The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization serves as a legally binding document to outline the terms and conditions of the relationship between a contractor and a carrier in Texas. This agreement is essential for owners with drivers, ensuring clarity regarding responsibilities such as transportation of goods, insurance obligations, and payment structures. Key features include detailed insurance requirements, invoicing procedures, and liability clauses that protect both parties in case of damages or delays. Filling out the form requires specific documentation to be submitted within set timeframes, including proof of insurance and delivery receipts. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured approach to managing contractual relations in the transportation sector. It also stipulates the contractor's obligations for maintaining appropriate insurance and reporting delays, thereby safeguarding the interests of the carrier. By utilizing this form, legal professionals can ensure compliance with federal regulations while establishing a clear framework for the independent contractor relationship.