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Deed Of Settlement And Release
"I need a Deed of Settlement and Release for resolving an employment dispute with a former senior executive, including confidentiality provisions and a mutual non-disparagement clause, with settlement payment to be made by March 15, 2025."
1. Parties: Identifies and defines all parties to the deed, including their legal capacity and contact details
2. Background: Sets out the context of the dispute or circumstances leading to the settlement, including key dates and events
3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes interpretation principles
4. Settlement Sum: Details the agreed settlement amount and payment terms
5. Release and Discharge: Comprehensive release provisions specifying what claims are being released and the scope of the release
6. Bar to Future Actions: Provisions preventing parties from bringing future claims covered by the release
7. Warranties and Representations: Each party's confirmations about their capacity and authority to enter into the deed
8. GST and Tax: Addresses tax implications and GST treatment of the settlement sum
9. Costs: Specifies how legal and other costs related to the dispute and settlement are to be handled
10. Execution: Formal execution provisions complying with New Zealand deed requirements
1. Confidentiality: Required when parties wish to keep the settlement terms confidential
2. Non-Disparagement: Used when parties agree not to make negative statements about each other
3. Ongoing Obligations: Needed when certain obligations continue after settlement
4. Return of Property: Include when settlement involves return of physical or intellectual property
5. Third Party Rights: Required when settlement affects rights of third parties
6. Mutual Release: Used when both parties are releasing claims against each other
7. Severability: Optional clause protecting remainder of deed if any provision is found invalid
8. Acknowledgment of Independent Legal Advice: Important in settlements with significant value or complexity
1. Schedule 1 - Details of Claims: Itemizes specific claims being settled and released
2. Schedule 2 - Payment Terms: Detailed payment schedule if settlement involves installment payments
3. Schedule 3 - Released Parties: List of all parties benefiting from the release, including related entities
4. Schedule 4 - Deed of Non-Disclosure: Detailed confidentiality terms if required
5. Appendix A - Related Proceedings: Lists any related court proceedings or disputes being resolved
6. Appendix B - Settlement Deed Certificate: Certificate confirming independent legal advice if required
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Legal Services
Financial Services
Insurance
Construction
Manufacturing
Professional Services
Healthcare
Real Estate
Retail
Technology
Education
Mining and Resources
Legal
Risk Management
Compliance
Executive Leadership
Human Resources
Finance
Commercial Operations
Corporate Affairs
Business Development
Claims Management
Legal Counsel
General Counsel
Chief Legal Officer
Risk Manager
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Human Resources Director
Claims Manager
Contract Manager
Company Secretary
Settlement Officer
Dispute Resolution Manager
Business Development Manager
Commercial Manager
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