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Waiver Agreement
"I need a Waiver Agreement under Austrian law for our tech company's departing senior developer who will receive a severance package of €50,000 in March 2025, waiving all claims related to their employment and intellectual property rights while maintaining confidentiality obligations."
1. Parties: Identification and details of all parties involved in the waiver agreement
2. Background: Context and circumstances leading to the waiver agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Waiver: Detailed description of the rights, claims, or interests being waived
5. Consideration: Description of any payment or consideration given in exchange for the waiver
6. Representations and Warranties: Statements by the waiving party confirming understanding and voluntary nature of the waiver
7. Duration and Effectiveness: When the waiver takes effect and its duration
8. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction
9. Execution: Signature requirements and execution formalities
1. Confidentiality: Required when the waiver involves sensitive information or trade secrets
2. Return of Property: Needed when the waiver involves physical or intellectual property that needs to be returned
3. Non-Disparagement: Optional clause preventing parties from making negative statements about each other
4. Severability: Clause ensuring remainder of agreement remains valid if any part is found unenforceable
5. Future Cooperation: Required when ongoing obligations or cooperation between parties is necessary
6. Insurance and Indemnification: Needed when dealing with accident or liability waivers
7. Data Protection: Required when personal data processing is involved in the context of the waiver
1. Schedule of Waived Claims: Detailed list of specific claims or rights being waived
2. Schedule of Retained Rights: List of rights specifically excluded from the waiver
3. Payment Schedule: Details of any consideration payments, if applicable
4. Property Inventory: List of any property to be returned or transferred as part of the waiver
5. Related Agreements: List of any other agreements affected by or related to the waiver
Authors
Effective Date
Waiving Party
Released Party
Claims
Waived Rights
Released Claims
Consideration
Parties
Related Persons
Confidential Information
Dispute
Loss
Material Adverse Effect
Force Majeure
Business Day
Governing Law
Jurisdiction
Breach
Termination Date
Affiliates
Representatives
Execution Date
Property
Liability
Intellectual Property Rights
Excluded Claims
Retained Rights
Consideration
Representations and Warranties
Acknowledgment
Scope of Release
Liability
Indemnification
Confidentiality
Non-Disparagement
Governing Law
Jurisdiction
Severability
Amendment
Entire Agreement
Assignment
Force Majeure
Notice
Data Protection
Compliance with Laws
Execution
Term and Termination
Dispute Resolution
Waiver of Rights
Further Assurance
No Admission of Liability
Legal Services
Human Resources
Insurance
Real Estate
Construction
Sports and Recreation
Healthcare
Manufacturing
Technology
Professional Services
Entertainment
Education
Transportation
Retail
Legal
Human Resources
Compliance
Risk Management
Operations
Corporate Governance
Administration
Project Management
Insurance
Facilities Management
Legal Counsel
HR Manager
Risk Manager
Compliance Officer
Contract Administrator
Corporate Secretary
Operations Manager
Project Manager
General Manager
Chief Legal Officer
HR Director
Business Development Manager
Insurance Claims Manager
Facility Manager
Event Coordinator
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