Release And Discharge Letter

Release And Discharge Letter Template for Switzerland

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Key Requirements PROMPT example:

"I need a Release and Discharge Letter under Swiss law for a departing senior executive who will be leaving our technology company on March 15, 2025, including confidentiality obligations and the return of company property, with a settlement payment of 200,000 CHF."

Document background

The Release and Discharge Letter is a crucial legal instrument in Swiss business and employment relations, commonly used to provide closure to various business relationships, employment terminations, or dispute resolutions. This document type is particularly important in Switzerland, where it must comply with specific requirements under the Swiss Code of Obligations and related civil law provisions. It is typically employed when parties wish to formally conclude their legal obligations to each other, whether in the context of employment separation, business dissolution, or dispute settlement. The Release and Discharge Letter includes essential elements such as clear identification of the parties, specific claims being released, any consideration provided, and necessary acknowledgments. It serves to prevent future legal claims while providing certainty and closure to all parties involved.

Suggested Sections

1. Letter Header: Date, sender/recipient details, and reference line identifying the subject matter

2. Opening Salutation: Formal greeting to the recipient

3. Background Context: Brief description of the relationship between parties and relevant circumstances leading to the release

4. Claims Description: Clear identification of the claims, rights, or obligations being released

5. Release Statement: Explicit and unambiguous statement of release and discharge

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

7. Acknowledgment: Confirmation that the releasing party understands the implications of the release

8. Closing: Formal closing, including space for signatures and date of execution

Optional Sections

1. Non-Admission of Liability: Optional clause stating that the release does not constitute an admission of liability by either party

2. Confidentiality: Optional provisions regarding confidentiality of the release terms and underlying dispute

3. Return of Property: Where applicable, confirmation of return of any company property or documents

4. Non-Disparagement: Optional mutual or unilateral agreement not to make negative statements about the other party

5. Surviving Obligations: Reference to any obligations that survive the release

6. Tax Implications: Optional statement regarding responsibility for tax implications of any payments

7. Legal Advice: Confirmation that the releasing party had the opportunity to seek independent legal advice

Suggested Schedules

1. Payment Schedule: If applicable, details of any payment amounts and timing

2. List of Released Claims: Detailed enumeration of specific claims being released, if numerous or complex

3. Property Inventory: If applicable, list of any property or documents to be returned

4. Prior Agreements: List of any prior agreements being superseded or terminated by the release

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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Financial Services

Manufacturing

Professional Services

Technology

Healthcare

Construction

Real Estate

Retail

Education

Hospitality

Consulting

Transportation

Energy

Telecommunications

Insurance

Relevant Teams

Legal

Human Resources

Compliance

Risk Management

Executive Leadership

Finance

Operations

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Legal Counsel

HR Director

Chief Legal Officer

HR Manager

Compliance Officer

Risk Manager

General Counsel

Employment Lawyer

Corporate Secretary

Chief Executive Officer

Chief Financial Officer

HR Business Partner

Operations Manager

Contract Manager

Business Unit Director

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