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1. Parties: Identification of all parties involved in the settlement, including their full legal names, addresses, and contact information
2. Background: Details of the accident including date, time, location, vehicles involved, and brief description of the incident
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Amount: Clear statement of the agreed settlement amount and what it covers (property damage, personal injury, etc.)
5. Payment Terms: Details of how and when the settlement amount will be paid, including any installment arrangements
6. Release and Discharge: Mutual release of all claims related to the accident
7. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
8. Full and Final Settlement: Confirmation that this settlement represents the full and final resolution of all claims
9. Governing Law and Jurisdiction: Specification that Indian law governs the agreement and jurisdiction for dispute resolution
10. Execution: Signature blocks and execution details
1. Insurance Company Provisions: Specific provisions relating to insurance company involvement and claims processing
2. Future Medical Treatment: Provisions for potential future medical treatment if injuries are ongoing
3. Non-Admission of Liability: Statement that the settlement does not constitute admission of fault or liability
4. Tax Implications: Clauses addressing the tax treatment of the settlement amount
5. Witnesses Statement Section: Section for including witness statements if relevant to the settlement
6. Third Party Rights: Provisions regarding rights of third parties affected by the accident
7. Severability: Clause stating that if any provision is found invalid, the rest of the agreement remains valid
1. Schedule A - Accident Report: Copy of the official accident report or detailed description of the accident
2. Schedule B - Damage Assessment: Detailed assessment of vehicle damage and repair estimates
3. Schedule C - Medical Reports: Copies of medical reports and treatment records if personal injury is involved
4. Schedule D - Photographic Evidence: Photographs of the accident scene and vehicle damage
5. Schedule E - Insurance Documentation: Relevant insurance policies and claim documentation
6. Schedule F - Payment Schedule: Detailed payment schedule if settlement is to be paid in installments
7. Appendix 1 - Police Report: Copy of police FIR or accident report if available
8. Appendix 2 - Witness Statements: Statements from witnesses if relevant to the settlement
Agreement
Bodily Injury
Claim
Compensation
Effective Date
First Party
Force Majeure
Full and Final Settlement
Insurance Carrier
Insurance Policy
Legal Representatives
Liability
Medical Expenses
Motor Vehicle
Negligence
Other Party
Parties
Personal Injury
Police Report
Property Damage
Release
Settlement Amount
Settlement Date
Third Party
Vehicle Documents
Witnesses
Definitions
Settlement Terms
Payment
Release and Discharge
Indemnification
Confidentiality
Non-Admission of Liability
Representations and Warranties
Insurance Claims
Medical Expenses
Property Damage
Future Claims
Governing Law
Jurisdiction
Force Majeure
Severability
Amendment
Entire Agreement
Notices
Waiver
Third Party Rights
Assignment
Execution
Insurance
Legal Services
Transportation
Automotive
Fleet Management
Corporate Services
Risk Management
Healthcare
Emergency Services
Legal
Risk Management
Insurance
Compliance
Operations
Fleet Operations
Human Resources
Administrative Services
Corporate Secretariat
Safety and Security
Legal Counsel
Insurance Claims Manager
Risk Management Officer
Fleet Manager
Corporate Secretary
Compliance Officer
Claims Adjuster
Legal Administrator
Corporate Driver
Safety Officer
Operations Manager
Human Resources Manager
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