The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company offers a structured framework for Owner/Operators engaged in transporting goods for a Carrier in Wake. This form outlines the mutual responsibilities, including insurance requirements, invoicing protocols, and liability coverage, ensuring both parties are clear on their obligations. Key features include detailed documentation requirements for payment processing, clear liability clauses for cargo loss, and stipulations for maintaining insurance. Additionally, the form establishes the relationship as that of independent contractor, clarifying the operational responsibilities and limitations for both parties. Target users such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for creating legally sound agreements tailored to the trucking industry. It simplifies the process of ensuring compliance with federal and state regulations concerning transportation services. Filling and editing instructions emphasize the need for accuracy and completeness to avoid disputes. This form serves as a critical tool in advocating for proper legal practices in the owner/operator business model.