Lease On Agreement Trucking Template

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Sample

Lease On Agreement Trucking Template

Printable | Editable Form




Lease On Agreement Trucking Template (1)
Between:
[Name of the Trucking Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
And:
[Name of the Owner-Operator]
[Owner-Operator ID]
[Owner-Operator Address]
Introduction:
This agreement is made to outline the terms and conditions under which the Owner-Operator will lease a vehicle from the Trucking Company starting on [Effective Date]. Both parties aim to establish a mutually beneficial working relationship.
Clause 1: Vehicle Description
The Trucking Company agrees to lease the following vehicle to the Owner-Operator: [Vehicle Description, VIN, Year, Model].
Clause 2: Lease Term
This lease shall begin on [Start Date] and shall continue until [End Date], with options for renewal subject to mutual agreement.
Clause 3: Compensation
The Owner-Operator shall receive compensation of [Amount] per mile/kilometer driven, payable on a [Weekly/Bi-weekly] basis, along with any applicable bonuses or incentives outlined in Schedule A.
Clause 4: Maintenance and Repairs
The Owner-Operator agrees to maintain the vehicle in good working condition and promptly report any issues. Maintenance costs will be covered by the Trucking Company unless due to the Owner-Operator’s negligence.
Clause 5: Insurance Requirements
The Owner-Operator must maintain insurance coverage, including liability and cargo insurance, and provide proof of such to the Trucking Company.
Clause 6: Termination of Agreement
This agreement may be terminated by either party with [Number] days’ notice in writing under conditions outlined in Section 7.
Clause 7: Governing Law
This agreement will be governed by the laws of [State/Country].
Signed in [City], [Date].
Sincerely,
[Signature of the Trucking Company Representative]
[Name of the Representative]
[Signature of the Owner-Operator]
[Name of the Owner-Operator]
Lease On Agreement Trucking Template (2)
Between:
[Name of the Trucking Company]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
And:
[Name of the Owner-Operator]
[Owner-Operator ID]
[Owner-Operator Address]
Introduction:
This Lease On Agreement is established to set the operational framework and responsibilities regarding the leasing of equipment and services from [Effective Date].
Clause 1: Equipment Details
The Trucking Company will lease to the Owner-Operator the following equipment: [List all leased equipment, including specifications].
Clause 2: Duration of Lease
This agreement will take effect on [Start Date] and will remain in effect for [Duration], unless terminated earlier as stipulated herein.
Clause 3: Compensation Structure
The compensation for the Owner-Operator will be structured as follows: [Specify rate per load, additional fees, etc.]. Payments will be processed [Payment Terms].
Clause 4: Responsibility for Vehicle
The Owner-Operator will be solely responsible for any damages incurred during the lease period, along with other specified responsibilities such as upkeep and compliance with regulations.
Clause 5: Insurance and Liability
The Owner-Operator must carry adequate insurance coverage and will indemnify the Trucking Company against any claims arising from the operation of the vehicle.
Clause 6: Conditions for Termination
The agreement may be terminated if [Specify conditions], with notice required at least [Number] days in advance.
Clause 7: Jurisdiction and Governing Law
This Agreement shall be governed and construed in accordance with the laws of [State/Country].
Signed in [City], [Date].
Sincerely,
[Signature of the Trucking Company Representative]
[Name of the Representative]
[Signature of the Owner-Operator]
[Name of the Owner-Operator]

Form

Please complete the form below to create the Lease On Agreement Trucking Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Lease On Agreement Trucking Template

1. Truck Owner Information


2. Company Information


3. Vehicle Details



4. Agreement Terms


5. Compensation Structure

6. Responsibilities of the Truck Owner

7. Responsibilities of the Company

8. Dispute Resolution

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Lease On Agreement Trucking Template

Printable | Editable Form




Lease On Agreement Trucking Template