Owner Vs Owner Operator In Wake
State:
Multi-State
County:
Wake
Control #:
US-00434BG
Format:
Word;
Rich Text
Instant download
Description
The Independent Contractor Agreement Between an Owner/Operator Truck Driver and Common Carrier Company outlines the responsibilities and liabilities of both parties involved in trucking operations in Wake. This form is essential for delineating the role of the owner/operator as an independent contractor, detailing their obligations to transport goods using their own equipment. Key features include requirements for insurance coverage, invoicing procedures, and liability provisions for cargo claims. The agreement stipulates that the owner/operator must provide specific documentation and maintain certain insurance limits, offering legal protection for both parties. It also emphasizes the prohibition of soliciting business from Carrier's clients, along with penalties for breach of this clause. Filling and editing instructions are not explicitly mentioned, but users are encouraged to complete the form accurately and retain copies for their records. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the transportation industry, as it helps ensure compliance with legal standards and protects their interests during business transactions.
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