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1. Parties: Identifies and defines all parties to the agreement, including full legal names and addresses
2. Background/Recitals: Provides context of the dispute or claims being settled, relationship between parties, and intention to settle
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Settlement Payment: Details the settlement amount, payment terms, method, and timing
5. Release: Core section specifying the scope of claims being released, including known and unknown claims
6. No Admission of Liability: States that the settlement does not constitute an admission of liability by any party
7. Tax Treatment: Addresses responsibility for taxes on settlement payments and any required tax indemnifications
8. Representations and Warranties: Statements by parties regarding their authority to enter agreement and understanding of terms
9. Entire Agreement: Confirms the agreement represents the complete understanding between parties and supersedes prior agreements
10. Governing Law: Specifies the jurisdiction whose laws govern the agreement
11. Execution: Signing provisions and signature blocks for all parties
1. Confidentiality: Required when parties wish to keep the settlement terms confidential
2. Non-Disparagement: Used when parties agree not to make negative statements about each other
3. Return of Property: Necessary in employment contexts or when physical/digital assets need to be returned
4. Ongoing Obligations: Used when certain obligations continue post-settlement (e.g., cooperation in legal matters)
5. Reference Letters: Included in employment-related settlements when references are part of the agreement
6. Revocation Period: Required for age discrimination claims or when mandated by applicable law
7. Future Cooperation: Used when one party may need assistance or cooperation from the other in future matters
8. Third Party Rights: Needed when the release extends to or affects third parties
9. Insurance Obligations: Required when insurance claims or coverage are involved in the settlement
10. Severability: Optional clause to ensure remainder of agreement survives if any provision is found invalid
1. Schedule A - Released Claims: Detailed list of specific claims being released
2. Schedule B - Payment Schedule: Detailed breakdown of payment amounts, dates, and methods if payment is in installments
3. Schedule C - Confidential Information: Definition and scope of confidential information when applicable
4. Schedule D - Return of Property Inventory: List of items to be returned when applicable
5. Appendix 1 - Form of Reference Letter: Template or agreed form of reference letter in employment-related settlements
6. Appendix 2 - Related Entities: List of affiliated entities covered by the release when applicable
Legal Services
Financial Services
Healthcare
Manufacturing
Technology
Real Estate
Construction
Professional Services
Retail
Education
Transportation
Energy
Mining
Agriculture
Public Sector
Non-Profit Organizations
Insurance
Telecommunications
Legal
Human Resources
Compliance
Risk Management
Executive Leadership
Finance
Operations
Employee Relations
Labor Relations
Corporate Affairs
Administrative Services
Dispute Resolution
Legal Counsel
Human Resources Director
Risk Manager
Compliance Officer
Chief Legal Officer
Settlement Administrator
Claims Manager
Employee Relations Manager
Corporate Secretary
Chief Executive Officer
Chief Financial Officer
Human Resources Business Partner
Labor Relations Manager
Litigation Manager
General Counsel
Chief Operations Officer
Chief Human Resources Officer
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