CARRIER BROKER AGREEMENT & STATEMENT OF WORK

TROY LOGISTICS LLC 

38 Macon St

McDonough, GA 30253

MC: 460766 / FIN: 16-1648827

Phone: 770.305.9700

Dear prospective Carrier, 

Thank you for your interest in being a carrier for Troy Logistics, LLC. To qualify as an approved carrier you must provide the following information. If carrier’s truck gets loaded before signing the Carrier Broker Agreement (CBA) herein, carrier assumes all liability for the load(s). Your prompt response is appreciated.

Along with this signed CBA, you must submit the following.
1. A copy of your current insurance certificate indicating your insurance coverage for any and all trucks operating under carrier’s authority(s).
2. A copy of your operating authority(s) including any Canadian authority, hazardous materials authority, etc.
3. A current W-9.
4. A signed copy of the Troy Logistics’ Carrier Broker Agreement. 

Thanks, 

Troy Logistics, LLC

This Agreement between 

a CARRIER (referred to hereafter as “Carrier”) organized under the laws of 

and TROY LOGISTICS, LLC, a BROKER (referred to hereafter as “Broker”) organized under the laws of GEORGIA, is entered into for the purpose of specifying the terms and conditions under which Broker will engage Carrier to perform motor contract carriage and related services for Shippers (the "Services”), and under which Carrier will render those Services (Carrier and Broker referred together hereafter as “Parties”).

TERMS AND CONDITIONS

SECTION 1 - LEGAL STATUS OF PARTIES AND SERVICES

SECTION 1.A - REPRESENTATIONS

Carrier represents and warrants that it is duly registered with Federal Motor Carrier Safety Administration (FMCSA) as a for-hire motor carrier of property in interstate and foreign commerce pursuant to 49 U.S.C. § 13902. Broker represents and warrants that it is duly registered with FMCSA as a property transportation broker pursuant to 49 U.S.C. § 13904. If such registration is no longer required in the future, Broker represents and warrants that it meets the definition of “broker" found at 49 U.S.C. §13102(2) and shall function accordingly. The Parties shall render all Services in a competent and professional manner, and in accordance with all applicable federal and state laws and regulations of the jurisdiction(s) within which the Services are rendered.

SECTION 1.B - CONTRACT CARRIAGE

All Services performed by Carrier pursuant to this Agreement shall be as a motor carrier of property in United States interstate or foreign commerce and shall be rendered as contract carriage within the meaning of 49 U.S.C. § 13102(4)(B) and 14101(b). In connection with contract carriage Services, Broker and Carrier hereby expressly waive all provisions of Chapters 137 and 147 and any other provisions of Subtitle IV, Part B of Title 49, United States Code, to the extent that such provisions are in conflict with express provisions of this Agreement. The Parties do not, however, waive the provisions of that subtitle relating to registration, insurance, or safety fitness.

SECTION 1.C - RELATIONSHIP OF PARTIES

The relationship of Carrier to Broker is that of an independent contractor. By this Agreement the Parties do not intend to provide for division of profits between Carrier, Broker and/or any Shipper, or to clothe Broker and/or any Shipper with joint control over Carrier's performance of the Services, or otherwise to create a de facto or de jure joint venture, joint enterprise or partnership between Carrier, Broker and/or any Stupper. Under no circumstances shall employees or agents of Carrier be deemed employees or agents of Broker or Shipper, nor shall Broker or Shipper be liable for any wages, fees, payroll taxes, assessments or other expenses relating to employees or agents of Carrier. Any and all day to day operations of the Carrier are under the sole control of the Carrier and NOT under any circumstances under the control of the Broker.

SECTION 2 - SCOPE OF SERVICES

SECTION 2.A - TERRITORIES AND COMMODITIES

The geographic and commodity scope of the Services shall be as set forth, and amended from time to time. Under no circumstances, however, shall Carrier render Services beyond the scope of its FMCSA registration (as it may be amended from time to time) unless the Services are exempt from legal requirements for such registration or authority.
SECTION 2.B - DOUBLE BROKER, RE-BROKER, INTERLINE, AND SUBCONTRACTING

Carrier shall not double broker, re-broker, interline or subcontract any Services to third parties without giving prior notice to Broker and obtaining Broker's written consent. Any such subcontracting, with or without notice and consent, shall not affect Carrier's responsibilities or liabilities to Broker under this Agreement. As between Broker and Carrier, all costs of rendering the Services (including compensation of subcontractors as well as payment of all taxes or other governmental assessments imposed on Carrier) shall be borne solely and exclusively by Carrier. The prohibition against subcontracting does not apply to a person legally leased to the Carrier pursuant to the provisions of 49 C.F.R. Part376. Any such subcontracting (also known as double-brokering) without notice and written consent shall result in a 50% reduction in payment of the amount indicated on the relevant rate confirmation or tariff.

Carrier must provide exclusive use of any trucks) utilized for load(s) regardless of weight or space utilized, unless specifically designated by Broker as a "Partial Load" by indicating as such on thePrice/Service Contract with the words: "Partial Load". The unauthorized selling or utilization of excess space on a truck contracted by Broker shall result in a 50% reduction in the payment as indicated on the Price/Service Contract. If a sealed load arrives at destination with the seal broken, Broker shall deduct 50% from the payment per the Price/Service Contract.

SECTION 2.C - COMPLIANCE AND DUE DILIGENCE 

Broker shall not ask or in any way pressure Carrier to violate any federal, state or other applicable law with regards to the performance of the Services. By arranging for transportation of shipments by Carrier pursuant to this Agreement, Broker represents and warrants that it has conducted due diligence with regard to the creditworthiness of Shippers tendering such shipments, and that it vouches for same.

SECTION 2.D - NON-EXCLUSIVITY OF SERVICES

Neither Party intends to give the other Party any exclusive rights or privileges under this Agreement. Except as otherwise stated in this Agreement, either party may contract with or otherwise provide service to any other motor carrier, broker, other intermediary or shipper.

Section 3 - RATES, CHARGES, TERMS AND CONDITIONS FOR SERVICES

SECTION 3.A - RATES AND CHARGES 

Carrier shall be entitled to the rates and charges set forth in the Troy Logistics Rate/Service Contract as its sole and exclusive compensation for rendering Services (net of reductions due to any violations per section 2.2). No shipment tendered by Broker to Carrier within the geographic and commodity scope of this Agreement shall be subject to rates or charges set forth in any tariff or rate schedule maintained by Carrier.

SECTION 3.B - INVOICING AND PAYMENT

Except as otherwise indicated in writing by Broker, the Parties agree as follows:

(a) it shall be Carrier's responsibility to invoice Broker for the freight charges owing to Carrier.

(b) it shall be Broker's responsibility to invoice Shippers for Carrier's freight charges and Broker's commissions or other fees, and to take necessary measures to collect such invoices.

(c) it shall be Broker's responsibility to remit freight charges owed to Carrier regardless of any late 

payment or non- payment to Broker by Shippers.

(d) Carrier shall look only and exclusively to Broker for payment of freight charges.

SECTION 3.C - PRICING DISPUTES 

If Carrier alleges underpayment of applicable freight rates and charges by Broker, or if Broker alleges overcharges, overcollection or receipt of duplicate payments by Carrier, notice of such claims must be given in writing by the aggrieved Party to the other Party within one hundred eighty (180) days after delivery or the first attempted delivery of the involved shipment(s) by Carrier. The Party receiving any such claim shall process it in accordance with the provisions codified at 49 C.F.R. Part 378 as of the Effective Date of this Agreement. Any civil action or arbitration proceeding with respect to such a claim shall be filed within eighteen (18) months after delivery or the first attempted delivery of the involved shipment(s) by Carrier.

SECTION 3.D - BREAKDOWNS AND DELAYS

Carrier agrees to notify Broker of any delays or conditions or circumstances that cause or may cause Carrier to arrive at origin or destination later than agreed to in the Price/Service Contract. All claims of mechanical delay shall be documented (i.e., repair receipts from the repair facility). Any unauthorized, improper, unsubstantiated delays shall result in Payment reduction per the following: 20% of the total amount as indicated in the "Price agreed to" section of the Price/Service Contract per calendar day of delay. If team drivers are required per the Price/Service Contract and a single driver is used, compensation will be reduced by 30%.

SECTION 4 - FREIGHT DOCUMENTATION

The terms of this Agreement and any addendums thereto shall apply to all shipments tendered to motor carrier and shall take precedence over any conflicting terms contained in any bill of lading, receipt or other transportation document (Shipment Document) issued for all shipments tendered by a Shipper within the scope of the Services. Except as otherwise permitted by Customer-Specific Addenda, the shipping documents shall not show Broker as the shipper, consignee or motor carrier, and shall not show any entity other than Carrier as the carrier.

SECTION 5 - INSURANCE; BROKER BOND

SECTION 5.A - BOND AND TRUST REQUIREMENTS

Broker shall at all times maintain a surety bond/trust in an amount no less than $75,000. The form and terms of the bond shall be consistent with the provisions of FMCSA Form BMC 34 as that form was in effect on January ,1 2005.

SECTION 5.B - CARRIER INSURANCE REQUIREMENTS

Carrier shall maintain the following minimum liability coverage at all times:

1. Commercial Auto Liability Insurance with Minimum Limit of $1,000,000.

2. MotorTrucknonscheduledCargoPolicywithMinimumLimit of $100,000. 

3. Workmen's Compensation Coverage with statutory required limits in effect.

4. General Liability Policy with Minimum Limit of $2,000,000.

SECTION 5.C - PROOF OF INSURANCE AND NOTIFICATION REQUIREMENTS

Upon either Party's request, the non-requesting Party shall furnish the requesting Party with certificates from the insurers or trustee evidencing such coverages and providing for not less than thirty (30) days' advance written notice of cancellation or nonrenewal of coverage or trust, or shall cause the insurers or trustee to name the requesting Party as an additional insured or beneficiary for the sole purpose of receiving such30-day advance written notices of cancellation or non-renewal.

SECTION 6 - CARGO LIABILITY

Except as otherwise provided herein, the Carrier's liability for cargo loss or damage shall be governed by the provisions of 49 U.S.C. § 14706. Claims for loss of or damage to cargo shall be filed and processed in accordance with 49 C.F.R. Part 370 as in effect on the Effective Date of this Agreement. Claims must be filed, and any litigation on such claims must be commenced, within the minimum time frames (9 months and two years, respectively) as permitted in 49 U.S.C. § 14706(e). Moreover, Carrier assumes liability as a common carrier for loss, damage to or destruction of any and all of Customer's goods or property while under Carrier's care, custody or control. Carrier shall inspect each load at the time it is tendered to Carrier to assure its condition. If Carrier is tendered a load which is not in suitable condition, it shall notify Broker, immediately. Cargo which has been tendered to Carrier intact and released by Carrier in a damaged condition, or lost or destroyed subsequent to such tender to Carrier, shall be conclusively presumed to have been lost, damaged or destroyed by Carrier unless Carrier can establish otherwise by clear and convincing evidence. Broker, shall deduct from the amount Broker, otherwise owes Carrier, the Customer's full actual loss of all claims that are not resolved within ninety (90) days of the date of the claime. Carrier shall return all damaged shipments at its expense to the point of origin or to other points as instructed by Broker.

SECTION 6.A - SEALED TRAILERS

All trailers utilized by Carrier to transport load(s) contracted by Broker must be locked and sealed for transit and shall remain sealed until final delivery. The seal number must be noted on the bill of lading by Carrier at time of loading. Seal must be tested prior to departing shipper by twisting the seal a half-turn, then giving the seal a firm, steady tug. The only exception is the case whereas Carrier is specifically authorized to haul a partial load. In this event "Partial Load" must be clearly indicated on the load confirmation by Broker. 

SECTION 6.B - SHIPPER’S LOAD AND COUNT

If a Shipper preloads a previously dropped trailer(s) or semitrailers and a representative of Carrier is not permitted to be present to verify cargo count or stowage adequacy during the loading process, the load shall be considered as moving on a "shipper's load and count" basis regardless of whether it is sealed or whether "SL&C" or a similar notation appears on the Uniform Receipt.

SECTION 6.C - CARRIER MOVING PERISHABLE 

Carrier warrants that the carrier will inspect or hire a service representative to inspect a vehicle's refrigeration or heating unit at least once each month. Carrier warrants that they shall maintain a record of each inspection of refrigeration or heating unit and retain the records of the inspection for a least one year. Copies of these records must be provided upon request to the carrier's insurance company and Broker.

SECTION 6.D - FUEL MAINTENANCE AND LIABILITY FOR TEMPERATURE-CONTROLLED SHIPMENTS

Carrier warrants that they will maintain adequate fuel levels for the refrigeration or heating unit and assume full liability for claims and expenses incurred by the Broker or the shipper for failure to do so. (this second item #2, pertaining to perishables only applies if they are being hauled).

SECTION 7 - REFUSED FREIGHT

In the event that a load of freight is refused at delivery the carrier must: Option 1 - Take load to a local warehouse at the directions of the Broker. Option 2 - Return freight to origin. In either case, additional compensation shall be negotiated at the time, on a case by case basis, with Broker. Carrier does not have the right to decide disposition of refused fright until after 48 hrs. from the time Broker is notified of refusal.

SECTION 8 - INDEMNIFICATION

Carrier agrees to indemnify and hold Broker and its customers harmless from any claims or loss resulting out of an act or omission of Carrier, its employees or agents in the performance of this agreement or the services provided hereunder including loss of hours or miles or any fines or penalties as a result of Carrier being overloaded. It is the sole responsibility of Carrier to check weight of each load in a timely manner in order to prevent losses of this nature.
SECTION 8.A - HOLD HARMLESS 

Carrier agrees to hold Broker harmless from and indemnify Broker for any hability resulting from loss or damage to any freight transported by carrier pursuant to this agreement and or load confirmation including all cost to defend claims. Carrier also agrees to hold Broker harmless from and Indemnify Broker for any Liability resulting from personal injury or property damage which may occur during the operations of Carrier pursuant to this agreement, including all costs to defend claims.

SECTION 9 - FORCE MAJEURE; LEGAL RESTRAINT

If either Broker or Carrier is prevented from or delayed in performing any of its obligations under this Agreement by reason of statutes, regulations or orders of a governmental entity (including actions taken by a court or by law enforcement officials), or because of war, terrorism, acts of God, labor disturbances, civil unrest, or any cause beyond the reasonable control of such Party, that Party shall not be liable to the other Party for damages by reason of any delay or suspension of performance resulting from such legal restraints or force majeure. The Party invoking this Article, however, shall furnish the other Party with Subsequent Notice of same no more than two Business Days after the onset of the conditions delaying or preventing performance.

SECTION 10 - CONFIDENTIALITY; BACK-SOLICITATION

Except to the extent required by law, neither Party shall disclose to third parties (other than to freight bill auditors, prospective capital providers, and outside professionals, if such parties agree to similar confidentiality terms) the terms of this Agreement, any confidential or proprietary information, Trade Secrets as that term is defined under the Georgia Trade Secrets Act., any information cither Party learns about the other in the course of performing Services under this Agreement, including but not limited to software, business methods, customer lists, or the rates, valuation, origin, destination and consignee identity for any shipment within the scope of the Services. Except upon a material breach of this Agreement by Broker, Carrier shall refrain from directly soliciting freight business during the term of this Agreement, or for 24 months thereafter, from any customer of Broker which (i) was not served by Carrier prior to the Effective Date hereof and (il) with whom Carrier had material contact during the term hereof. A violation of the restrictive covenant by Carrier shall result in payment by Carrier to Broker, as damages, a sum equal to 16% of Carrier billed revenue per shipment, but in no event less than $150 per shipment. Such liquidated damages intended to represent estimated actual damages and are not intended as a penalty. The liquidated damages provided herein are not intended to be the exclusive remedy for a breach of the paragraph. Carrier agrees that Broker may seek any appropriate legal or equitable remedy in addition to or in lieu of liquidated damages.

SECTION 11 - MISCELLANEOUS

SECTION 11.A - GOVERNING LAW

Except to the extent that the application of such laws is prohibited by the provisions of 49 U.S.C. § 14501(c) or other law, this Agreement shall be interpreted in accordance with the laws of the State of Georgia, disregarding any choice-of-law principle under which that Stato would look to the laws of another jurisdiction. Venue for any legal action related or pursuant to the Agreement shall be in a state court of competent jurisdiction located in Henry County, GA or in the applicable Federal Court for Henry County, GA. In any such action, the prevailing party shall be entitled to applicable and reasonable attorney fees.

SECTION 11.B - NOTICES

Any Notice required or permitted under this Agreement shall be deemed sufficient if sent by prepaid first- class mail, by a nationally recognized overnight courier, or by facsimile transmission, if such Notice is sent to the address or fax number of, and marked to the attention of the individual noted in the signatory provision of this Agreement or to any other individual designated by the Party. Notices shall be considered to have been received by the addressee Party on the third Business Day after mailing, on the first Business Day after deposit with an overnight courier, or on the day a facsimile is transmitted if the sending machine produces written confirmation of a successful transmission. Each Party may change its designated contact, or update the contact information for such individuals, by Prior Notice to the other Party in accordance with this Article 14, and without formal amendment of this Agreement under Article 12.3.

SECTION 11.C - ENTIRE AGREEMENT; AMENDMENTS

This Agreement represents the entire agreement and understanding of the Parties with regard to its subject matter. No prior understandings or agreements of the Parties, whether written or oral, nor any documents not specifically incorporated into this Agreement, nor any course of conduct of the Parties before or after the Effective Date of this Agreement, shall have the effect of modifying the Parties' rights and obligations under this Agreement in any way. Except as provided in Article 12.2 with regard to changes in Designated Contact information and listings, no amendment to this Agreement shall be valid unless it is set forth in writing, is marked with a unique amendment number, specifies the articles, sections and/or Attachments being amended, specifies an effective date for the amendments, and is signed by Designated Contacts of both Parties.

SECTION 11.D - SEVERABILITY

To the extent that any provision of this Agreement may be held to be invalid or unenforceable by a court of competent jurisdiction, such provision shall become ineffective as to all matters within the jurisdiction of that court. The court's holding, however, shall not be treated as affecting the validity or enforceability of any other provision of this Agreement, nor as affecting the validity or enforceability of any parl of this Agreement in other jurisdictions.

SECTION 11.E - WAIVER

Neither the failure of a Party to exercise any right, power or privilege under this Agreement, nor its delay in any such exercise, shall operate as a waiver of that right, power or privilege. No such waiver shall be binding on either Party unless it is in writing and signed by a Designated Contact of the Party against which the waiver is asserted.No such waiver on one occasion shall preclude subsequent full enforcement of a Party's rights, powers and privileges under this Agreement or at law or in equity.

SECTION 11.F - SUCCESSORS AND ASSIGNS

This Agreement shall be binding on, and shall inure to the benefit of, both Parties as well as their respective successors and permitted assigns. Assignment of this Agreement by either Party requires Prior Notice to and Consent by the other Party. Neither Party shall unreasonably withhold Consent for an assignment by the other Party to an Affiliate of the assigning Party, provided that the Affiliate first agrees in writing to comply with all terms and conditions of this Agreement.

SECTION 11.G - TERM OF AGREEMENT

This Agreement shall remain in full force and effect for a two-year period following the Effective Date, and thereafter shall be renewed automatically on a year-to-year basis, unless and until terminated as set forth in the next sentence. Either Party has the right to terminate this Agreement at any time, with or without cause, by providing Prior Notice to the other Party at least thirty (30) calendar days in advance of the proposed termination date (unless a shorter notice period is specified in particular circumstances by particular provisions of this Agreement as amended from time to time).

If any shipment within the scope of the Services remains in transit on the effective date of a termination of this Agreement, both Parties? rights and duties under this Agreement shall remain in effect with respect to such shipment until it is delivered and all related invoices and claims are satisfied.

SECTION 11.H - COUNTERPARTS

This Agreement may be executed in one or more counterparts, any and all of which shall constitute one and the same instrument.

SECTION 11.I - CAPTIONS

The captions and headings set forth in this Agreement are for convenience only. They shall not be considered a part of this Agreement, nor affect in any way the meaning of its terms and conditions.

STATEMENT OF WORK

SECTION 12 - STATEMENT OF WORK

SECTION 12.A - INTRODUCTION 

INTRODUCTION: This Statement of Work (SOW) defines the tasks and deliverables required by the Carrier to provide services to Troy Logistics LLC for the period of time mentioned in the Price/Service Contract (Section 2.B). This document outlines the scope of work, deliverables, timeline, and responsibilities to ensure a clear understanding of the expectations and outcomes of the partnership. 

SECTION 12.B- SCOPE OF WORK

SECTION 12.Ba - SERVICES TO BE PROVIDED

The carrier mentioned at the top of page 4 will provide the following services: 

TRANSPORTATION SERVICES: 
Freight hauling for various types of goods, including perishables, dry goods, hazardous materials, etc. 
Ensure all loads are delivered on time and in good condition 
Maintain all necessary permits and licenses required for interstate and intrastate transport. 
LOGISTICS AND COORDINATION:
Manage and coordinate all aspects of pickup and delivery
Provide real-time tracking of shipments via truck-mounted gps tracker.
Communicate with drivers, dispatchers, and Troy Logistics’s team to ensure smooth operations. 
COMPLIANCE AND SAFETY: 
Adhere to all federal, state, and local regulations concerning trucking and transportation. 
Implement and follow safety protocols to ensure the safety of drivers and cargo. 
Carrier agrees to keep the trailer locked and sealed at all times to prevent theft and shortages.
All enclosed trailer loads must be sealed and the number recorded on the BOL and a photo of the BOL sent to ops@troylogstics.com prior to leaving the shipper.
Seal must be tested prior to departing shipper by twisting the seal a half-turn, then giving the seal a firm, steady tug. Carrier will report any inaccuracies/defects in seal. 
If the seal used is not a high-security bolt seal, a padlock must also be applied.
If a trailer must be stored for any reason, carrier agrees that their provided storage yard is secured with a fence, gate, security cameras, and a 24/7 manned guard shack Guard must walk the yard and inspect the grounds a minimum of every 30 minutes. All yards must be identified ahead of time of use and evaluated and approved by Troy Logistics in writing prior to use.
If a trailer is separated from the cab for any reason, carrier agrees to use kingpin lock on the trailer.
REPORTING AND DOCUMENTATION: 
Provide detailed reports on deliveries, including proof of delivery, condition reports, and any incidents immediately.
Incidents or anomalies of any sort must be report via email to ops@troylogistics.com and / or calling 770-305-9700.
Maintain accurate records of all transactions and interactions. 
Provide documentation of any mechanical-based delays, i.e. repair receipts
Shall cause Carrier’s name to be listed as carrier of record on any BOL, not Broker’s.  

SECTION 12.C - DELIVERABLES 

Timely and efficient transportation of goods
Monthly status/inspection reports on all active/inactive tractors and trailers
Incident reports within 30 minutes of any issues or delays.
Any requirements mentioned in Price/Service Contract.

SECTION 12.D - TIMELINE

Carrier agrees to pickup and deliver based off of dates/times/requirements provided in Price/Service Contract (Section 2.C). Carrier will communicate status and location updates every hour via email, phone call, text, and/or tracking software. Failure to meet Price/Service Contract (Section 2.C) requirements may result in reduction of pay. Timeliness of communication of delay will be taken into account when determining consequences for failure to meet these expectations.  

SECTION 12.E - RESPONSIBILITIES 

SECTION 12.Ea - TROY LOGISTICS LLC

Troy Logistics will provide the carrier with all necessary shipment details, including destinations, schedules, and special handling instructions; facilitate communication between the carrier and the end customers; and ensure timely payment for services rendered as per the agreed terms. Delivery information and any map or directional guidance are informational only and provided by Broker as a courtesy. 

SECTION 12.Eb - CARRIER

The carrier will deliver services as outlined in Section 12.B; ensure compliance with all legal and regulatory requirements; communicate any issues, delays or incidents immediately; and provide regular updates and reports as specified. Carrier, pursuant to 49 USC 13901C, hereby specifies its motor carrier authority as the sole authority under which it shall provide the service hereunder and agrees to use a truck and trailer controlled and/or operated by Carrier to transport the load described in the Price/Service Contract (Sections 1.A-4.A). Carrier agrees that it is an independent contractor over who the Broker neither exercise, nor is able to exercise supervision, control, or direction. Carrier indemnifies and shall hold Broker harmless from and against any and all claims and associated attorney fees relating in any way to this agreement or the transportation provided pursuant hereto, except claims resulting from the sole negligence or intentional misconduct of the Broker.

SECTION 12.F - PAYMENT TERMS

Payment will be made based on the agreed rates outlined in the contract. Invoices will be submitted monthly with a net 30 payment term. Any disputes or discrepancies in billing to be communicated within 25 business days of receipt of invoice. 

SECTION 12.G - PERFORMANCE STANDARDS

Carrier agrees they are conforming to the below performance standard: 

Has $250,000 or more cargo insurance at time of contract
Not insured in any way by Progressive Commercial or any of its subsidiaries 
Has 3 or more consecutive years of active authority

SECTION 12.H - CONFIDENTIALITY 

Both parties agree to maintain the confidentiality of all proprietary and sensitive information exchanged during the course of this agreement. This includes shipment details, pricing, customer information, and any other data deemed confidential.

SECTION 12.I - TERMINATION

Either party may terminate this agreement within 24 hours of contract’s start date with written notice. Immediate termination may occur if there is a breach of contract, failure to comply with regulatory requirements, or significant performance issues. Any conflict in terms shall be resolved in favor of the Price/Service Contract.

SECTION 12.J - ACCEPTANCE 

By signing the below or picking up the load, Carrier agrees to the terms and conditions outlined in the Carrier-Broker Agreement, Statement of Work (Sections 12.A-12.J) and the Price-Service Contract & SOW. 

WHEREFORE, the Parties have executed this instrument as their legally binding agreement as of the Effective Date first written above.

TROY LOGISTICS, LLC (BROKER)

BY ITS DESIGNATED CONTACT: 

PRINTED NAME: DAVID TROY

TITLE: PRESIDENT

DATE: (1/1/2025) 

 

SIGNATURE: David Troy