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1. Parties: Identification and details of all parties to the agreement, including the claimant and respondent/insurer
2. Background: Factual context of the accident, including date, location, and basic circumstances
3. Definitions: Definitions of key terms used throughout the agreement
4. Details of the Accident: Comprehensive description of the accident circumstances and resulting injuries/damages
5. Settlement Amount: Specified settlement amount and payment terms
6. Payment Terms: Details of how and when the settlement amount will be paid
7. Release and Discharge: Claimant's release of all claims related to the accident
8. Full and Final Settlement: Confirmation that this settlement represents full and final resolution of all claims
9. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
10. Non-Admission: Statement that settlement does not constitute admission of liability
11. Governing Law: Confirmation that South African law governs the agreement
12. Dispute Resolution: Process for resolving any disputes arising from the agreement
13. Signatures: Execution clause and signature blocks for all parties
1. Medical Treatment Provisions: Required when ongoing medical treatment is part of the settlement
2. Multiple Party Provisions: Needed when there are multiple claimants or respondents
3. Future Medical Expenses: Used when the settlement includes provision for future medical costs
4. Minor's Interests: Required when the claimant is a minor or the accident affected minors
5. Tax Implications: Needed when settlement amount has significant tax implications
6. Insurance Company Rights: Required when insurance companies have specific rights or obligations
7. Structured Settlement Terms: Used when payment is structured over time rather than lump sum
8. Court Approval: Required when settlement needs court approval
1. Schedule A - Medical Reports: Detailed medical reports and assessments related to the injuries
2. Schedule B - Damage Assessment: Itemized list and valuation of all damages claimed
3. Schedule C - Payment Schedule: Detailed payment terms and dates if payment is structured
4. Schedule D - Medical Expenses: Detailed list of past and projected medical expenses
5. Schedule E - Supporting Documents: Accident reports, witness statements, and other relevant documentation
6. Schedule F - Proof of Loss: Documentation supporting loss of income or other financial losses
7. Appendix 1 - Power of Attorney: If applicable, power of attorney documentation
8. Appendix 2 - Court Orders: Any relevant court orders or judicial decisions
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