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1. Parties: Identification of the employer (lessor) and employee (lessee) with full legal names and addresses
2. Background: Context of the agreement, explaining the employment relationship and purpose of the car lease arrangement
3. Definitions: Key terms used throughout the agreement including 'Vehicle', 'Lease Period', 'Lease Payments', etc.
4. Vehicle Details: Specific information about the leased vehicle including make, model, year, VIN, and current condition
5. Lease Term and Payments: Duration of the lease and any financial terms, including whether costs are deducted from salary
6. Delivery and Return: Conditions for initial vehicle delivery and final return, including condition requirements
7. Use of Vehicle: Permitted uses, geographical restrictions, and authorized drivers
8. Insurance and Liability: Insurance requirements and allocation of liability for accidents, damage, or loss
9. Maintenance and Repairs: Responsibilities for vehicle maintenance, repair procedures, and cost allocation
10. Employee Obligations: Specific responsibilities of the employee regarding vehicle care and usage
11. Employer Obligations: Specific responsibilities of the employer regarding vehicle provision and maintenance
12. Termination: Circumstances under which the agreement can be terminated by either party
13. General Provisions: Standard contract clauses including governing law, notices, and amendments
1. Fuel Policy: Details of fuel card provision and fuel expense management, if applicable
2. Personal Use Allowance: Terms for personal use of the vehicle, if permitted, including any additional charges
3. International Travel: Rules and procedures for taking the vehicle outside Nigeria, if permitted
4. Tax Implications: Explanation of benefit-in-kind tax treatment, if relevant to the specific arrangement
5. Alternative Vehicle: Provisions for replacement vehicle during maintenance or repairs, if offered
6. Driver Training: Requirements for specific driver training or certification, if required
7. Accident Reporting: Detailed procedures for accident reporting and investigation, if more extensive than standard provisions
1. Schedule 1 - Vehicle Specification: Detailed technical specifications of the vehicle, including all features and modifications
2. Schedule 2 - Initial Condition Report: Detailed report of the vehicle's condition at handover, including photographs
3. Schedule 3 - Maintenance Schedule: Required maintenance intervals and procedures
4. Schedule 4 - Insurance Details: Specific insurance coverage requirements and policy details
5. Schedule 5 - Authorized Workshops: List of approved maintenance and repair facilities
6. Appendix A - Vehicle Usage Policy: Company's general vehicle usage policies and procedures
7. Appendix B - Accident Report Form: Standard form for reporting accidents or damage
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