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1. Parties: Identification of all parties involved in the settlement, including full legal names and addresses
2. Background: Details of the accident including date, location, and brief description of the incident
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Amount: Specific details of the settlement sum and payment terms
5. Release and Discharge: Mutual release of claims related to the accident
6. Payment Terms: Timeline and method of payment, including any installment arrangements
7. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
8. Full and Final Settlement: Confirmation that this represents complete resolution of all claims
9. Non-Admission of Liability: Statement that settlement does not constitute admission of fault
10. Governing Law: Specification that Nigerian law governs the agreement
11. Entire Agreement: Confirmation that this document represents the complete agreement between parties
1. Insurance Company Provisions: Additional terms when insurance companies are involved in settlement
2. Medical Expenses: Specific provisions for ongoing or future medical expenses if applicable
3. Property Damage Resolution: Specific terms regarding vehicle repairs or replacement if not already completed
4. Third Party Claims: Provisions dealing with potential claims from third parties if multiple vehicles involved
5. Future Medical Care: Terms regarding potential future medical needs if injuries are ongoing
6. Installment Payment Structure: Detailed payment schedule if settlement is to be paid in installments
7. Non-Disparagement: Provisions preventing parties from making negative statements about each other
1. Schedule A - Accident Report: Copy of official accident report or police report
2. Schedule B - Medical Records: Relevant medical records and expenses documentation
3. Schedule C - Vehicle Damage Assessment: Documentation of vehicle damage and repair estimates/costs
4. Schedule D - Witness Statements: Copies of any witness statements or relevant testimonies
5. Schedule E - Insurance Documentation: Relevant insurance policies and correspondence
6. Schedule F - Payment Schedule: Detailed payment plan if settlement is to be paid in installments
Insurance
Legal Services
Transportation
Automotive
Fleet Management
Private Transportation
Public Transportation
Logistics
Corporate Services
Risk Management
Legal
Insurance
Risk Management
Compliance
Operations
Administrative Support
Claims Processing
Contract Management
Corporate Affairs
Fleet Operations
Legal Counsel
Insurance Claims Manager
Risk Manager
Fleet Manager
Compliance Officer
Legal Administrator
Claims Adjuster
Corporate Secretary
Paralegal
Insurance Underwriter
Legal Operations Manager
Settlement Officer
Contract Administrator
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