The Owner Operator Lease in Texas outlines a formal agreement between an independent contractor, referred to as Contractor, and a carrier company. Key features of this document include provisions for transportation services, insurance requirements, invoicing procedures, and liability clauses. Contractors agree to maintain liability and cargo insurance while the carrier agrees to invoice clients on behalf of the Contractor. The form also emphasizes the independent contractor relationship, ensuring both parties understand their responsibilities, including the management of drivers and freight charges. Filling out this form necessitates careful attention to detail, including the documentation of shipments, insurance certificates, and the maintenance of safety regulations. Use cases for this document are crucial for attorneys, partners, and legal professionals working in transportation law, as well as paralegals and legal assistants who assist in contract management. They must ensure compliance with federal regulations and the protection of both parties' interests within the transportation industry in Texas.