RATES AND CHARGES/BILLING: JBI Logistics, LLC will invoice, and CARRIER will pay for the above transportation services performed on the basis of the rate of 8% PER LOAD OR 7% PER LOAD if running 4 or more trucks, of the tendered rate shown on separate LOAD RATE CONFIRMATION sheet. In the event that the carrier falls below the mimimum requirements for the discounted rate, they agree to be billed at normal dispatch rates of 8%. Payment to JBI Logistics, LLC by CARRIER shall be complete and final without recourse. CARRIER will pay invoices in compliance with the written payment authorization agreement contained within between JBI Logistics, LLC and CARRIER. A facsimile copy shall be sufficient to the same extent as an original, A FIFTEEN DOLLAR ($15) late fee will be assessed daily for all late payments. Once applied, late fees will not be removed from any invoices. They are expected to be paid in full, as per this agreement. A fee of $50 will be assessed for each load that is booked for CARRIER and not taken, due to no fault of that of the broker, LOAD FINDER or the shipper, solely due to that of the signed carrier. These fees will show on invoice as cancelled load with detailed information including that of locations and booked rate.
PAYMENT AGREEMENT: LOAD RATE CONFIRMATION must be signed and returned via email on each load moved to the Dispatcher. a.) CARRIER must call JBI Logistics, LLC when loaded with any information requested by Freight Broker or Shipper (such as Bill of Lading number, pieces and weight b.) CARRIER must call JBI Logistics, LLC when load is delivered to confirm delivery accepted without exception or other problem. c.) Any exception upon delivery must be immediately conveyed to JBI Logistics, LLC before the driver leaves the consignee's facility. d) It is the responsibility of the CARRIER to complete the carrier package from the freight broker or shipper. e.) it is the responsibility of the CARRIER to maintain the minimum insurance levels as prescribed by the F.M.C.S.A. and by the freight broker or shipper. f.) In the event the CARRIER wishes the LOAD FINDER to complete the Set-Up Carrier Packages, the LOAD FINDER will then assume the role of FREIGHT DISPATCHER. This task is included in the 8% dispatcher fee/7% dispatcher fee for 4 or more trucks. g.) The CARRIER authorizes the LOAD FINDER to execute and sign the SET-UP PACKAGES/RATE CONFIRMATIONS on his behalf to acquire the load. h.) CARRIER must agree to hold dispatcher and dispatch company harmless. i.) CARRIER must disclose any and all other loads/dispatchers/shippers/brokers that are finding and assigning loads to and for you.
INDEMNIFICATION: CARRIER shall defend, indemnify, and hold JBI Logistics, LLC harmless from and against all loss, liability, damage, delay, claim, fine, cost or expense, including reasonable attorneys' fees, arising out of or in any way related to the performanceor breach of this agreement by CARRIER, its employees or independent contractors working for CARRIER (collectively the "Claims"), including, but not limited to, claims for or related to personal injury (including death), property damage and claims related to; or arising out of CARRIER'S possession, use, maintenance, custody or operation of the equipment used for providing transportation services. CARRIER'S liability under this indemnification shall not be limited by the insurance coverages required.
ENTIRE AGREEMENT: This agreement constitutes the entire agreement between LOAD FINDER and CARRIER and may not be amended, modified, or waived except by written agreement, signed by LOAD FINDER and CARRIER. This contract cannot be changed, modified, limited, or supplemented by reference to any CARRIER rates, rules, classification, practice schedule or tariff.
DATE OF AGREEMENT EXECUTION: JBI Logistics, LLC of 2321 Sir Barton Way Suite 140 #1054 Lexington, KY 40509 and CARRIER have executed this agreement as of the day and year signed in this document.