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INDEPENDENT CONTRACTOR AGREEMENT GTS FREIGHT INC. an Mlinois Corporation, (CARRIER) an ICC Regulated Contract ‘Carrier, with office located at 364 Pinetree Lane ‘Unit Cl, Schaumburg, HL 60193 and. Sxyvess _ (WC"__ (INDEPENDENT), located at 2ras_ Stout Qk cSt goss with BIN in considération ofthe covenants “gad agreements contained herein, enter "mo this Independent Contractor Agreement (AGREEMENT), |. AUTHORITY OF CARRIER. CARRIER is engaged in business as an Authorized dantract Carrer of property by permission of the Unies States Interstate Commerce ‘Commission (ICC). The docket number assigned CARRIER by the ICC is swom to be MC- 971088 and USDOT # 2891194, 9. PROVISION OF SERVICES AND EQUIPMENT During the time period set forth in ‘his Paragraph, INDEPENDENT shall provide CARRIER transportation related services i the equipment set forth below or in an Append (Equipment). INDEPENDENT represents and warrants that INDEPENDENT has title to or is authorized to contract the Equipment and services to CARRIER, 3, DURATION OF AGREEMENT (49 CHR 376.1200). This Agreement shall begin on ‘peat indicated on the signature page of this Agreement, ‘and shall remain in effect ‘until terminated in accordance with the provisions ‘of Paragraph 10, Either party for any aa eareause may terminate this Apreement at anytime in accordance with the provisions of Paragraph 10. 4, COMPENSATION (49 CER 376.12(d)). The paries mutually agree shall pay to INDEPENDENT for trp: CARRIER will pay INDEPENDENT at rate of $___eents Pot mile, or_-_%of the price of the trip. ‘We do not pay the first by Carrier to Contractor within fifteen ‘that CARRIER fifty miles of each load. Payment of trip settlement will be made {415) days of submission ofall the documentation aquired by Carrier to obtain payment of freight charges ‘from the party responsible Therefore, Which must include all Bill of Landing, inspectog reports, fuel receipts, weight tekets, tip reports, report of mileage traveled in ‘each state, and any other eseerentation which Carrier shall require after heving the shipping order. 5, INDEPENDENTS RESPONSIBILITIES. x. Compliance with Pertinent Laws and Regulations, i SL ERDENT shall provide competent divers who most all of the requirements of the United States Department of Transportation, Fretuding but not limited to, familiarity and compliance with state and | federal motor cartier safety laws and regulations. jj, INDEPENDENT shall carry a copy ofthis Agreement inthe Equipment at all times and file with CARRIER, every Monday by 5 ppm. Central time, all log shests, physica! examination certificates, Pa at reports, and any other required data, documents, or repo" ii, INDEPENDENT agrees tat al bills of landing, waybis: freight bills, ne foen. or other papers identifying the property caried on the Equipment during the period i is contracted shall be hose of CARRIER or a carrir with which the Equipment has been subeontracted. jx INDEPENDENT further agrees not to receive any credit extension in CARRIER’S name or in any way to use CARRIER S nate (9 obtain Cie unless INDEPENDENT firs rosives CARRIER'S writen \ consent to do $0. \ INDEPENDENT agrees fo carry worker's compensation insurave® 6 \ ‘eoupational accident insurance, subject to the legal requirements of \ the Sate of Uinois and the state of INDEPENDENTS residence, a8 \ outlined in Appendix A to this Agreement, | b. Operational Expenses (49 CFR 376,12(6) \ an PENDENT shal, ails sole cost and expense, provide a the i Equipment ready to operate and fully roadworthy, including the | aaeary Heenses, permits, cab cards, vehicle identification same | rere state base plates, and shall furnish necessary oil fuel, tres, and \ ther parts, supplies and equipment nevessary or required for the safe ce nt eperation and maintenance of the Equipment, including Tepars forthe operation of such Equipments and shal poy all other reertnses incident fo such operation including, but not Limited Figura use tnxes, weight axes, tate property oF indefinite sits ses aera icense, permit and registration fees, ferry and toll eharaes: aoe Huteation and accessorial charges not collected by CARRIER tae save of INDEPENDENT’ failure to provide the required \ documentation | fi, IPCARRIBR receives a refund or credit for a state base plate | purchased by INDEPENDENT from, and isued in the nae of PURIIER, or if sich baseplate is authorized by INDEPENDENT to j Caaesli ty CARRIER to another INDEPENDENT, CARRIER shall | refund to INDEPENDENT a prorated share of the amount once | received by CARRIER, _ | iii, Unless otherwise required by law, emply mileage expense shall be bome by INDEPENDENT. | iv. INDEPENDENT shall be responsible for maintaining, and shall vvntain the Equipment in safe condition and in complete complianes tL law and regulations of the states in which INDEPENDENT. Uperates, dhe Departnent of Transporation, and the Federal Highway ‘Administration. y. INDEPENDENT agrees to pay al fines, including but not limited to safety or equipment fines, imposed for violation of any [aw OF regulation by the state in which INDEPENDENT operates, the | Department of Transportation, othe Federal Highway Administration, / ‘where such violation results, atleast partially, from the acts or | ‘omissions of INDEPENDENT vi: Bacept when tho violation rests from the acts or omissions of | INDEPENDENT, CARRIER shall assume, on regulated interstate i Toads only the risks and costs of fines for overweight and oversize | teailors when such trailers are preloaded and sealed, or the load is | containerized, or for improperly permitted over dimension and Gverweight loads, or the trailer of lading is otherwise outside of | INDEPENDENT’S control. c.- Cargo Claims (49 CFR 376.120). INDEPENDENT shall aise ately repor all cargo claims, including all shortages, overages oF othe tnveptions tthe cargo, to CARRIER, INDEPENDENT shall be Hike foreach cargo claim or accident for which INDEPENDENT is at fault ineding ‘but not Hare a dlay, shortage, misdelivery, and any damage claim relating f 10s dlamaged or contaminated loads, arising au of or in connestion with INDEPENDENT’S services. 4. Trailer Damage (49 CER.376.12(0). INDEPENDENT shall be liable f Tor, damages to CARRIER equipment, including but not limited to, towing charges and reasonable attomey’s fees, atising out of, or in connection with, INDEPENDENTS use of, CARRIER’S trailers, CARRIER’S customer's trailers, other equipment of CARRIER’S, or equipment of any other carrier. d pay fe, Insurance (49 CER 376.12G)). The responsibilities and obligations between CARRIER and INDEPENDENT involving insurance shall be as specified in Paragraph 5, subparagraph d, and in Appendix A, CARRIER shall have no insurance responsibilities or obligations pertaining to INDEPENDENT other than those expressly stated in this Agreement or mandated by law, In ease of accident CARRIER will cover only amount of damage that covers by insurance company. It will bo INDEPENDENT’ responsibility to pay the difference. £ Accident Reports, INDEPENDENT shall immediately report any accident to CARRIER involving operations under this Agreement, including INDEPENDENT’S written report of such accident within thirty-six (36) hours of the accident. In the event INDEPENDED fails to notify CARRIER of the accident as required herein of the accident’s ocourrence, this Agreement may be terminated. g. Reporting Requirements, INDEPENDED shall call CARRIER’S dispatch office cach day between the hours of 8:00 a.m. and 9:00 a.m. Central time and again between the hours of 2:30 p.m. and 3:30 p.m, Central time to notify CARRIER of INDEPENDENT’S progress and delivery schedule/availability. Non-compliance with this paragraph will result in a fifty dollar ($50.00) penalty assessed against INDEPENDENT for each violation. hh. Duty to Inspect Equipment, INDEPENDENT acknowledges that it is familiar with conditions imposed on the occasion of the use of rental equipment, and acknowledges the need for inspection of that equipment upoti receipt. i. Duty to Obtain Customer Approval. INDEPENDENT understands its obligation to obtain customer signatures upon delivery for freight delivered to customers. INDEPENDENT shall obtain signed bills of lading indicating a clear delivery of freight; otherwise a call must be placed to CARRIER. INDEPENDENT shall only be due compensation when clear delivery receipts are provided to CARRIER. |. Shipper’s Load and Count, If INDEPENDENT is tendered a load sealed by the shipper, INDEPENDENT is to notate “shipper’s load and count” upon the shipping documents and bills of lading. k. Failure, In the event that INDEPENDENT fails to complete a trip, abandons a shipment, suffers a breakdown or accident that prevents INDEPENDENT from fulfilling INDEPENDENT’S obligations, or otherwise subjects CARRIER to liability directly or indirectly, INDEPENDENT shall receive no compensation for the services performed on said activity, and CARRIER shall have the right to complete performance in any manner of method it sees fit, using substituted ‘equipment or services. INDEPENDENT shall be due from the compensation of its trip, in the event that its failure to perform result from other than its own. negligence, the difference between the amount duc and the cost to complete the tip performance, 6, CARRIER'S RESPONSIBILITIES, 1a. Exclusive Possession and Responsibility (49 CFR 376.12(c)). The Equipment shall be for CARRIER’S exclusive possession, control, and use for the duration of this Agreement. CARRIER shall assume complete responsibility for the operation of the Equipment for the duration of this Agreement. This subparagraph is set forth solely to conform to federal leasing regulations and shall not be used for any other purposes, including any attempt to classify INDEPENDENT as an employee of CARRIER b. Inspection of Equipment, Carrier certifies that, before taking possession of the Equipment, the Equipment was inspected by one of its responsible and competent employees or agents, ©. Mentification of Equipment (49 CFR 376.11(c)), CARRIER shall identify the Equipment in accordance with the requirements of the Federal Highway ‘Administration, Department of Transporation, and appropriate state regulon) | ‘agencies. CARRIER shall have the right to place and maintain on the Equipment | GARRIER’S name and any lettering, advertisement, slogans or designs 3 \ CARRIER may choose. INDEPENDENT shall remove such identification at the | CANation ofthis Agreement and immediately retum such identifications 0 CARRIER. INDEPENDENT further agrees to keep the Equipment in clean appearance and identified as described herein tits sole cost and expense. | 4. Tedurnnce, Unless authorized to be self-insured, CARRIER shall maintain trailer | Interchange, public liability, property damage, and cargo insurance in such tnounts, not less than limits, as are required by the Federal Highway | Admi ‘sation, Department of Transportation, and applicable state regulatory | agencies. CARRIER shall maintain insurance public pursuant to the Federal Highway Adm werage for the protection of the | stration’s regulations under 49 US.C. § 13906. INDEPENDENT shall be responsible for any and all damages to | CARRIER equipment while in the possession or control of INDEPENDENT, its agents or employees if attributable fo the accident or driver negligence. ce. Availabilty, Pursuant to this Agreement, CARRIER agrees to make freight or equipment available to INDEPENDENT for transportation f such times and in | Sieh amounts as CARRIER may choose to offer and INDEPENDENT may | spogee to accept. CARRIER does not guarantee any specific number oF frequency of loads and INDEPENDENT is free to accept or reject any freight or | equipment offered. Testing and Records, CARRIER shal provide forthe benefit of INDEPENDENT | the following: i. Medical physical testing, for its drivers as prescribed by the US DOT. | aaeewal ead/or random drug soreening of her/himself and its drivers. | Pre-employment drug screening for prospective drivers. | iv, Pre-employment validation of driving experience and insurance information. ¥._ Storage of driver's logs and trip shoets in accordance with the rules determine by the US DOT. | 7. CUSTOMER SATISFACTION. INDEPENDENT and CARRIER agree that customer ceestetion is of erucial importance to them in the performance of the obligations saeeinder, Accordingly, each party pledges tothe other that it will conduct itself in & serenar that seeks to promote such customer satisfaction and will epor to the otter any | “Tanpcoments alterations or disputes involving any customer, ts agents or empheyess- 8, INDEPENDENT NOT EMPLOYEE OF CARRIER. It is expressly undersiood and Myecd that INDEPENDENT isan independent contactor forthe Equipment and driver services provided pursuant to this Agreement, and that INDEPENDENT agrees 10 Tefond, indemnify and hold CARRIER harmless for any claims, suits, or actions, | {including reasonable attorney’s fees in protecting CARRIER’S interests, brought by | INDEPENDENT, employees, any union, the public or state or federal agencies, arising ‘out of the Equipment pursuant to this Agreement. In this regard, INDEPENDENT hereby | Gssumes full control and responsibility for all hours scheduled and worked, wages, SElaies, workers’ compensation and unemployment insurance, state and federal taxes, fringe benefits, and all other costs relating tothe use of drivers provided by | INDEPENDENT pursuant to this Agreement. Proof of such control and responsibility ‘hall be submitted to CARRIER by INDEPENDENT as required by CARRIER and may include, but not be limited to, proof of high sway use tax being currently paid when the INDEPENDENT purchases the license; proof of income tax being currently paid; proof of payment of payrol tax for INDEPENDENT’ drivers and a certificate of insurance | softening a 30-day notice of change andior cancelation clause. As required by law, | CARRIER agrees to file information tax returns (Form 1099) on bebalf of INDEPENDENT if INDEPENDENT is paid more than the statutory amount in compensation during a calendar year. 9, REPLACEMENT OF EQUIPMENT, itis inthe best interests of both CARRIER and INDEPENDENT that good, serviceable equipment is used. Therefore the ensuing ftems shall be followed: ‘Equipment shall not be more than five (5) years old from the date of commencing | equi amien a Laaipment shall not be more than eight (8) years old before it | c. should bo replaced, However, if equipmet passes US DOT inspection and | CARRIER’S insurance approval the equipment may remain in service fora | Tonger period, at CARRIERS diseron Hany equipment becomes in operatives \ DEPENDENT has the option of | replacing said equipment ‘When equipment becomes ‘unserviceable, uninsurable, oF ‘wamanageable, the INDEPENDENT has the option {> replace such equipment with comparable | equipment orto temminate the “Agreement with an immediate ‘written notice (0 | GIRRIER as soon as the information ‘becomes apparent. | 10. TERMINATION, 1 a ‘Means of Termination. This Agreem ert shall be continuous and may be ercrinated, at any time, by ether Paro) PN Frfugon (15) days watten notice OF | rermaaiatey inthe event of 2 broach Dy ihe other of any term or obligation | imfained in this Agreement Jn the ever + va breach and when practicable, covtten notice shall be served upon the Teaching party, notifying such Pasty of | he breach and the termination ofthe ‘agreement and reason(s) therefor hin | toe RIRIER’S judgment, INDEPENDENT i subjected CARRIER to liability because of INDEPENDENT’S acts 0 ‘omissions, CARRIER may take possession | of the lading entrusted t© WNDEPENDENT and complete performer using the sims equipment or any other equipment Taauch event, INDEPENDENT shalt | sae any recourse against CARRIER fot nation and INDEPENDENT shall a parse CARRIER forall iret or indies Sats, expenses, ordamages | ‘ecluding reasonable attomney’s Fees saad by CARRIER as a result of | ine ARIER’S taking possession of the aging nad completing performance: | Forfeiture of Bsorow Funds. If or PENDENT terminates this Agrostent | otf providing the required fifteen (15) dys? notice, INDEPENDENT, vinmediately forfeits his/her Security ‘Deposit Funds to CARRIER #6 penslty for | termination without notice. t Return of CARRIER Provid Property, Upon termination of this Agreement an prior to final compensation, INDEPENDENT shall return £0 CARRIER placards, mobile radios, satelite ipmont, delivery receiPs S81 i Piaeat per materials, equipment and SUPP ‘belonging to ot provided by CARRIER. In the event that DEPENDENT is unwilling oF unable return | AP materials pan demand, CARRIES deduct the costs of same as set forth in the receipt given by SEPENDENT from any funds belonging | INDEPENDENT and within CARRIERS possession (e.g Esotow Funds) INDEPENDENT shall indemnify and held eARRIER harmless for claims fines aphtes ooeasioned by INDEPENDENT’ S ‘pilure to return or remove such | placards. CARRIER is given fen DPS any undistributed compensation ~ from whic to satisfy these obligation’ | Settlement. INDEPENDENT y nderstands that CARRIER incurs substantial start ‘ap costs in bringing on a new WASEPENDENT. Therefore, should the AP secment be terminated before @ period af aix (6) months by either partys | Ae PENDENT agrees that CARRIER shall have the right to charge the / INDEPENDENT back for startup ‘costs ineurred on behalf of the | INDEPENDENT. These costs may include BY ‘not limited to, the following: MShiole signage expenses; stickers, perm ve ‘and licenses expense for samne yearned on behalf of the INDEPENDENT Sere fend liability insurance | fexpenses for insurance obtained Om haf of the INDEPENDENT; and medical texpenses fos any DOT examinations (rug, alcoho, ete). CARRIER shall dedvet cae sets from INDEPENDENTS final “Sompensation oF from the | INDEPENDENTS eserow account prior #2 esotution of escrow funds | 11, ARBITRATION. In the event that INDEPENDENT disputes any deductions made by CARRIER from INDEPENDENTS Nompensation, and such dispute canne’ be vcecled boy mutual agseement, the dispute shat ‘be eubmitted to final and binding arbitration. | “Arbitration may be requested bY ‘INDEPENDENT by iving writer notice to CARRIER ‘gn or before the tenth (104) day following deduction of the disp Cispted shall be heard by two (2) Peon, Ae (A) similarly situated contractor selected oe eC DENDEN yuted amount. The | Tr and one (1) person selected by CARRIER. Hf these two 2) | arbitrators cannot agree, they shall choose a third impartial arbitrator whose decision shall be final and binding on both parties. Any arbitration under this paragraph, shall be conducted in the State of Illinois, and, if an impartial arbitrator is involved, in accordance ‘with the commercial arbitration rules of the American Arbitration Association. The judgaient rendered by the arbitrators may be entered in any court having jurisdiction. The ‘partes shall shate equally the fee and expenses of the third arbitrator, if any, and the successful party shall be entitled to recover from the other party the costs incurred, including reasonable attorney's fees. 12. SETTLEMENT PERIOD (49 CFR 376.12()) CARRIER shall settie with INDEPENDENT with respect to services provided under this Agreement after TNDEPENDENT’S submission, in proper form, of those documents necessary for CARRIER to secure payment, including, but not limited to, the signal freight bil, delivery receipt or bill of lading, and property completed logs as required by the Depariment of Transportation. 13. INDEPENDENT NOT REQUIRED TO PURCHASE PRODUCTS, EQUIPMENT, OR SERVICES FROM CARREER (49 CFR 376.12(D). INDEPENDENT is not required to purchase or rent any products, equipment, or services from CARRIER as @ condition of entering into this Agreement. 14, CHARGE BACK (49 CFR 376.12(h)). CARRIER shall charge back to INDEPENDENT at the time of payment or settlement, any expenses CARRIER has borne that, under this Agreement, INDEPENDENT is obligated to bear. Such expenses shall be deducted from the amount of INDEPENDENT’ S compensation and shall include, but not be limited to, those expenses set forth in this Agreement as well as C.O.D. (cash-on-detivery) and freight collect remittances due CARRIER, cargo claims, property damage, log books, towing charges, the $2,500.00 deductible, reasonable attorney’s fees incurred in reducing potential liabilities arising out of, or in connection with, INDEPENDENTS actions or failure to act under the terms of this Agreement, and all state tax licenses, permits, and stamps. CARRIER shall provide INDEPENDENT written itemization and documentation of all charge backs prior to making such charge backs. 15. FINAL SETTLEMENT (49 CFR 376.12(0). With respect to final settlement, the failure on the part of INDEPENDENT to remove all identification devices of CARRIER, and, except in the case of identification painted directed on the Equipment, return them to CARRIER in any reasonable manner, shall constitute a breach of this Agreement, Such entitle CARRIER to withhold any payments owed to INDEPENDENT until such obligations are met. The parties agree that, in addition to any other right, remedy or claim CARRIER may have, INDEPENDENT shall pay CARRIER twenty-five dollars ($25) per day for INDEPENDENT’S failure to remove and/or return such identification. 16, ESCROW FUNDS (49 CFR 376.12(1). INDEPENDENT authorizes CARRIER to establish an escrow in accordance with the provisions set forth in Appendix B. 17, LUMPING AND DETENTION (49 CFR 376.12(6)). INDEPENDENT shall be responsible for the loading or unloading of such property at INDEPENDENT’S expense. Further, detention charges that are collected by CARRIER shall be ditectly paid to INDEPENDENT in accordance with its compensation percentages. 18, BENEFIT. This Agreement shall be binding upon and inure to the benefit of the parties to this Agreement and their respective successors. 19, NOTICE. Alll notice provisions of this Agreement shall be in writing delivered personally, by postage prepaid, first class mail, or by facsimile machine to the addresses or fax number shown at the end of this Agreement and shall be deemed delivered upon receipt if personally delivered, upon successful transmission if by facsimile, or on the second business day after the date of mailing if notice is placed in the United States Mail. 20. COMPLETE AGREEMENT. This Agreement, including any Appendices attached, ‘constitutes the sole, entire, and existing agreement between the parties herein, and supersedes all prior agreements and undertaking, oral and written, expressed or implied, or practices, between the parties, and expresses all obligations and restrictions imposed ‘on each of the respective parties during its term, except those specifically modified or changed by mutual written agreement between CARRIER and INDEPENDENT. 21. CHOICE OF LAW. The laws of the State of Iinois shall govern the validity, it |, construction and performance of this Agreement. 3p. SENERABULATY. The invalidity or unenforceability of any provision(s) of this | ‘Agreement shall not affect that validity or enforceebilty of any other provision hereof, | ‘which shall remain in full force and effect. IN WITNESS WHEREOF, the parties have executed this Agreement on the date shown below. | Date: _ 5 [lb | | | Carrier: GTS FREIGHT INC. Contractor, RON Exgyes we By (print name): Sebastian Hugeanu By @eint nami: © HEOP CHE Rosch ‘Title: President Title: QeosiQor | Signature: hy Signature: 2 \ INDEPENDENT CONTRACTOR AGREEMENT INDEPENDENT CONTRACTOR AGREEMENT | APPENDIX A j INSURANCE | Ttis the sole responsibility of INDEPENDENT to x ce on any an all employees aected by the. | Speration ofthis equipment as required by inks ‘State Law and/or other States? workmen’s compensation requirements. Ttis understood and agreed INDEPENDENT | will hold CARRIER! harmless and defend CARRIER from any ‘and all workmen’s | compensation claims filed by INDEPENDENT, INDEPENDENT’S drivers, and/or any ‘other employees of INDEPENDENT involved in its operation of leased equipment. INDEPENDENT will provide CARRIER ‘with a copy of its current Workmen's Compensation Policy and name ‘CARRIER as additional insured thereon. ‘CARRIER does | ‘not provide ‘Workmen's C ompensation Insurance for INDEPENDENT or its employees | and the State of Hlinois law does not require CARRIER to do 50. | _ Workmen’s Compensation Insurance. maintain Workmen’s Compensation Ins | INDEPENDENT shall furnish to CARRIER written certificates obtained from | JNDEPENDENT’S insurance carrier showing that all insurance coverage ‘required above | thas been procured from an admitted carrier in INDEPENDENT’S state, is being properly | 2 ee ead the premiums therefore are paid, specifying He of the insurance ser the policy nuraber, the expiration date, naming CARRIER as a certificate holder | and further showing that written notice of ‘cancellation ot modification of the policy shall be given to CARRIER at least thirty {G0) days prior to such cancellation oF modification. INDEPENDENT and/or any employees, officer, or director of INDEPENDENT shall not! “opt out” of coverage on such required insurance. | In addition to the insurance coverage ‘required under this Agreement, it is | INDEPENDENTS responsibility to procure, catty, ‘and maintain any fire, theft, | aaoried and/or underinsured motorist and collision insuranes cover that INDEPENDENT may desire for the equipment. SNDEPENDENT, on behalf of itself and| its drivers, hereby (a) acknowledge that CARRIER provides no uninsured motorist, || ‘underinsured motorist, collision insurance, OF ‘worker’s compensation insurance coverages {hy waives any claim against CARRIER for entitemens benefits under such insurance | coverage; and (c) releases CARRIER from any ‘obligations to provide such coverage. | INDEPENDENT CONTRACTOR AGREEMENT APPENDIX B SECURITY DEPOSIT Jn the event that CARRIER exercises its right to establish a Security deposit as set forth in Paragraph 16 of the Agreement, the following shall be applicable: 1. The amount of principal to be held in security deposit shall be one thousand five hundred dollars ($1,500.00). The principal shall be founded in one-lump sum or dedueted from INDEPENDENT'S settlement ata rate of one hundred dollars ($100.00) per week until the amount is paid in full. 2, Security deposit Funds shall be held by the CARRIER for the purpose of insuring compliance withthe provisions of the Agreement and may be applied to the applicable Paragraphs in the Agreement. 3, While security deposit Funds are under CARRIER’S control, CARRIER shall provide an accounting to INDEPENDENT of all transactions involving such funds by clearly indicating on individual settlement sheets the amount and description of any deduction or addition made to the security deposit CARRIER shall provide signed receipts t© INDEPENDENT for any deposits to such fund. 4, Upon INDEPENDENT'S request, CARRIER shall provide INDEPENDENT with an accounting of any transactions involving INDEPENDENT’ security deposit Funds, 5. Security deposit Funds shall be repaid upon the termination of the Agreement provided INDEPENDENT promptly returns to CARRIER all items supplied by CARRIER, including, but not limited to, all signs, licenses, permits, notices, tax cards, operating authority, and other paperwork and property belonging to the CARRIER, The Amount of Security Deposit Funds may be reduced to reflect expenses incurred by CARRIER with respect to any efforts undertaken by CARRIER to seek return of such items. Any such reductions shall be accounted for in the final period provided by CARRIER. 6. Security Deposit Funds, less any reductions as set forth at Paragraph 5, subparagraph b, Paragraph 10, subparagraph c, and Paragraph 16, shall be repaid within ninety (90) days from the date of termination of this Agreement, INDEPENDENT CONTRACTOR AGREEMENT APPENDIX C Description of the Equipment (truck tractor) subject to this lease: Unit assignea: 203 Year: 2016 Make;_YOLVO__ vin. 4VAWCSIE YY GNSS 41s, License plate state:_} License plate number: PyosST If applicable, description of the Equipment (trailer) subject to this lease: ‘Unit # assigned: _ Year: Make: VIN: License plate state: License plate number: ‘These addendum’s void any past addendum or leases. 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