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Owner Operator Independent Contractor Agreement
"I need an Owner Operator Independent Contractor Agreement for a truck driver who will be using their own vehicle to provide delivery services across London, starting from March 2025, with specific insurance requirements and performance metrics for on-time deliveries."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Services: Detailed description of services to be provided
5. Payment Terms: Compensation, invoicing, and payment schedules
6. Term and Termination: Duration and conditions for ending the agreement
7. Independent Contractor Status: Explicit confirmation of self-employed status and IR35 considerations
8. Insurance and Liability: Required insurance coverage and liability limitations
1. Equipment and Resources: Provisions regarding contractor-provided equipment and resources, including maintenance responsibilities
2. Intellectual Property Rights: Ownership and transfer of intellectual property created during the service provision
3. Non-Compete: Restrictions on competing activities and protection of business interests
4. Data Protection: GDPR compliance obligations and data handling requirements
1. Schedule 1 - Services Description: Detailed scope of services and deliverables
2. Schedule 2 - Payment Schedule: Detailed payment terms, rates, and expenses
3. Schedule 3 - Insurance Requirements: Specific insurance types and coverage levels required
4. Schedule 4 - Equipment List: Detailed list of contractor-provided equipment and maintenance requirements
5. Schedule 5 - Service Levels: Performance metrics, quality standards, and reporting requirements
Authors
Business Day
Commencement Date
Confidential Information
Equipment
Fees
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Laws
Operating License
Owner Operator
Principal Company
Services
Service Location
Service Standards
Term
Termination Date
VAT
Working Hours
Insurance Requirements
Health and Safety Standards
Payment Terms
Service Schedule
Subcontractor
Warranties
Work Product
Service Territory
Operating Permits
Performance Metrics
Payment Terms
Independent Contractor Status
Equipment and Resources
Term and Duration
Termination
Insurance
Liability and Indemnification
Health and Safety
Compliance with Laws
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Force Majeure
Assignment and Subcontracting
Notices
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Amendments
Third Party Rights
Warranties and Representations
Performance Standards
Record Keeping
Audit Rights
Tax Compliance
Business Continuity
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