A Mutual Release And Non Disparagement Agreement is commonly used when parties wish to formally conclude their relationship while protecting their respective interests under English and Welsh law. This document is particularly valuable in situations involving employment terminations, business partnership dissolutions, or dispute resolutions where parties seek to prevent future claims and protect their reputations. The agreement typically includes comprehensive release provisions, specific non-disparagement obligations, confidentiality requirements, and may also address social media conduct and public communications.
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1. Parties: Identification of all parties entering into the agreement
2. Background/Recitals: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Mutual Release: Terms of mutual release from claims, obligations, and liabilities
5. Non-Disparagement: Terms prohibiting parties from making negative statements about each other
6. Confidentiality: Obligations regarding confidential information and agreement terms
7. Governing Law: Specification of English and Welsh law as governing law
8. Execution: Signature blocks and execution provisions
1. Consideration: Details of any payment or other consideration when monetary or other consideration is part of the agreement
2. Social Media: Specific provisions regarding social media conduct when parties have significant social media presence
3. Future Cooperation: Terms for any required future cooperation between parties when ongoing relationship is necessary
4. Return of Property: Provisions for returning any property or documents when physical or intellectual property needs to be returned
5. Third Party Rights: Provisions regarding rights of third parties when agreement affects third party rights
1. Schedule of Claims: List of specific claims being released
2. Schedule of Confidential Information: Detailed list of what constitutes confidential information
3. Schedule of Excluded Claims: List of claims specifically excluded from the release
4. Form of Announcement: Agreed form of any public announcement regarding the agreement
Relevant legal definitions
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