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Full Release Form for Indonesia

Full Release Form Template for Indonesia

A comprehensive legal document governed by Indonesian law that provides for the complete and unconditional release of claims, rights, demands, and causes of action between parties. This document is structured in accordance with the Indonesian Civil Code (KUHPer) and complies with Indonesian contract formation requirements, including potential dual-language requirements under Law No. 24 of 2009. It includes detailed provisions for the release of all current and future claims, consideration details, representations and warranties, and governing law provisions, while ensuring enforceability within the Indonesian legal framework.

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What is a Full Release Form?

A Full Release Form is a critical legal instrument used in Indonesian business and personal contexts to formally settle disputes and release claims between parties. This document is particularly relevant when parties seek to achieve a complete and final settlement of all existing and potential future claims. It is commonly used in various situations including employment terminations, commercial dispute resolutions, accident settlements, and corporate transactions. The document must comply with Indonesian legal requirements, including the Indonesian Civil Code (KUHPer) and language regulations. A properly executed Full Release Form provides legal certainty by preventing future claims related to the released matters, making it an essential tool for risk management and dispute resolution in Indonesia. The document typically includes comprehensive release language, consideration details, and necessary representations to ensure enforceability under Indonesian law.

What sections should be included in a Full Release Form?

1. Parties: Identification of the releasing party (Releasor) and the party being released (Releasee), including complete legal names and addresses

2. Background: Context of the dispute or circumstances leading to the release, including relevant dates and events

3. Definitions: Definitions of key terms used in the release, including 'Claims', 'Released Matters', and other relevant terms

4. Release and Discharge: Core section detailing the scope of claims being released and discharged

5. Consideration: Clear statement of the consideration being provided in exchange for the release

6. Representations and Warranties: Statements by the Releasor regarding their authority to grant the release and understanding of its implications

7. Governing Law: Specification of Indonesian law as the governing law and relevant jurisdiction

8. Language: Statement about the controlling language version (addressing Indonesian language requirements)

9. Execution: Signature blocks and execution requirements

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

1. Non-Admission of Liability: Optional clause stating that the release does not constitute an admission of liability - used when specifically requested by the Releasee

2. Confidentiality: Terms regarding confidentiality of the release and its terms - included when parties wish to keep the settlement private

3. Return of Property: Section dealing with return of any relevant property or documents - included when there are physical or intellectual property items to be returned

4. Tax Implications: Clause addressing responsibility for taxes - included when the consideration amount is substantial or has tax implications

5. Future Cooperation: Terms regarding any required future cooperation between parties - included when ongoing matters require future interaction

6. Severability: Clause ensuring remaining provisions survive if any provision is found invalid - included in more complex releases

What schedules should be included in a Full Release Form?

1. Schedule A - Released Claims: Detailed list of specific claims being released, if not fully covered in main document

2. Schedule B - Payment Details: Details of any payment or consideration structure, if complex

3. Schedule C - Related Parties: List of affiliated parties also covered by the release

4. Appendix 1 - Supporting Documents: Copies of relevant supporting documents referenced in 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

Jurisdiction

Indonesia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions










Clauses



























Relevant Industries

Manufacturing

Financial Services

Insurance

Real Estate

Construction

Technology

Healthcare

Retail

Energy

Mining

Transportation

Professional Services

Education

Hospitality

Agriculture

Relevant Teams

Legal

Human Resources

Risk Management

Compliance

Finance

Corporate Affairs

Operations

Claims Administration

Business Development

Contract Management

Executive Management

Project Management

Insurance

Relevant Roles

Legal Counsel

Human Resources Director

Risk Manager

Compliance Officer

Chief Financial Officer

Corporate Secretary

Operations Manager

Claims Manager

Settlement Officer

Business Development Manager

Contract Administrator

General Manager

Chief Executive Officer

Project Manager

Insurance Manager

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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