Document background
The Structured Settlement Agreement is a specialized legal instrument used in Indonesian jurisdiction when parties wish to resolve disputes through scheduled payments rather than lump-sum settlements. This document is particularly relevant when dealing with substantial settlement amounts, long-term compensation arrangements, or complex corporate disputes requiring structured payment solutions. It is designed to comply with Indonesian Civil Code requirements and incorporates necessary provisions for tax compliance, enforcement, and dispute resolution under Indonesian law. The agreement is commonly used in corporate settlements, insurance claims, commercial disputes, and situations where phased payment arrangements are preferred for financial or strategic reasons. It includes detailed payment schedules, tax implications, enforcement mechanisms, and can be customized to include insurance-backed payments or corporate guarantees.
