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1. Parties: Identification of all parties to the agreement, including the payer and payee
2. Background: Description of the accident, date of occurrence, and circumstances leading to this agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Payment Terms: Detailed description of the payment amount, method, and timing of payment
5. Release of Claims: Clear statement of release of liability upon payment
6. Acknowledgment: Acknowledgment of receipt of consideration and acceptance of terms
7. Confidentiality: Terms regarding the confidentiality of the agreement and its terms
8. Entire Agreement: Clause stating this document represents the complete agreement between parties
9. Governing Law: Specification that Nigerian law governs the agreement
10. Execution: Signature blocks and execution requirements
1. Installment Payment Schedule: Include when payments are to be made in multiple installments rather than a lump sum
2. Medical Treatment Provisions: Include when ongoing medical treatment is part of the settlement
3. Insurance Company Involvement: Include when an insurance company is involved in making payments
4. Tax Implications: Include when there are specific tax considerations that need to be addressed
5. Non-Admission of Liability: Include when the payer wishes to explicitly state that payment does not constitute admission of fault
6. Future Medical Expenses: Include when agreement needs to address potential future medical expenses
7. Dispute Resolution: Include when parties want to specify particular dispute resolution mechanisms
8. Translation Certificate: Include when one or more parties require the agreement in multiple languages
1. Schedule A - Accident Report: Detailed description of the accident including police reports and witness statements
2. Schedule B - Medical Reports: Summary of medical reports and treatments related to the accident
3. Schedule C - Payment Schedule: Detailed breakdown of payment amounts and dates if multiple payments are involved
4. Schedule D - Medical Bills: Itemized list of medical expenses being covered
5. Appendix 1 - Supporting Documents: Copies of relevant supporting documents such as ID cards, insurance policies
6. Appendix 2 - Witness Statements: Copies of witness statements if relevant to the settlement
Agreement
Claim
Compensation
Confidential Information
Effective Date
Full and Final Settlement
Injured Party
Insurance Provider
Liability
Medical Expenses
Payment
Payment Date
Parties
Release
Settlement Amount
Settlement Date
Supporting Documents
Third Party
Working Day
Force Majeure
Jurisdiction
Legal Representatives
Loss
Material Breach
Medical Report
Notice
Payment Schedule
Personal Injury
Property Damage
Responsible Party
Settlement Terms
Witness
Definitions
Payment Terms
Release of Liability
Confidentiality
Representations and Warranties
Medical Treatment
Insurance Coverage
Settlement Terms
Payment Schedule
Indemnification
Force Majeure
Dispute Resolution
Governing Law
Assignment
Severability
Entire Agreement
Amendment
Notices
Waiver
Third Party Rights
Further Assurance
Counterparts
Non-Admission of Liability
Costs and Expenses
Execution
Insurance
Transportation
Manufacturing
Construction
Oil and Gas
Healthcare
Mining
Logistics
Industrial
Retail
Commercial Properties
Professional Services
Legal
Risk Management
Compliance
Insurance
Human Resources
Operations
Finance
Health and Safety
Claims Processing
Corporate Governance
Legal Counsel
Claims Manager
Risk Manager
Compliance Officer
Insurance Adjuster
Human Resources Manager
Safety Officer
Operations Manager
Corporate Secretary
Financial Controller
Claims Administrator
Legal Administrator
Risk Assessment Officer
Insurance Coordinator
Settlement Officer
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