Owner Operator Lease Agreement Sample Form

OWNER OPERATOR LEASE AGREEMENT
THIS agreement, entered into this ____day of ______________20___ between
______________________, (Hereinafter designated as “Carrier”), and
______________________, (Hereinafter designated as “Owner Operator”),
WITNESSETH:
WHEREAS, Owner Operator is engaged in the transportation of general freights of all kinds
(FAK) by motor vehicle as a contract Carrier and desires to transport goods for Carrier; and
WHEREAS, to facilitate such transportation and for the convenience in handling such
transaction, the parties have agreed to the terms and conditions under which transportation shall
be made, as hereinafter set forth.
NOW THEREFORE, in consideration of the premises and the mutual promises and conditions
herein contained it is hereby agreed as follows:
(1) GENERAL PROVISIONS:
(a) Owner Operator, in its operations hereunder, shall secure all permits, licenses and approvals
necessary for the accomplishment of the work to be done hereunder and shall comply fully with
all applicable laws, rules, orders and regulation of all governments and agencies thereof, whether
federal, state or local, and shall furnish Carrier with satisfactory evidence thereof whenever
requested to do so. Among other things, Owner Operator shall provide to Federal Motor Carrier
Safety Administration certificate showing Owner Operator holds contract authority from such
commission covering the commodities and transportation routes to which this agreement relates,
and Owner Operator shall give immediate notice to Carrier of any cancellation or modification of
such authority. When transporting hazardous wastes, substances to or materials pursuant this
agreement, Owner Operator shall comply with all applicable federal, state and local hazardous
wastes, substances or materials laws and regulations and shall furnish Carrier with satisfactory
evidence thereof whenever requested to do so.
(b) The Owner Operator hereby agrees to deliver for the Carrier for transportation, not less than
the following amount: one shipment of freight of all kinds (FAK) during a period of
____________________. The Owner Operator further agrees, subject to availability and loading
tendered for transportation by Carrier.
(c) All such cargo shall be transported hereunder in accordance with this agreement and the
provisions of Carrier’s tariff’s or service contracts applicable to such cargo. Cargo shall include
any containers in which goods are packed when received by Owner Operator hereunder.
(d) This agreement shall not be modified or altered unless in writing, signed by both parties to
this agreement.
(e) This contract shall terminate all previous contracts between the parties hereto relating to the
transportation Freight all kinds (FAK) and shall remain in full force and effect for the term of
this agreement.
(f) It is to be clearly understood and it is the intention of the parties hereto that Owner Operator
shall employ all persons operating trucks hereunder, that such persons shall be and remain the
employees of the Owner Operator, that the Owner Operator shall be an independent contractor of
the Carrier and that nothing herein contained shall be construed to be inconsistent with that
relation or status.
(g) It is further to be clearly understood that where the Owner Operator engages any
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