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Release Of Claims Form
"I need a Release of Claims Form under Irish law for a departing senior executive who will receive a severance package of €150,000, with the release to be effective from March 1, 2025, and including standard non-disparagement and confidentiality provisions."
1. Parties: Identifies the Releasor (person giving up claims) and Releasee (person being released from claims), including full legal names and addresses
2. Background: Explains the context and circumstances leading to the release, including any relevant disputes or incidents
3. Definitions: Defines key terms used throughout the document, including 'Claims', 'Released Matters', and any specific incidents or time periods
4. Consideration: States the consideration being provided in exchange for the release, whether monetary or otherwise
5. Release: The core section detailing the claims being released, including scope and extent of the release
6. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party
7. Representations and Warranties: Statements by the Releasor regarding their authority to release claims and understanding of the agreement
8. Governing Law: Specifies that Irish law governs the agreement and its interpretation
9. Execution: Signature blocks and execution requirements
1. Future Claims: Used when the release should cover future claims; must be carefully worded under Irish law
2. Confidentiality: Include when parties wish to keep the terms of the release confidential
3. Tax Indemnity: Include when there are tax implications from any settlement payment
4. Return of Property: Used in employment contexts when company property needs to be returned
5. Non-Disparagement: Optional clause preventing parties from making negative statements about each other
6. Cooperation: Include when ongoing cooperation is needed for implementing the release
7. Severability: Optional clause ensuring survival of agreement if certain provisions are found invalid
8. Revocation Period: Include for employment-related releases where a statutory revocation period applies
1. Schedule 1 - Released Claims: Detailed list of specific claims being released
2. Schedule 2 - Payment Terms: Details of any settlement payment amounts, timing, and method of payment
3. Schedule 3 - Excluded Claims: List of claims specifically excluded from the release
4. Appendix A - Related Entities: List of affiliated entities covered by the release
5. Appendix B - Prior Agreements: List of any prior agreements affected by or incorporated into the release
Authors
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Insurance
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Professional Services
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Real Estate
Technology
Retail
Education
Transportation
Energy
Telecommunications
Legal
Human Resources
Risk Management
Compliance
Executive Leadership
Operations
Insurance
Corporate Affairs
Employee Relations
Administrative Services
Legal Counsel
HR Manager
Risk Manager
Compliance Officer
Claims Adjuster
Settlement Officer
Corporate Secretary
CEO
CFO
Operations Manager
Contract Administrator
Employee Relations Manager
Insurance Manager
General Counsel
Business Unit Director
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