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1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Description of the dispute or claims being settled and the parties' desire to resolve them
3. Definitions: Definitions of key terms used in the agreement
4. Settlement Payment: Details of the settlement amount, payment terms, and method of payment
5. Release and Waiver: Comprehensive release of claims and waiver of rights by the parties
6. No Admission of Liability: Statement that the settlement does not constitute admission of liability by any party
7. Confidentiality: Obligations to keep the settlement terms and related information confidential
8. Entire Agreement: Confirmation that this agreement represents the entire understanding between the parties
9. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
10. Execution: Signature blocks and execution requirements
1. Regulatory Approvals: Required when the settlement needs specific regulatory clearances or approvals
2. Tax Provisions: Include when there are tax implications that need to be addressed
3. Non-Disparagement: When parties agree not to make negative statements about each other
4. Continuing Obligations: When certain obligations survive the settlement
5. Third Party Rights: When the settlement affects rights of parties not directly involved in the agreement
6. Return of Property: When physical or intellectual property needs to be returned or transferred
7. Implementation Steps: When specific actions are required to implement the settlement
1. Schedule 1 - Disputed Matters: Detailed description of all claims and disputes being settled
2. Schedule 2 - Settlement Payment Details: Breakdown of settlement amounts, payment schedule, and bank details
3. Schedule 3 - Related Agreements: List of any related agreements affected by or referenced in the settlement
4. Schedule 4 - Release Documents: Forms of any additional release documents to be executed
5. Schedule 5 - Implementation Timeline: Timeline for implementing various aspects of the settlement
6. Appendix A - Supporting Documents: Copies of relevant supporting documents referenced in the agreement
Definitions
Settlement Payment
Release
Waiver
No Admission of Liability
Confidentiality
Non-Disparagement
Representations and Warranties
Tax
Further Assurance
Assignment
Severability
Amendment
Notices
Costs
Force Majeure
Entire Agreement
Third Party Rights
Counterparts
Language
Governing Law
Jurisdiction
Time Limits
Execution
Banking and Financial Services
Real Estate and Construction
Manufacturing and Industrial
Technology and Communications
Healthcare and Pharmaceuticals
Energy and Resources
Retail and Consumer Goods
Professional Services
Transportation and Logistics
Insurance
Government and Public Sector
Education
Legal
Compliance
Risk Management
Executive Leadership
Human Resources
Finance
Commercial Operations
Corporate Secretariat
Dispute Resolution
Contract Administration
Legal Director
General Counsel
Chief Legal Officer
Compliance Officer
Risk Manager
Chief Executive Officer
Chief Financial Officer
Corporate Secretary
Legal Manager
Settlement Officer
Dispute Resolution Manager
Human Resources Director
Commercial Director
Claims Manager
Contract Manager
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