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Full Deed Of Release
"I need a Full Deed of Release for an amicable separation with a senior employee who is leaving our technology company on March 15, 2025, including standard confidentiality provisions and the return of company equipment."
1. Parties: Identification of the releasing and released parties, including full legal names and addresses
2. Background: Context of the release, relationship between parties, and circumstances leading to the release
3. Definitions: Key terms used throughout the deed including 'Claims', 'Release Date', and other relevant definitions
4. Release Provisions: Detailed provisions specifying the claims being released, including known and unknown claims
5. Consideration: Details of the value or compensation provided in exchange for the release
6. Representations and Warranties: Statements of fact and promises made by each party regarding the release
7. Execution: Signature blocks, witnessing requirements, and execution formalities
1. Non-Disparagement: Mutual agreement not to make negative statements about the other party, typically used in employment-related releases
2. Confidentiality: Terms regarding confidentiality of the agreement and its contents, used when settlement terms should remain private
3. Return of Property: Requirements for returning company property, typically included in employment-related releases
4. OWBPA Compliance: Specific provisions required by the Older Workers Benefit Protection Act when releasing age discrimination claims
5. Cooperation: Requirements for ongoing cooperation between parties, often used in complex dispute resolutions
1. Schedule A - Schedule of Claims: Detailed list of specific claims being released, including dates and circumstances
2. Schedule B - Schedule of Property: Itemized list of property to be returned or transferred between parties
3. Schedule C - Schedule of Consideration: Detailed breakdown of consideration being provided, including payment terms and conditions
4. Schedule D - Compliance Requirements: List of specific compliance requirements and statutory provisions being addressed
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