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Statement Of Release Form for Indonesia

Statement Of Release Form Template for Indonesia

A Statement of Release Form under Indonesian law is a legally binding document through which one party (the Releasor) voluntarily relinquishes their right to pursue legal claims against another party (the Releasee). The document is governed by Indonesian civil law, particularly the Indonesian Civil Code (KUHPerdata), and must comply with Law No. 24 of 2009 regarding language requirements. It serves to formally document the settlement of disputes, waiver of rights, or release of liability, providing legal protection for all involved parties while ensuring compliance with Indonesian legal requirements for contract formation and enforcement.

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What is a Statement Of Release Form?

The Statement of Release Form is a crucial legal instrument in Indonesian business and civil matters, used to formalize the waiver of rights or claims between parties. This document type is commonly employed in various scenarios including settlement of disputes, employment terminations, accident claims, or property transactions. It must comply with Indonesian legal requirements, particularly the Indonesian Civil Code (KUHPerdata) and Law No. 24 of 2009 regarding language use. The document typically includes detailed identification of parties, specific rights being released, consideration provided, and necessary legal declarations. It's essential for risk management and dispute resolution, providing clear documentation of the agreement and protecting both the releasing and released parties from future claims.

What sections should be included in a Statement Of Release Form?

1. Header and Date: Document title, date of execution, and reference number if applicable

2. Parties: Full identification of the releasing party (Releasor) and the party being released (Releasee), including legal names, addresses, and any relevant identification numbers

3. Background: Brief context explaining the circumstances leading to the release, including any relevant incidents, claims, or relationships between the parties

4. Definitions: Clear definitions of key terms used in the document, particularly defining the scope of what is being released

5. Release Statement: The core statement where the Releasor explicitly releases, waives, and discharges all claims against the Releasee

6. Consideration: Statement of the consideration being provided in exchange for the release

7. Legal Declarations: Statements confirming the Releasor's legal capacity, understanding of the document, and voluntary execution

8. Governing Law: Specification that Indonesian law governs the release

9. Execution: Signature blocks for all parties, including witnesses if required

What sections are optional to include in a Statement Of Release Form?

1. Confidentiality: Required when the parties wish to keep the terms of the release or the underlying incident confidential

2. Non-Disparagement: Optional clause preventing parties from making negative statements about each other

3. Future Claims: Additional language specifically addressing potential future claims when needed

4. Return of Property: Include when there is any physical or intellectual property that needs to be returned or transferred between parties

5. Language Provision: Required when the document is bilingual, specifying which language version prevails

6. Severability: Optional clause stating that if any provision is found invalid, the rest remains enforceable

What schedules should be included in a Statement Of Release Form?

1. Schedule A - Description of Incident: Detailed description of the incident or circumstances being released, if applicable

2. Schedule B - List of Released Claims: Itemized list of specific claims or rights being released, if multiple or complex

3. Schedule C - Consideration Details: If consideration is complex or involves multiple components, detailed breakdown here

4. Appendix 1 - Supporting Documents: Any 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

Legal Services

Insurance

Healthcare

Construction

Manufacturing

Real Estate

Human Resources

Professional Services

Education

Retail

Transportation

Entertainment

Sports and Recreation

Technology

Relevant Teams

Legal

Human Resources

Risk Management

Compliance

Operations

Corporate Affairs

Insurance

Claims Processing

Contract Administration

Document Management

Relevant Roles

Legal Counsel

HR Manager

Risk Manager

Compliance Officer

Corporate Secretary

Claims Manager

Settlement Officer

Contract Administrator

General Manager

Operations Director

Human Resources Director

Legal Director

Insurance Claims Adjuster

Property Manager

Project 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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