The Owner Operator Lease Programs in Tarrant involve an Independent Contractor Agreement between a contractor (owner/operator) and a carrier company. This agreement outlines the responsibilities of the contractor, including transporting goods using their equipment, maintaining insurance, and providing documentation for shipments. Key features include insurance requirements, payment terms based on documented deliveries, and obligations for both parties during the transportation process. The form emphasizes the independent nature of the contractor's relationship with the carrier while detailing liability considerations and conditions for settling cargo claims. Filling instructions require contractors to provide necessary documentation within specified time frames and detail pay structures in an addendum. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for establishing clear terms in transportation agreements, ensuring compliance with legal requirements, and managing potential risks associated with freight transport.