The Owner operator agreement template with trucking company in Tarrant is a comprehensive legal document that outlines the relationship between an owner/operator truck driver (Contractor) and a common carrier (Carrier). This agreement specifies the Contractor's responsibilities, including the transport of goods using their own equipment, and details the insurance requirements, such as liability and cargo insurance minimums. The template includes clear guidelines for invoicing and payment processes, ensuring the Contractor is compensated within a specified timeframe upon providing necessary documentation. Key features of the agreement address liability for loss or damage to goods, communication protocols for delays, and the stipulation that the Contractor must maintain specific insurance coverage. Important use cases for this template target attorneys, partners, owners, associates, paralegals, and legal assistants within the trucking industry, providing them a reliable framework for drafting contracts that protect the interests of both parties. The form includes provisions to prevent solicitation of Carrier's customers by the Contractor, enhances clarity regarding the independent contractor relationship, and complies with federal regulations. Additionally, the template facilitates easy customization by users, allowing for the incorporation of specific terms and conditions relevant to individual agreements.