Ƶ

Agreement And Release for Philippines

Agreement And Release Template for Philippines

A comprehensive legal document governed by Philippine law that combines both an agreement between parties and a mutual release of claims or obligations. This document serves to memorialize the terms of a settlement or arrangement while simultaneously providing for the release of actual or potential claims between the parties. It must comply with the Civil Code of the Philippines and related legislation, including specific requirements for valid contracts and releases. The document typically includes detailed provisions about consideration, scope of release, representations and warranties, and various other terms that protect all parties' interests while ensuring enforceability under Philippine jurisdiction.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Agreement And Release

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Agreement And Release?

The Agreement and Release is a vital legal instrument in Philippine business and civil matters, commonly used to formalize settlements, conclude business relationships, or resolve disputes while providing mutual protection to all parties involved. This document type is particularly relevant when parties wish to reach a definitive conclusion to their dealings while ensuring that all potential claims or liabilities are properly addressed and released. It must be drafted in compliance with Philippine civil law requirements, particularly the Civil Code's provisions on contracts and obligations. The document typically includes essential elements such as clear identification of parties, detailed description of the subject matter, specification of consideration, comprehensive release provisions, and various protective clauses. It's frequently used in employment separations, business dissolutions, dispute settlements, and other situations where parties need to document both their forward-looking agreements and backward-looking releases.

What sections should be included in a Agreement And Release?

1. Parties: Identifies and defines all parties to the agreement, including their legal names, addresses, and any relevant registration details

2. Background: Sets out the context and circumstances leading to the agreement and release, including any relevant history of the relationship between the parties

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Consideration: Specifies the consideration being provided in exchange for the release, as required for contract validity under Philippine law

5. Release Provisions: Details the specific claims, rights, and obligations being released, including the scope and extent of the release

6. Representations and Warranties: Contains statements of fact and guarantees made by each party regarding their capacity to enter into the agreement and other relevant matters

7. Confidentiality: Sets out obligations regarding the confidentiality of the agreement and its terms

8. Governing Law: Specifies that Philippine law governs the agreement and details jurisdiction for dispute resolution

9. Entire Agreement: Confirms that this document represents the complete agreement between the parties and supersedes any prior agreements

10. Execution: Contains signature blocks and execution formalities compliant with Philippine law requirements

What sections are optional to include in a Agreement And Release?

1. Non-Admission of Liability: Include when the release relates to disputed matters and the paying party wishes to explicitly state that the settlement does not constitute an admission of liability

2. Future Cooperation: Include when parties need to specify any ongoing obligations or cooperation requirements after the release

3. Tax Provisions: Include when the consideration or settlement amount has tax implications that need to be addressed

4. Non-Disparagement: Include when parties wish to prevent negative statements about each other after the release

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

6. Severability: Include when parties want to ensure that if any provision is found invalid, the rest of the agreement remains effective

7. Amendment Provisions: Include when parties want to specify procedures for future modifications to the agreement

8. Insurance and Indemnification: Include when ongoing indemnification obligations need to be addressed or preserved

What schedules should be included in a Agreement And Release?

1. Schedule A - Released Claims: Detailed list of specific claims, disputes, or rights being released

2. Schedule B - Settlement Payment Terms: Details of any settlement amounts, payment schedules, and payment methods

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

4. Appendix 1 - Related Agreements: Copies or references to any related agreements affected by or relevant to the release

5. Appendix 2 - Corporate Authorizations: Copies of corporate resolutions or other authorization documents if parties are corporations

6. Appendix 3 - Property Schedule: Detailed list of any property to be transferred or returned between parties

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

Philippines

Publisher

Ƶ

Document Type

Release Agreement

Cost

Free to use
Relevant legal definitions




































Clauses































Relevant Industries

Banking and Finance

Real Estate

Construction

Manufacturing

Information Technology

Healthcare

Retail

Professional Services

Insurance

Education

Telecommunications

Transportation and Logistics

Energy

Mining

Agriculture

Entertainment and Media

Relevant Teams

Legal

Human Resources

Compliance

Risk Management

Finance

Operations

Corporate Affairs

Administrative

Executive Leadership

Business Development

Relevant Roles

Legal Counsel

Corporate Secretary

Human Resources Director

Chief Executive Officer

Chief Financial Officer

Risk Manager

Compliance Officer

Operations Manager

Contract Administrator

Business Development Manager

Project Manager

Human Resources Manager

Settlement Officer

Claims Manager

General Manager

Managing Director

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

Find the exact document you need

Waiver Release And Hold Harmless Agreement

A Philippine law-governed agreement where participants waive their right to sue and release organizations from liability for specific activities or services.

Download

Mutual Release Form (Real Estate)

A Philippine law-compliant mutual release agreement for resolving and releasing claims related to real estate transactions and disputes.

Download

Employee Waiver Of Liability

A Philippine law-compliant liability waiver agreement between employer and employee for specific employment-related risks and activities.

Download

Hold Harmless Release Letter

A Philippine law-governed document where one party releases another from legal liability for specified risks or activities, structured according to Civil Code requirements.

Download

Waiver Of Liability For Construction Work

A Philippine-compliant liability waiver document for construction work that manages risk allocation between parties while adhering to local construction and labor laws.

Download

Covenant Not To Sue Form

A Philippine law-governed agreement where one party commits not to pursue legal action against another regarding specific claims, while maintaining the underlying legal rights.

Download

Termination And Release Agreement (Real Estate)

A Philippine law-governed agreement that terminates real estate contracts and provides mutual release of obligations between parties, ensuring compliant closure of property transactions.

Download

Release Of Memorandum Of Contract

A Philippine legal document that formally releases and cancels a previously recorded memorandum of contract from property records.

Download

Release Of Contract Form (Real Estate)

A Philippine law-compliant document that formally terminates and releases parties from their obligations under an existing real estate contract, requiring notarization and including specific property-related provisions.

Download

Mutual Release Contract

A bilateral agreement under Philippine law where parties mutually release each other from claims, obligations, or liabilities.

Download

Vehicle Damage Release Form

A Philippine law-compliant document that settles and releases claims related to vehicle damage incidents through formal agreement between involved parties.

Download

Release And Covenant Not To Sue

A Philippine law-governed agreement where one party releases another from claims and commits not to pursue legal action, typically used in dispute resolution and settlements.

Download

Handyman Waiver Form

A Philippine law-compliant waiver form protecting handymen and clients by defining service scope and liability limitations.

Download

Use Of Likeness Agreement

A Philippine law-governed agreement that authorizes and regulates the use of an individual's likeness, image, or personal attributes for specified purposes.

Download

Formal Lease Termination Letter

A legal document used in the Philippines to formally terminate a lease agreement between landlord and tenant, complying with Philippine property law and rental regulations.

Download

Music Release Contract

A Philippine law-governed agreement between artists and record labels/distributors establishing rights, royalties, and obligations for music releases.

Download

Press Release Agreement

A Philippine law-governed agreement establishing terms for press release services, including creation, approval, and distribution requirements.

Download

Video Release Agreement

A Philippine law-compliant agreement authorizing the recording, use, and distribution of video content featuring an individual or entity, protecting both creator and subject rights.

Download

Work Immersion Agreement And Liability Waiver

A Philippine-compliant agreement establishing terms for student work immersion programs while incorporating necessary liability protections for all parties involved.

Download

Waiver Of Rights Agreement

A Philippine law-compliant agreement where one party voluntarily surrenders specific legal rights or claims, subject to local statutory requirements and limitations.

Download

Contract And Release

A dual-purpose agreement under Philippine law that establishes new contractual obligations while releasing specified past claims or rights between parties.

Download

Simple Release Agreement

A Philippine law-governed agreement where one party releases claims or rights against another party, providing legal finality to disputes or potential claims.

Download

Insurance Hold Harmless Agreement

A Philippine law-governed agreement establishing insurance requirements and hold harmless provisions for risk transfer between parties.

Download

Debt Waiver Agreement

A Philippine law-governed agreement documenting a creditor's formal waiver of their right to collect a specified debt from a debtor.

Download

Agreement Not To Sue

A Philippine law-governed agreement where one party formally agrees not to pursue legal action against another party regarding specific claims, typically in exchange for consideration.

Download

Release Of Security Agreement

A Philippine law-governed agreement that terminates security interests over collateral following satisfaction of secured obligations.

Download

Release From Employment Contract

A Philippine-law governed agreement documenting employment termination terms, final settlements, and mutual releases between employer and employee.

Download

Media Release Agreement

A Philippine-law governed agreement authorizing the use and distribution of media content while protecting creator and subject rights.

Download

General Release And Waiver

A Philippine law-governed document that formally releases one party from claims or liabilities by another party, including specific terms and conditions for the release.

Download

General Mutual Release Agreement

A Philippine law-governed agreement where parties mutually release each other from all existing and potential claims, providing a comprehensive settlement of disputes.

Download

Covenant Not To Sue Settlement Agreement

A Philippine law-governed agreement that combines settlement terms with a commitment not to pursue legal action regarding resolved disputes.

Download

Termination Release Agreement

A Philippine law-compliant agreement documenting employment termination terms and mutual releases between employer and employee.

Download

Talent Release Agreement

A Philippine law-governed agreement that establishes terms for talent's image and performance rights usage by production companies.

Download

Release And Waiver Of Liability Form

A Philippine law-compliant document where one party waives their right to sue another for potential injuries or damages arising from specified activities, subject to certain legal limitations.

Download

Release And Indemnification Form

A Philippine law-governed document that combines release of claims and indemnification obligations between parties, establishing liability protection and risk allocation.

Download

Release Of Purchase Agreement

A Philippine law-governed document that formally releases parties from their obligations under an existing purchase agreement.

Download

Release Of Guarantee Agreement

A Philippine law-governed agreement that formally releases a guarantor from their obligations under an existing guarantee arrangement.

Download

Release Of Confidentiality Form

A Philippine law-compliant document that formally releases parties from their confidentiality obligations while ensuring data privacy compliance.

Download

Motorcycle Ride Waiver Release Consent

A Philippine-compliant waiver and release form for motorcycle activities that protects operators while ensuring participant awareness of risks and safety requirements.

Download

Termination Of Contract And Release Of Earnest Money Form

A Philippine law-compliant form for terminating contracts and resolving earnest money matters between parties, including mutual releases and settlement terms.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it