver) and a Carrier (common carrier company). This document outlines key responsibilities, including transportation of goods and the required insurance coverage for both parties. Notable features include documentation procedures for invoicing, liability clauses, and safety protocols in case of delays or accidents. The form emphasizes compliance with federal regulations regarding cargo claims and liability. It serves as a comprehensive agreement governing payment structures, service provisions, and mutual protections against claims. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure that all necessary terms are documented, protecting client interests while also clarifying operating conditions. Use cases include establishing clear expectations between independent contractors and companies, mitigating risks associated with freight transport, and providing a structured approach to service agreements in the logistics industry.