The Owner Operator Lease on in Pima serves as a comprehensive agreement between an independent contractor and a carrier company for transportation services. This form outlines the responsibilities of both parties, including the requirement for the contractor to maintain specific insurance coverage, provide necessary documentation for payment, and execute a bill of lading. Key features include clauses addressing liability, insurance requirements, payment terms, and confidentiality regarding freight solicitation. The form also establishes that the contractor operates as an independent entity while allowing the carrier to invoice on behalf of the contractor. It emphasizes the legal framework governing the agreement, making it suitable for the transportation sector. This form is particularly useful for attorneys, partners, and associates in drafting enforceable contracts, while paralegals and legal assistants can utilize it for efficient documentation and compliance checks. Owners can benefit from its clear stipulations on insurance and liability, ensuring protection against potential claims.