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Release Form
"I need a Release Form for a departing senior employee who is receiving a severance package, to be signed by March 2025, that includes confidentiality and non-disparagement provisions while releasing all employment-related claims."
1. Parties: Identification of the releasing party and the party being released, including full legal names and addresses
2. Background: Context and circumstances leading to the release, including any relevant prior agreements or disputes
3. Definitions: Key terms used in the release form, including definition of claims, rights, and other relevant terminology
4. Scope of Release: Detailed description of the rights, claims, and liabilities being released or waived
5. Consideration: Statement of the value or consideration being provided in exchange for the release
6. Acknowledgments: Declarations confirming understanding, voluntary nature, and capacity to enter into the release
7. Execution: Signature blocks and execution requirements for all parties
1. Confidentiality: Terms regarding confidentiality obligations and handling of sensitive information
2. Future Claims: Provisions addressing potential future claims and ongoing obligations
3. Non-Disparagement: Terms preventing parties from making negative statements about each other
4. Severability: Clause ensuring survival of remaining provisions if any part is found invalid
5. Dispute Resolution: Procedures for resolving any disputes relating to the release
1. Schedule A - Released Claims: Detailed itemization of specific claims, rights, or matters being released
2. Schedule B - Excluded Claims: List of claims or rights specifically excluded from the release
3. Schedule C - Supporting Documentation: Copies of relevant documents referenced in or supporting the release
4. Schedule D - Payment Details: Details of any consideration or payment arrangements if applicable
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