Under the terms of Prime's current independent contractor operating agreement shall be as follows:
- Operator shall be paid 72% of the line haul revenues on the freight you haul. "Line haul revenues" means all amounts paid by customers for transportation excluding any accessorial charges.
- Operator shall be paid a minimum of $50 for each tarped load delivered.
- Operator shall receive no less than 80¢ per authorized mile (loaded and empty). On a weekly basis the operator is paid 72% of the freight revenue or 80¢ per mile which ever is greater that week. Revenue paid to you will be tracked then reset every 100,000 authorized miles.
- If operator terminates agreement prior to the end of a reconciliation period and has averaged less than 80¢ per mile within the 100,000 mile period but received advances to equal 80¢ per mile, the difference owed by operator will be charged against operator's Performance Bond or final statement.
- Prime shall pay for trailer washes as often as operator feels necessary to keep the equipment looking its best.
- From April 2004 to December 31, 2004, the weekly average miles per dispatched truck was 2,489, the weekly average revenue per mile was $1.384 and the weekly average revenue per unit was $3,446. (Compilation based on combined solo and team.)
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