The Agreement Owner Operator Contract for Trucking in Wayne outlines the terms between a Contractor and a Carrier for transportation services using the Contractor's equipment. Key features include mutual agreements on liability and insurance requirements, specifically stipulating that the Carrier must provide truck liability and cargo insurance. The document details the invoicing process, ensuring prompt payment within a specified timeframe upon receipt of proper documentation. It establishes responsibilities related to property transport, including liability for damages and necessary insurance coverage. Additionally, the Agreement includes stipulations regarding delays, claims settlement, and the maintenance of proper licensing for drivers. The Contractor is required to maintain independent operations and is prohibited from soliciting the Carrier's customers for two years post-termination of the agreement. This form is particularly useful for attorneys, owners, and paralegals as it clarifies operational responsibilities and legal protections, while ensuring compliance with regulatory standards. Overall, it serves as a comprehensive framework for regulating contractual relationships in the trucking industry, helping parties navigate potential liabilities and operational expectations.