Release And Waiver Of Claims for United Arab Emirates

Release And Waiver Of Claims Template for United Arab Emirates

This document serves as a legally binding agreement under UAE law where one party (the Releasor) agrees to waive and release certain legal claims against another party (the Releasee). Governed by UAE Civil Code (Federal Law No. 5 of 1985) and related legislation, it provides a formal mechanism for settling disputes, concluding legal matters, or managing risk. The document includes specific provisions for consideration, scope of release, representations, and warranties, all structured to ensure enforceability within the UAE legal framework. It can be customized for various contexts including employment settlements, commercial disputes, or personal injury claims.

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What is a Release And Waiver Of Claims?

The Release And Waiver of Claims document is a crucial legal instrument in the United Arab Emirates, designed to formally document the voluntary relinquishment of legal rights or claims by one party against another. It operates within the framework of UAE Civil Code and related federal laws, requiring careful consideration of local legal requirements for validity and enforcement. This document is commonly used in various scenarios including employment terminations, settlement of disputes, accident claims, or business transactions where parties seek to achieve finality and certainty in their legal relationships. The document must include clear identification of parties, explicit description of claims being released, valid consideration, and proper execution formalities to be enforceable under UAE law. It's particularly important in the UAE business environment where formal documentation of settlements and releases is essential for risk management and legal compliance.

What sections should be included in a Release And Waiver Of Claims?

1. Parties: Identification of the Releasor (party giving up claims) and Releasee (party being released), including full legal names and addresses

2. Background: Context of the relationship between parties and circumstances leading to the release

3. Definitions: Key terms used in the document, including 'Claims', 'Released Parties', and any specific terms relevant to the situation

4. Consideration: Details of the consideration being provided in exchange for the release (required for validity under UAE law)

5. Release and Waiver: Core section detailing the claims being released and waived, scope of the release, and specific rights being given up

6. Representations and Warranties: Statements by the Releasor confirming their authority to give the release, understanding of rights being waived, and that they act voluntarily

7. Governing Law and Jurisdiction: Specification of UAE law as governing law and designation of relevant UAE courts for dispute resolution

8. Execution: Signature blocks with attestation requirements as per UAE law

What sections are optional to include in a Release And Waiver Of Claims?

1. Non-Admission of Liability: Optional clause stating that the release does not constitute admission of liability by any party - used in disputed matters

2. Confidentiality: Requirements for keeping the terms of the release confidential - used in sensitive or commercial matters

3. Future Claims: Specific provisions regarding unknown future claims - used in comprehensive settlements

4. Return of Property: Requirements for returning any property or documents - used in employment or commercial relationships

5. Non-Disparagement: Mutual agreements not to make negative statements - used in employment or public-facing situations

6. Cooperation: Obligations to cooperate in related matters - used when ongoing matters require party cooperation

7. Severability: Provision for survival of remaining terms if any term is found invalid - used in complex releases

What schedules should be included in a Release And Waiver Of Claims?

1. Schedule 1 - Specific Claims: Detailed list of specific claims being released, including dates, amounts, and circumstances

2. Schedule 2 - Released Parties: Comprehensive list of all parties benefiting from the release, including affiliated entities and individuals

3. Schedule 3 - Settlement Payment Details: Details of any settlement payments, including payment schedule and method

4. Appendix A - Related Documents: List and/or copies of related agreements or documents referenced in the release

5. Appendix B - Required Notices: Any statutory or regulatory notices required under UAE law for specific types of releases

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Genie AI

Document Type

Release Agreement

Cost

Free to use
Relevant Industries

Construction

Real Estate

Banking and Finance

Insurance

Healthcare

Technology

Manufacturing

Retail

Professional Services

Oil and Gas

Transportation

Education

Hospitality

Media and Entertainment

Telecommunications

Relevant Teams

Legal

Human Resources

Risk Management

Compliance

Operations

Finance

Insurance

Claims

Corporate Governance

Business Development

Project Management

Relevant Roles

Legal Counsel

Human Resources Director

Risk Manager

Compliance Officer

Chief Legal Officer

Contract Manager

Business Development Manager

Project Manager

Operations Director

Chief Executive Officer

Chief Financial Officer

Insurance Manager

Claims Handler

Settlement Officer

Corporate Secretary

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

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