The Independent Contractor Agreement for owner operators in Texas outlines the terms and conditions between a contractor and a carrier for transportation services. This contract requires the contractor to use their own equipment to transport goods and mandates that the carrier provides necessary insurance coverage. Key features include specified documentation requirements for payments, liability clauses, and provisions for communication in case of delays. Designed for attorneys, partners, owners, associates, paralegals, and legal assistants, the form serves in ensuring compliance with federal regulations and safeguarding the interests of both parties. It offers clear guidelines for insurance requirements, invoicing procedures, and the rights and responsibilities of each party. The form also addresses the independent contractor relationship, protecting the carrier from financial liabilities related to cargo and operational costs. Overall, this agreement is essential for ensuring all legal obligations are met and for facilitating smooth business operations between the contractor and carrier.