Owner Operator Contract Sample Clauses
An Owner Operator Contract is a legal agreement that outlines the terms and conditions under which an individual or business operates a vehicle or equipment owned by another party, typically in industries like transportation or logistics. This contract specifies responsibilities such as maintenance, insurance, payment terms, and operational guidelines, ensuring both parties understand their obligations. Its core function is to clearly allocate duties and risks between the owner and the operator, reducing misunderstandings and providing a framework for resolving disputes.
Owner Operator Contract. It is understood that every Owner Operator engaged by the Company shall enter into an Owner Operator Contract for Retention of Services marked as Appendix “A”.
Owner Operator Contract. Each Owner Operator must enter into a written fee for service contract and a written standards of performance contract with the Company. The provisions of the written contracts, existing and future, shall remain in effect and be enforceable by both the Owner Operator and the Company.
Owner Operator Contract. (a) It is understood that every Owner Operator engaged by the Company as a condition of his/her engagement is obliged to enter into an Owner Operator Contract for Retention of Services annexed hereto and marked as Appendix "A" (the terms of which may be varied as otherwise permitted or required pursuant to the terms of this Collective Agreement and all amendments thereto). The Company agrees not to enter into any individual Owner Operator Agreement or contract with members of the bargaining unit, either individually or collectively, which conflicts with the terms and provisions of this Collective Agreement.
(b) The Company shall provide the local Union office with a copy of each Owner Operator Agreement, signed by the Company and the Owner Operator. The Union shall have five (5) days to raise any concerns.
Owner Operator Contract. It is understood that every new Owner Operator engaged by the Company from the date of signing of this collective agreement shall, as a condition of his/her engagement, be obliged to enter into an Owner Operator Contract for Retention of Services annexed and marked as Appendix “A” (the terms of which may be varied as otherwise permitted or required pursuant to the terms of this Collective Agreement and all amendments thereto). The Company agrees not to enter into any individual Owner Operator agreement or contract with members of the bargaining unit, either individually or collectively, which conflicts with the terms and provisions of this Collective Agreement. The parties acknowledge the existence of Owner Operator Agreements signed between the Company and Owner Operators prior to the coming into force of this collective agreement but agree that any Clause (s) of such agreements are null and void if they conflict in any way with any of the provisions of the collective agreement. All new Owner Operators shall be considered as probationary for the first 90 calendar days of their engagement. There shall be no responsibility on the part of the Company in respect of probationary Owner Operators should their contract be terminated during this probationary period. The Company shall inform the Owner Operator and the Union in writing of the reasons for terminating the contract during the probationary period.