The Independent Contractor Agreement between an Owner/Operator Truck Driver and Common Carrier Company or Organization is designed for owner operators with own authority in Travis. This form outlines the responsibilities of both the contractor and the carrier, detailing the process for transportation services, insurance coverage requirements, invoicing, and liability. Key features include the requirement for the contractor to maintain specific insurance levels, the process for submitting necessary documentation, and the relationship defined as that of independent contractors, focusing on mutual obligations and protections. It is essential for users to accurately fill in specified details, ensuring compliance with regulations and avoiding disputes. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form particularly useful for drafting contracts that set clear expectations and legal protections, thereby minimizing risks when engaging owner operators. Additionally, this agreement can serve as a basis for negotiations regarding terms and pricing, ensuring that all parties understand their rights and obligations under the contract.