The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company or Organization is designed for use by contractors who operate independently while providing transportation services in Utah. This document outlines important rights and responsibilities between the Contractor and the Carrier, detailing requirements such as insurance coverage amounts, invoicing processes, and liability provisions for cargo transport. Key features include the mandate that the Contractor maintain appropriate insurance policies, the process for invoicing and payment within specified timelines, as well as the stipulation that all operations conducted under this agreement shall comply with federal regulations. This form is particularly useful for attorneys, partners, and legal assistants who need to ensure compliance and mitigate risks in contractual relationships in the trucking industry. It also serves as a valuable resource for owners and associates who may be engaging an independent truck driver, as it clarifies the operating terms and conditions while solidifying the independent contractor status. Moreover, paralegals can benefit by utilizing this agreement to draft and negotiate terms that protect both parties involved in a freight transport arrangement. Overall, the document serves as a comprehensive tool for those looking to formalize the relationship between truck drivers and carriers smoothly and legally.