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Lease Agreement Template

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LIAMS TRUCKING LLC

1015 DEVONSHIRE RD, ALLENTOWN, PA, 18103

Lease Agreement: 49 CFR Part 376

THIS AGREEMENT is between LIAMS TRUCKING LLC, Qualified Motor Carrier, engaged in the Interstate Transportation of property under
the authority granted by the FMCSA- MC-01172863-C and US DOT No. 3527167, and

88-2945972 SOPHIA & AMBAR TRANSPORT LLC (973) 704-4709


(Lessor: SSN/EIN) (Lessor/Contractor NAME) (TELEPHONE)

55 GOULD AVE PATERSON, NJ 07503


(ADDRES) (CITY & STATE, ZIP CODE)

Referred to in this contract as the "COMPANY", LIAMS TRUCKING LLC., has its principal office at 1015 DEVONSHIRE RD, ALLENTOWN, PA,
18103.

EQUIPMENT DESCRIPTION

MAKE VIN YEAR

PTB 1XPBD49X9JD469536 2018

For multiple units, attach a copy of the registration.

CONTRACTOR agrees that the trailer will remain the property of COMPANY, that will use his best efforts to safeguard the trailer by conducting
regular inspections and applying regular operation maintenance procedures, and that he will return the trailer to COMPANY at the conclusion of this
agreement. THE CONTRACTOR will be responsible for returning the trailer to COMPANY in condition equal to that when it was assigned to him,
minus the effects of normal wear and tear.
Major maintenance on the trailer shall be performed at the expense of the COMPANY.
This provision is specifically directed only to substantial repairs that are not usually considered to be a part of regular daily Operating maintenance.
Permission to repair shall be coordinated through COMPANY'S dispatch department. COMPANY IS NOT REQUIRED TO PAY FOR REPAIRS,
OTHER THAN EMERGENCY REPAIRS, THAT DID APPROVE BEFORE THE FACT.

LOADING/UNLOADING:

The CONTRACTOR shall be responsible for loading and unloading the property to be transported onto and from the motor vehicle, as necessary.
Compensation for such labor or subcontract for helpers should be discussed prior to the occurrence, with the Company only. Helpers or subcontracted
personnel are not considered employees of the Company under any circumstances. If for any reason, the COMPANY is ever required to pay any
amounts which the CONTRACTTOR owes, the CONTRACTOR shall indemnify the COMPANY for the expense thereof, including all expenses and
possible attorney fees.

OPERATION EXPENSES AND TAXES:

Unless otherwise agreed by specific provisions herein, the CONTRACTOR shall pay all operating expenses resulting from this performance of
hauling services pursuant to this agreement, specifically including but not limited to oil, fuel, tolls, base plates, licenses, permits, decals, insurance,
taxes and replacement permits. The CONTRACTOR shall also pay for all property, fuel, road, weight permits, gross receipts; sales and other such
taxes as may be incident to the ownership of operation of the equipment provided by the CONTACTOR.

INSURANCE:

The COMPANY will furnish and pay for the cost of all public liability, property damage and cargo insurance while the leased equipment
(tractor/trailer) is operated for the service of the COMPANY.

The CONTRACTOR, while operating for the COMPANY, shall provide evidence of non- trucking liability insurance with a limit of S1,000,000 and
Physical Damage Coverage for the eased equipment with limits of no less than $10,000.00 and S1,000.00 deductible and shall list the COMPANY as
certificate holder. The COMPANY is not liable for damages or cost to repair CONTRACTOR's vehicle for failure to maintain Physical Damage
coverage. A certificate or insurance should be delivered to the COMPANY, evidencing the above prior to commencing work.

VIOLATION OF LAWS:

The CONTRACTOR shall be liable for and hold the COMPANY harmless from any fine or other liability resulting from violation of any law or
public authority by CONTRACTOR or his employees. CONTRACTOR authorized the COMPANY to charge his Account the amount of any such
fine that COMPANY may become obligated to pay. Normally overweight or oversize fines will be the COMPANY'S responsibility provided timely
notice of the problem has been fine to the company allowing the opportunity to affect a solution.

According to new federal guidelines on Driver responsibilities, the Driver itself or Contractor supplying work, should hold accountabilities for all
violations in reference to the unit leased and the behavior and conduct of the professional Driver.
The COMPANY will not permit or request to move or work with an OUT-OF-SERVICE status, any occurrence of this situation is forbidden by the
COMPANY and results in an automatic dismissal.
FUEL PERMITS:

The CONTRACTOR will pay for other licenses, permits, and certificates required by state due to the nature of the COMPANYS status as a Carrier.
Fuel permits plus applicable stamps, decals, and papers will be provided by the CONTRACTOR in accordance with the COMPANY'S request. If the
COMPANY provides any state or federal permits, COMPANY will charge its CONTRACTOR only the actual amount charged to the COMPANY.
The CONTRATOR will perform all accounting and record keeping services required to file the quarterly fuel purchases/road se tax reports required by
the states. CONTRACTOR for any taxes for fees that are due, CONTRACTOR hereby authorizes that COMPANY to deduct these amounts from his
account after furnishing him with appropriate documentation for the taxes due.

DRIVER'S SELECTION:

Qualification of Drivers will be a sharing responsibility between the Company and Contractor. Drivers must be qualified in accordance with CFR
regulations (291.11). RoadSide training and "adequate knowledge of unit to drive" is part of the Contractorresponsibilities. Drug Testing, Records of
driving. PSP data and completion of DQ files are part of Company procedures. No Drivers are permitted to do any safety-sensitive work, until the
Company has a negative drug test result.

TERMS OF AGREEMENT:

This agreement shall be for a term of one year and shall automatically be renewed for like terms unless terminated or canceled. Contractor is
authorized to use Company information, to renew or register units to this Agreement.
Signature and acceptance of Company policies and procedures are part of hiring process, ignoring or refusal to follow this procedure will disqualify
the Contractor or Driver. Workman’s Compensation for Contractor or Drivers is not supplied by the lessee, Owner Operators who do not supply a
legal entity, corporation, LLC, etc. must present their own workman policy.

EQUIPMENT ASSIGNED TO THE COMPANY:

If the CONTRACTOR chooses, and the COMPANY agrees, to provide a trailer, the Company may add Contractors Drivers or Owner Operators to
own policy for the same fee that the State of New Jersey charges: Sample- 12.1% of 1/3 of Total Income-Retention of this money, solely holding to
pay for the plan.
Company will hold an escrow of $1000 per Driver for any collateral issues that may arrive, return of this money will be effective 60 days after leave or
termination.

 Report of Vehicle Annual Inspection should be submitted in accordance with CFR396-117.


 Hours of Service Certification, 49-CFR395.8() NO LOG, NO CHECK Policy is applied.
 Fuel and Tolls receipts are requested with Logbook.
 DVIR must be completed every day, immediately after finishing the assigned trip.
 Roadside Inspection should be submitted at first contact with Motor Carrier.
 Supporting Documentation for road assistance and repair bills need to be attached.
 Monthly Maintenance for all vehicles is required.

The company will not be responsible for moving violations or equipment failure, low bridges, travel routes or local ordinances and road restrictions.
THIS COMPANY: Uses the policy of NO LOGS, NO PAPER = NO CHECK
This agreement shall be governed by and constructed in accordance with the laws of the State of New Jersey.

IN WITHNESS WHEREOF, the parties entered and executed this agreement in Allentown, Pennsylvania, this Octubre 4th of 2023.

COMPANY CONTRACTOR
LIAMS TRUCKING LLC SOPHIA & AMBAR TRANSPORT
LLC

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