The Independent Contractor Agreement for owner operators with cargo van in Queens establishes a professional relationship between a contractor and a carrier for transportation services. This form details the obligations of each party, including insurance coverage, payment terms, and liability for goods transported. Key features include the requirement for both parties to maintain specified insurance levels, the documentation necessary for payment, and guidelines for settling cargo claims under federal regulations. The agreement emphasizes the independence of the contractor while allowing the carrier to act as an agent for invoicing. It also outlines the conditions under which the contractor may not solicit the carrier's customers and includes provisions for unforeseen circumstances affecting transportation. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants, providing them a clear framework for managing contractor relationships, ensuring compliance with legal requirements, and mitigating risks associated with cargo transportation.