General Release Of Claims

General Release Of Claims Template for Switzerland

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Key Requirements PROMPT example:

"I need a General Release of Claims for terminating a senior software engineer's employment effective March 15, 2025, including provisions for confidentiality, return of company property, and a settlement payment of 150,000 CHF."

Document background

The General Release of Claims is a crucial legal instrument under Swiss law used to formalize the settlement of disputes and potential claims between parties. This document is typically employed in situations where parties wish to achieve a clean break and prevent future litigation, such as employment terminations, business relationship conclusions, or dispute resolutions. The agreement must comply with Swiss legal requirements, particularly the Swiss Code of Obligations, and typically includes detailed provisions about the scope of claims being released, consideration provided, and any surviving obligations. It's particularly important in Switzerland's business environment, where clear documentation of legal relationships and their termination is essential for risk management and legal certainty.

Suggested Sections

1. Parties: Identification of all parties to the release, 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 throughout the agreement, including 'Claims', 'Effective Date', and any other relevant defined terms

4. Consideration: Details of any payment or other consideration being provided in exchange for the release

5. Release Provisions: Comprehensive description of claims being released, including temporal scope and nature of claims

6. Representations and Warranties: Statements by the releasing party about their authority to release claims and understanding of the agreement

7. Confidentiality: Obligations regarding confidentiality of the agreement and its terms

8. Non-Disparagement: Mutual obligations not to make negative statements about each other

9. Governing Law and Jurisdiction: Specification of Swiss law as governing law and designation of competent courts

10. Entire Agreement: Confirmation that this document represents the complete agreement between parties

11. Execution: Signature blocks and date of agreement

Optional Sections

1. Return of Property: Used when there is company property or confidential information to be returned

2. Continuing Obligations: Include when certain obligations from previous agreements should survive

3. Tax Implications: Include when the release involves significant monetary consideration or tax-relevant matters

4. Future Cooperation: Used when parties need to cooperate on transition matters or pending issues

5. Reference Provision: Include in employment-related releases when dealing with future employment references

6. Revocation Period: Include when applicable law requires a cooling-off period

7. Insurance Claims: Used when insurance claims or rights need to be specifically addressed

8. Third Party Rights: Include when the release affects or benefits third parties

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims being released, if any specific claims need to be enumerated

2. Payment Schedule: If consideration is to be paid in installments or involves multiple components

3. List of Excluded Claims: Enumeration of any claims specifically excluded from the release

4. Property Return Checklist: Itemized list of property or documents to be returned, if applicable

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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Authors

Alex Denne

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