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Release Deed Without Consideration Template for United Arab Emirates

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Key Requirements PROMPT example:

Release Deed Without Consideration

"I need a Release Deed Without Consideration under UAE law for my Dubai-based technology company to release a former director from all past claims and liabilities relating to their directorship, which ended on January 15, 2025, ensuring the release covers both the individual and their associated companies."

Document background
The Release Deed Without Consideration is commonly used in the UAE business and personal context where one party wishes to formally discharge another from obligations or potential claims without receiving any payment or benefit in return. This type of deed is particularly relevant in family business settlements, corporate restructuring, post-employment arrangements, and amicable dispute resolutions. The document must be carefully structured to comply with UAE civil law requirements, particularly regarding the form and execution of gratuitous acts. It typically includes detailed provisions about the scope of the release, warranties about the authority to grant such release, and appropriate execution blocks that meet UAE legal requirements. The Release Deed Without Consideration must be drafted with particular attention to Arabic legal concepts and may require notarization or other formal authentication depending on the specific circumstances and value involved.
Suggested Sections

1. Parties: Identification of the Releasor (party giving the release) and Releasee (party being released), including full legal names and addresses

2. Background: Context of the relationship between the parties and circumstances leading to the release

3. Definitions: Key terms used in the deed, including 'Claims', 'Release Date', and any specific terms relevant to the release

4. Release: Core provision stating the unconditional and irrevocable release of claims, explicitly stating it is without consideration

5. Scope of Release: Detailed description of what is covered by the release, including temporal scope (past, present, future claims)

6. Warranties and Representations: Statements by the Releasor regarding their authority to give the release and understanding of its implications

7. Further Assurance: Obligation to execute further documents if necessary to give effect to the release

8. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction of UAE courts

9. Execution: Formal execution block complying with UAE requirements

Optional Sections

1. Confidentiality: Include when the parties wish to keep the existence or terms of the release confidential

2. Third Party Rights: Include when the release is intended to benefit specific third parties

3. Severability: Include when parties want to ensure partial invalidity doesn't affect the whole deed

4. Costs: Include when there needs to be clarity on who bears the costs of preparing and executing the deed

5. Notices: Include when ongoing obligations exist requiring formal communications between parties

6. Language: Include when dual-language versions are prepared to specify which version prevails

Suggested Schedules

1. Schedule 1 - Specific Claims: Detailed list of specific claims being released, if applicable

2. Schedule 2 - Related Parties: List of related entities or individuals covered by the release, if applicable

3. Appendix A - Supporting Documents: Copies of relevant background documents referenced in the deed

4. Appendix B - Powers of Attorney: If signatories are acting under power of attorney, copies of authorization documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses























Relevant Industries

Banking & Financial Services

Real Estate & Construction

Oil & Gas

Healthcare

Technology

Retail & Consumer

Manufacturing

Professional Services

Education

Hospitality & Tourism

Transportation & Logistics

Family Business

Relevant Teams

Legal

Compliance

Risk Management

Human Resources

Executive Leadership

Board Secretariat

Finance

Commercial

Business Development

Corporate Governance

Operations

Relevant Roles

Legal Counsel

Corporate Secretary

Chief Legal Officer

Compliance Officer

Risk Manager

Human Resources Director

Chief Executive Officer

Chief Financial Officer

Commercial Director

Business Development Manager

Contract Manager

Company Director

Board Secretary

Partner

General Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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