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1. Parties: Identifies and defines all parties to the agreement, including their legal status and contact details
2. Background: Sets out the context of the dispute or claims being settled and the parties' intention to resolve them
3. Definitions and Interpretation: Defines key terms used in the agreement and establishes interpretation principles
4. Settlement Sum: Details the settlement amount and payment terms
5. Release and Waiver: Specifies the scope of claims being released and waived by the releasing party
6. Bar to Future Actions: Establishes that the agreement bars any future legal actions related to the released claims
7. Confidentiality: Sets out obligations regarding confidentiality of the settlement terms and dispute
8. Warranties and Representations: Contains warranties from each party about their capacity and authority to enter the agreement
9. GST and Tax: Addresses tax implications and GST treatment of the settlement sum
10. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and severability
11. Execution: Formal execution provisions and signing blocks
1. Mutual Release: Used when both parties are providing releases to each other rather than a one-way release
2. Non-Disparagement: Include when parties agree not to make negative statements about each other
3. Ongoing Obligations: Required when certain obligations continue past the settlement date
4. Return of Property: Include when physical or intellectual property needs to be returned or transferred
5. Restraint of Trade: Used when the settlement includes restrictions on future business activities
6. Acknowledgment of Independent Legal Advice: Important in cases where there's significant power imbalance or complex terms
7. Deed Poll: Used when benefits extend to third parties who aren't signatories to the agreement
8. Indemnities: Include when one party needs to indemnify the other against specific risks or claims
9. Carve-outs: Required when certain claims or rights are specifically excluded from the release
1. Schedule 1 - Released Claims: Detailed list of specific claims, proceedings, or disputes being released
2. Schedule 2 - Payment Schedule: Details of payment arrangements if payment is to be made in installments or subject to conditions
3. Schedule 3 - Deed of Release by Related Entities: Used when related entities need to provide additional releases
4. Schedule 4 - Announcement Template: Template for any agreed public announcements about the settlement
5. Schedule 5 - Excluded Claims: List of specific claims or rights that are not included in the release
6. Appendix A - Required Forms: Any forms or notices required to be filed to implement the settlement
7. Appendix B - Settlement Calculation: Detailed calculation of settlement amounts where complex calculations are involved
Business Day
Claim
Confidential Information
Dispute
Effective Date
GST
Legal Costs
Loss
Party/Parties
Payment Date
Related Bodies Corporate
Related Entities
Release
Released Claims
Released Matters
Released Parties
Releasor
Releasee
Representative
Settlement Sum
Settlement Date
Taxes
Third Party Claims
Warranties
Proceedings
Completion
Corporations Act
Deed
Disclosed Information
Execution Date
Government Agency
Insolvency Event
Liability
Notice
Personnel
Related Person
Relevant Period
Security Interest
Subsidiary
Definitions
Payment Terms
Release
Waiver
Bar to Proceedings
Confidentiality
Non-Disparagement
GST
Tax Obligations
Warranties
Acknowledgments
Further Assurance
Severability
Entire Agreement
Assignment
Costs
Notices
Governing Law
Jurisdiction
Execution
Authority
Independent Legal Advice
No Admission of Liability
Mutual Release
Return of Property
Indemnification
Amendment
Counterparts
Electronic Execution
Time of Essence
Survival
Third Party Rights
Continuing Obligations
Public Announcements
Dispute Resolution
Legal Services
Financial Services
Insurance
Healthcare
Construction
Manufacturing
Retail
Professional Services
Technology
Mining and Resources
Education
Real Estate
Transport and Logistics
Media and Entertainment
Energy
Legal
Risk and Compliance
Human Resources
Executive Leadership
Finance
Operations
Insurance
Corporate Affairs
Commercial
Dispute Resolution
Employment Relations
Company Secretariat
Business Development
Legal Counsel
General Counsel
Chief Legal Officer
Risk Manager
Compliance Officer
Human Resources Director
Chief Executive Officer
Chief Financial Officer
Claims Manager
Settlement Officer
Dispute Resolution Manager
Corporate Secretary
Business Development Manager
Operations Manager
Contract Administrator
Insurance Manager
Employment Relations Manager
Litigation Manager
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