Unilateral Release Of Claims

Unilateral Release Of Claims Template for Canada

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Key Requirements PROMPT example:

"I need a Unilateral Release of Claims agreement under Canadian law for a senior employee departing our technology company, including confidentiality and non-disparagement provisions, with settlement payment to be made by March 15, 2025."

Document background

The Unilateral Release of Claims is a critical legal instrument in Canadian business and personal matters, commonly used to resolve disputes, settle claims, or manage legal risks. It's particularly relevant in situations involving employment terminations, personal injury settlements, commercial disputes, or insurance claims. The document requires careful consideration of both federal and provincial laws, including limitation periods, civil liability legislation, and specific provincial requirements for releases. Unlike mutual releases, this unilateral version binds only one party (the Releasor) to release their claims, while the other party (the Releasee) makes no reciprocal commitments. The document typically includes specific details about the claims being released, consideration provided, and any conditions or limitations on the release.

Suggested Sections

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

2. Background: Describes the context, relationship between parties, and circumstances leading to the release

3. Definitions: Defines key terms used in the agreement, including 'Claims', 'Released Matters', and any specific terms relevant to the situation

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

5. Release: Core section detailing the claims being released, including scope and extent of the release

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

7. Representations and Warranties: Releasor's confirmations about their authority to give the release and understanding of its implications

8. Future Claims: Addresses treatment of future or unknown claims

9. Governing Law: Specifies the jurisdiction and governing law

10. Entire Agreement: Confirms the release represents the entire agreement regarding the released matters

11. Execution: Signature block and execution details

Optional Sections

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

2. Non-Disparagement: Include when parties want to prevent negative statements about each other

3. Return of Property: Necessary in employment contexts or when physical/digital assets need to be returned

4. Cooperation: Include when ongoing cooperation is needed for administrative or legal matters

5. Tax Indemnity: Required when the release involves monetary compensation with tax implications

6. Independent Legal Advice: Important in situations with significant claims or when parties have unequal bargaining power

7. Survival: Include when certain obligations need to survive the release

8. Severability: Add when document complexity warrants protecting remainder if part is found invalid

Suggested Schedules

1. Schedule A - Released Claims: Detailed list of specific claims being released

2. Schedule B - Related Agreements: List of any agreements affected by or related to the release

3. Schedule C - Excluded Claims: List of any claims specifically excluded from the release

4. Schedule D - Consideration Details: If consideration is complex, detailed breakdown of payment or other consideration terms

Authors

Alex Denne

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

alex.den.21@genieai.co

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Letter Of Release From Further Claims

A Canadian legal document that releases one party from future claims or legal actions by another party in exchange for agreed-upon consideration.

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Let's create your Unilateral Release Of Claims

Authors

Alex Denne

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