The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company outlines a formal relationship between an owner/operator and a carrier for transportation services. Key features include the contractor's obligation to deliver goods, insurance requirements, invoice procedures, and liability responsibilities regarding cargo. The form specifies that the contractor will maintain certain levels of liability and cargo insurance, while also detailing payment timelines based on documented freight charges. This agreement is especially useful for attorneys, partners, and associates in the transport sector as it clearly outlines the responsibilities and protections for both parties. Paralegals and legal assistants can utilize this form to ensure compliance with state and federal regulations in drafting these agreements. Important filling instructions include ensuring all parties' details are accurate and agreeing on the payment terms clearly. Additionally, care must be taken when managing insurance documentation and maintaining the independent contractor status throughout the contractual relationship.