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Release Of All Claims Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Release Of All Claims Form

"I need a Release of All Claims Form under UAE law for settling an employment dispute with a former senior executive, including confidentiality provisions and non-disparagement clauses, with the settlement to be executed by March 15, 2025."

Document background
The Release Of All Claims Form is a crucial legal document used in the United Arab Emirates to formally conclude disputes, settlements, or transactions between parties. This document is typically employed following the resolution of a dispute, completion of a settlement agreement, or as part of a larger transaction where parties wish to prevent future claims relating to past events. It must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and related regulations, requiring specific formatting, content, and execution requirements unique to UAE jurisdiction. The form serves as a comprehensive waiver of rights, releasing specified parties from any current or future claims related to particular events or circumstances. It's particularly important in commercial transactions, employment settlements, insurance claims, and various other business contexts where parties seek to achieve final closure on potential liabilities.
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: Brief description of the circumstances leading to the release, including any relevant incidents, disputes, or transactions

3. Definitions: Clear definitions of key terms used in the document, particularly 'Claims', 'Released Parties', and other relevant terms

4. Consideration: Statement of the consideration being provided in exchange for the release

5. Release and Discharge: Comprehensive description of claims being released and explicit waiver of all current and future claims

6. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party

7. Governing Law and Jurisdiction: Specification that UAE law governs the agreement and designation of UAE courts' jurisdiction

8. Execution: Formal execution block including date and signature requirements as per UAE law

Optional Sections

1. Confidentiality: Optional clause regarding confidentiality of the settlement terms and underlying dispute - include when confidentiality is required by either party

2. Non-Disparagement: Optional clause preventing parties from making negative statements about each other - relevant in high-profile or sensitive cases

3. Return of Property: Include when there is physical or intellectual property that needs to be returned as part of the settlement

4. Future Cooperation: Optional clause regarding any required future cooperation between parties - relevant in complex cases or ongoing business relationships

5. Tax Implications: Include when the settlement involves significant monetary compensation or has tax implications

6. Insurance Claims: Include when insurance companies are involved or when future insurance claims need to be addressed

Suggested Schedules

1. Schedule A - Description of Claims: Detailed list of specific claims, disputes, or incidents being released

2. Schedule B - Settlement Payment Details: If applicable, detailed breakdown of any settlement payments or consideration

3. Schedule C - Released Parties: Comprehensive list of all parties being released, including affiliated entities and individuals

4. Appendix 1 - Supporting Documents: Copies of relevant supporting documents referenced in the release

5. Appendix 2 - Authentication Requirements: List of specific authentication requirements under UAE law, including any required notarization or attestation details

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

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Relevant Industries

Financial Services

Real Estate

Construction

Healthcare

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Retail

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Relevant Teams

Legal

Compliance

Human Resources

Risk Management

Corporate Affairs

Executive Leadership

Finance

Operations

Insurance

Administrative Services

Corporate Governance

Business Development

Relevant Roles

Legal Counsel

Chief Legal Officer

Risk Manager

Compliance Officer

Human Resources Director

Chief Executive Officer

Chief Financial Officer

Operations Manager

Contract Manager

Claims Manager

Settlement Officer

Business Development Manager

Company Secretary

Insurance 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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