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1. Parties: Identification of the supplier and the company/entity granting the release, including full legal names, addresses, and registration details
2. Background: Brief description of the business relationship, reference to original agreements, and context for the release
3. Definitions: Key terms used in the release form, including 'Released Claims', 'Effective Date', and any specific terms relevant to the supplier relationship
4. Release and Discharge: Core section detailing the scope of release, specifically what claims, liabilities, and obligations are being released
5. Consideration: Statement of the consideration being provided in exchange for the release
6. Representations and Warranties: Statements from both parties confirming their authority to enter into the release and understanding of its implications
7. Governing Law and Jurisdiction: Specification of UAE law as governing law and designation of relevant Emirates court jurisdiction
8. Execution: Signature blocks for authorized representatives of both parties, with space for witnesses if required
1. Surviving Obligations: Used when certain obligations from the original agreement need to survive the release
2. Confidentiality: Include when there are specific confidentiality obligations that need to be maintained post-release
3. Non-Disparagement: Optional clause preventing parties from making negative statements about each other
4. Return of Materials: Include when there are physical or digital materials that need to be returned or destroyed
5. Tax Implications: Include when the release has specific tax consequences that need to be addressed
6. Further Assurances: Used when additional actions may be required from either party to effectuate the release
7. Language Provision: Include when document is bilingual to specify which language version prevails
1. Schedule 1 - Original Agreement Details: List of all agreements and documents being released or terminated
2. Schedule 2 - Released Claims: Detailed enumeration of specific claims or potential claims being released
3. Schedule 3 - Outstanding Payments: If applicable, list of any final payments or financial settlements included in the release
4. Appendix A - Authority Documents: Copies of power of attorney or board resolutions authorizing the release
5. Appendix B - Release Confirmation Form: Template for any additional confirmation documents required from related parties
Affiliates
Business Day
Claims
Confidential Information
Consideration
Effective Date
Encumbrance
Group
Intellectual Property Rights
Liability
Loss
Original Agreement
Parties
Released Claims
Released Matters
Releasing Party
Released Party
Representatives
Services
Supplier
Supplier Personnel
Supply Agreement
Surviving Obligations
UAE
Working Hours
Interpretation
Release and Discharge
Consideration
Representations and Warranties
Acknowledgments
Confidentiality
Non-Disparagement
Further Assurance
Surviving Obligations
Return of Property
Assignment
Severability
Entire Agreement
Amendment
Waiver
Notices
Counterparts
Third Party Rights
Costs
Governing Law
Jurisdiction
Language
Authority
Manufacturing
Retail
Construction
Oil & Gas
Technology
Healthcare
Transportation & Logistics
Food & Beverage
Real Estate
Professional Services
Telecommunications
Financial Services
Hospitality
Industrial
Energy
Legal
Procurement
Supply Chain
Finance
Operations
Risk Management
Compliance
Commercial
Vendor Management
Contract Administration
Procurement Manager
Supply Chain Director
Legal Counsel
Contract Manager
Chief Financial Officer
Commercial Director
Operations Manager
Vendor Management Specialist
Risk Manager
Compliance Officer
General Counsel
Chief Operating Officer
Purchasing Manager
Category Manager
Supplier Relationship Manager
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