The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company outlines a formal relationship between an owner/operator (Contractor) and a Carrier, specifically focusing on the roles and responsibilities in Queens. Key features include the insurance obligations of both parties, the process for invoicing and payment within a specified timeframe, and stipulations regarding liability for freight damages. The agreement emphasizes the independent contractor status of the Contractor while granting the Carrier the agency for collections, thus establishing clear terms for compensation and liability. Filling out this form requires identifying the parties and their respective addresses, detailing insurance coverage, and including a clear description of services rendered. This form is particularly useful for attorneys, partners, and associates in the transportation field who represent either Contractors or Carriers, as it provides a clear framework for operational and financial responsibilities. Paralegals and legal assistants can utilize this document to facilitate negotiations and ensure compliance with state regulations, making it an essential resource for ensuring clarity and legal protection in business dealings.