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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
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
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
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
Legal
Human Resources
Compliance
Risk Management
Finance
Operations
Corporate Affairs
Administrative
Executive Leadership
Business Development
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
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