FTI

Highlights of Owner Operator Compensation Package and Program


Truckload Shipments
$.90 cents per mile for first three months of employment (Probationary period)
$.94 cents per mile for one year and nine months of employment
$.97 cents per mile after two full years of employment

Authorized Empty Mile
No compensation for the first fifty miles $.42 cents per mile 51 to 300 miles: $.50 cents per mile over 300 miles

Average Mileage - 10,000 loaded miles per month with less than 10% deadhead as of 8/00

Extra Stops
$40.00 each (Please be advised that the extra stops do not include the origin and final destination point, but all points in between).

Fuel Surcharge
$.085 cents per linehaul mile (subject to change) for inhouse customers. Surcharge recovered on Brokers when possible.

Authorized Extra Labor
$15.00 per hour

Tolls
1/2 cent per linehaul mile

Layover
If Contractor is held overnight by customer and waiting time can be billed. Driver will receive up to $100.00 per day as layover compensation.

Advances
A charge of 2% of the total advance requested by driver will be assessed by E & H on all advance requests. Up to 50% of the trip revenue can be advanced by the operator.

Trailers Supplied
48 and 53 Foot Air Ride Trailers: Fully Equipped

Base Plate
Carrier provided Illinois plate if needed: $1,500 per year (April 1 through March 31) prorated through out the year - deducted from settlements.

Cash Reserve
$2,000.00 (Interest paid on a monthly basis) - No up front costs deducted from settlements at no more than 10% until $2,000 reserve is achieved.

Scope of Operation
48 State and Canada. Irregular Route

Commodity Hauled
New Furniture. Office Equipment. Store Fixtures. Electronics - 80% no touch freight

Fuel Taxes
Charged monthly: figured by a 3rd party service at carrier expense.

Trailer Washes
Paid for by E & H Transport Network, Inc.

Communications
Two-way message pagers for owner operators.

Settlements
Settlements are done within 5 working days of receipt of trip papers. Carrier pays for all postage for delivery papers.

Insurance Requirements
Bobtail. Occupational Accident and Physical Damage Insurance. Fleet pricing is available through Vanliner Insurance.

Major Accounts
Our major accounts are located in Southern and Northern California, Washington, Nevada, Texas, Pennsylvania, and Illinois.

The above are highlights of our owner operator compensation package and other items in relation to the program offered. The actual contractual agreement is covered in further depth in our Contractor Service and Equipment Operating Agreement. All of the above highlights are subject to change with applicable notice.