The Sample Lease Agreement for Owner Operator Trucking in Santa Clara outlines the contractual relationship between an independent contractor and a carrier company. Key features include the contractor's obligation to transport goods, insurance requirements, invoicing processes, and liability clauses regarding cargo handling. The form specifies documentation needed for payments, such as bills of lading and proof of delivery, which must be submitted within 48 hours post-delivery. It also addresses liability for potential damage or loss and includes indemnification provisions for the carrier. Intended for a broad audience, including attorneys, partners, and legal assistants, the form serves as a legally binding agreement that helps facilitate operational procedures and ensures compliance with both federal and state regulations. It is useful for anyone working within the transportation sector, as it delineates the responsibilities of both parties and protects their interests during the transportation of goods. Correctly filling out and negotiating the enclosed terms, particularly the compensation structure and renewal clauses, is critical for the effective implementation of this agreement.