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1. Parties: Identification of all parties to the settlement, including full legal names, addresses, and registration details
2. Background: Recitals explaining the dispute or circumstances leading to the settlement, including reference to any existing proceedings
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Settlement Terms: Core settlement provisions including payment terms, mutual releases, and specific obligations
5. Payment Provisions: Detailed payment terms, including amounts, method, currency, and timing
6. Mutual Release and Waiver: Provisions for mutual release of claims and waiver of future rights related to the settled matter
7. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
8. Representations and Warranties: Standard representations about authority to settle and binding nature of agreement
9. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts' jurisdiction
10. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability
1. Non-Admission of Liability: Used when parties want to explicitly state that the settlement does not constitute admission of liability
2. Condition Precedents: Include when settlement effectiveness depends on certain conditions being met
3. Tax Provisions: Required when settlement involves significant payment with tax implications
4. Future Cooperation: Used when parties need to maintain business relationship post-settlement
5. Non-Disparagement: Include when reputation protection is important to either party
6. Implementation Steps: When settlement requires complex implementation or phased execution
7. Dispute Resolution: Include detailed arbitration or mediation clauses for future disputes
8. Third Party Rights: When settlement affects rights of parties not directly involved in the agreement
1. Schedule 1 - Settlement Payment Details: Detailed breakdown of settlement amounts, payment schedule, and bank details
2. Schedule 2 - Released Claims: Comprehensive list of claims being settled and released
3. Schedule 3 - Implementation Timeline: Detailed timeline for implementation of settlement terms
4. Schedule 4 - Related Proceedings: List of legal proceedings to be discontinued
5. Schedule 5 - Form of Release: Template for any additional release documents required
6. Appendix A - Supporting Documents: Key documents referenced in the settlement
7. Appendix B - Corporate Authorizations: Copies of board resolutions or other authorization documents
8. Appendix C - Related Agreements: Copies of any related agreements affected by the settlement
Affiliate
Business Day
Claim
Confidential Information
Dispute
Effective Date
Encumbrance
Force Majeure
Governing Law
Implementation Date
Liability
Loss
Material Adverse Effect
Original Agreement
Parties
Payment Date
Proceedings
Related Entities
Released Claims
Released Parties
Settlement Amount
Settlement Payment
Settlement Period
Settlement Terms
Signing Date
Supporting Documents
Tax
Territory
UAE
Working Hours
Released Matters
Relevant Period
Representatives
Dispute Notice
Governmental Authority
Intellectual Property Rights
Outstanding Amount
Payment Schedule
Related Agreements
Release Date
Definitions
Interpretation
Background
Settlement Terms
Payment Obligations
Release and Waiver
Confidentiality
Non-Admission of Liability
Representations and Warranties
Implementation
Conditions Precedent
Further Assurance
Tax Matters
Assignment
Third Party Rights
Notices
Force Majeure
Severability
Entire Agreement
Amendment and Variation
Costs
Counterparts
Non-Disparagement
Cooperation
Dispute Resolution
Governing Law
Jurisdiction
Authority
Waiver
Time of Essence
Termination
Survival
Indemnification
Compliance with Laws
Manufacturing
Trading
Construction
Real Estate
Financial Services
Technology
Retail
Healthcare
Energy
Transportation
Professional Services
Telecommunications
Hospitality
Industrial
Import/Export
Legal
Finance
Commercial
Compliance
Risk Management
Corporate Affairs
Business Development
Operations
Executive Leadership
Treasury
Contracts Administration
Chief Legal Officer
Legal Director
Commercial Director
Chief Financial Officer
Managing Director
General Counsel
Legal Manager
Contract Manager
Compliance Officer
Business Development Manager
Commercial Manager
Finance Director
Risk Manager
Corporate Secretary
Operations Director
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