Flatbed Compensation

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 January 2008 to July 1, 2008, the weekly average miles per dispatched truck was 2,739, the weekly average revenue per mile was $1.55 and the weekly average revenue per unit was $4,245. (Compilation based on combined solo and team.)