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Standard Release Form for Hong Kong

Standard Release Form Template for Hong Kong

A Standard Release Form under Hong Kong law is a legally binding document that formally discharges one party from claims, obligations, or liabilities owed to another party. This document, governed by Hong Kong's common law system and relevant ordinances, provides a comprehensive framework for releasing rights and waiving future claims. It includes essential provisions for the validity of the release, representations and warranties, and may incorporate specific requirements for witness signatures and independent legal advice, particularly for significant releases. The document ensures compliance with Hong Kong's Contract Ordinance and Control of Exemption Clauses Ordinance, while also addressing personal data protection requirements where applicable.

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What is a Standard Release Form?

The Standard Release Form is a crucial legal document used in Hong Kong business and personal contexts to formally discharge parties from claims, obligations, or liabilities. This document becomes necessary in various situations, including settlement of disputes, completion of projects, termination of employment relationships, or conclusion of business transactions. The form, governed by Hong Kong law, typically includes detailed provisions about the scope of the release, consideration provided, and representations by the releasing party. It must comply with Hong Kong's Contract Ordinance and other relevant legislation, particularly regarding the enforceability of liability waivers. The Standard Release Form often requires careful consideration of both current and potential future claims, and may need to be witnessed or notarized depending on the significance of the release and the specific requirements of the situation.

What sections should be included in a Standard Release Form?

1. Parties: Identifies and defines all parties involved - the Releasor (person giving the release) and Releasee (person being released)

2. Background: Brief context explaining the circumstances leading to the release

3. Definitions: Defines key terms used throughout the document

4. Release and Discharge: Core provision detailing what claims, rights, or obligations are being released

5. Consideration: Specifies what is being given in exchange for the release

6. Representations and Warranties: Statements by the Releasor about their authority to give the release and understanding of what is being released

7. Governing Law: Specifies Hong Kong law as governing law and jurisdiction

8. Execution: Signature blocks and execution requirements

What sections are optional to include in a Standard Release Form?

1. Confidentiality: Include when the release involves sensitive information or there's a need to keep the terms confidential

2. Future Claims: Include when specifically releasing unknown future claims that may arise

3. Non-Admission of Liability: Include when the Releasee wants to explicitly state that the release does not constitute admission of liability

4. Return of Property: Include when physical or intellectual property needs to be returned as part of the release

5. Severability: Include when there's a need to ensure remaining provisions survive if any provision is found invalid

6. Witness Statement: Include when additional verification of signing is required or when dealing with significant releases

What schedules should be included in a Standard Release Form?

1. Schedule 1 - Details of Released Matters: Detailed list of specific claims, rights, or matters being released

2. Schedule 2 - Excluded Claims: List of any claims or rights specifically excluded from the release

3. Schedule 3 - Related Documents: List of any related agreements or documents referenced in the release

4. Appendix A - Signing Requirements: Specific requirements for execution, including witness requirements 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

Jurisdiction

Hong Kong

Publisher

Ƶ

Document Type

Liability Waiver

Cost

Free to use
Relevant legal definitions



























Clauses
























Relevant Industries

Media and Entertainment

Healthcare

Construction

Manufacturing

Financial Services

Insurance

Real Estate

Technology

Sports and Recreation

Education

Professional Services

Retail

Transportation

Event Management

Relevant Teams

Legal

Human Resources

Risk Management

Compliance

Operations

Corporate Secretariat

Claims and Settlements

Employee Relations

Contract Administration

Relevant Roles

Legal Counsel

HR Manager

Risk Manager

Compliance Officer

Contract Administrator

Project Manager

Operations Director

Business Development Manager

Company Secretary

Claims Manager

Settlement Officer

Corporate Lawyer

Employment Relations Manager

Legal Administrator

Chief Legal Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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