The Independent Contractor Agreement between an owner/operator truck driver and a common carrier company is a formal document designed for individuals operating as delivery drivers with vans in Virginia. It outlines mutual responsibilities, including transportation of goods and required insurance coverage, ensuring compliance with federal and state regulations. Key features include the delineation of payment terms, documentation requirements such as bills of lading, and liability clauses which specify the contractor's obligations in case of loss or damage during transport. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it clarifies the independent contractor relationship while providing a comprehensive framework for operational expectations. Additionally, it addresses critical points like cargo claims, the handling of delays, and the contractor's responsibilities for maintaining proper insurance coverage. Use cases for this agreement include establishing contracts for delivery services, ensuring legal protections for both parties, and outlining the framework for operational logistics in the transportation industry.