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1. Parties: Identification of the principal company and the contractor, including full legal names, addresses, and registration details if applicable
2. Background: Brief context of the contractor relationship and the purpose of the waiver
3. Definitions: Key terms used in the waiver document, including 'Services', 'Claims', 'Liability', etc.
4. Scope of Services: Clear description of the contractor's role and services that are subject to the waiver
5. Acknowledgment of Independent Contractor Status: Clear statement confirming the independent contractor relationship and not employment
6. Waiver Provisions: Specific rights, claims, and remedies being waived by the contractor
7. Exceptions to Waiver: Items specifically excluded from the waiver as required by Indian law
8. Consideration: Statement of consideration being provided in exchange for the waiver
9. Representations and Warranties: Contractor's confirmations regarding understanding of the waiver and independent legal advice
10. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
11. Execution: Signature blocks and execution formalities
1. Non-Compete Provisions: Optional restrictions on future work activities - include only if specifically required for the contractor relationship
2. Confidentiality Obligations: If handling sensitive information - include detailed confidentiality provisions
3. Insurance Requirements: If the contractor is required to maintain specific insurance coverage
4. Dispute Resolution: Alternative dispute resolution mechanisms like arbitration or mediation - include if preferred over court litigation
5. Severability: Provision for partial invalidity - recommended for complex waivers
6. Assignment: Restrictions on transfer of rights - include if assignment concerns exist
1. Schedule 1 - Scope of Services: Detailed description of services covered by the waiver
2. Schedule 2 - Specific Claims Waived: Itemized list of specific claims being waived
3. Schedule 3 - Compensation Details: Details of any payment or consideration for the waiver
4. Appendix A - Risk Acknowledgment: Detailed acknowledgment of risks being assumed by the contractor
5. Appendix B - Compliance Requirements: List of specific compliance requirements and regulations applicable to the contractor
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Finance
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Operations Director
Risk Manager
Compliance Officer
Contract Administrator
Business Unit Head
Finance Manager
General Counsel
Chief Legal Officer
HR Director
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