The Owner Operator Lease Agreement printable with a carrier in Phoenix serves as a formal contract between an independent contractor and a common carrier company, facilitating the transportation of goods. This agreement outlines the responsibilities of both parties, including insurance coverage requirements, documentation needed for payments, and terms of liability. Key features include stipulations on cargo insurance, prompt communication regarding delays, and detailed billing procedures that ensure timely payment to the contractor. Users must fill in specific information such as names, addresses, and relevant details about shipments. This form is particularly useful for attorneys, business partners, and legal assistants involved in transport and logistics, as it clearly delineates the contractor's obligations and legal protections. It also aids in preventing client disputes through its comprehensive coverage of liability and operational protocols. Legal assistants and paralegals can leverage this form to streamline contract processes and maintain compliance with federal regulations, ensuring both parties are protected in their agreements.