Financial Settlement Agreement Template for Belgium

1. Installment Plan: Detailed payment schedule when settlement amount is to be paid in installments

2. Security Provisions: Required when payment security such as guarantees or collateral is provided

3. Third Party Rights: Needed when settlement affects rights of parties not directly involved in the agreement

4. Insurance Provisions: Required when insurance companies are involved or insurance claims are being settled

5. Non-Admission of Liability: Optional clause stating settlement does not constitute admission of liability

6. Regulatory Compliance: Required for settlements involving regulated entities or requiring regulatory approval

7. Force Majeure: Optional provisions for unforeseen circumstances affecting settlement performance

8. Default and Remedies: Required for complex settlements with specific consequences for breach

1. Payment Schedule: Detailed breakdown of payment amounts and dates

2. Bank Account Details: Complete banking information for settlement payments

3. Original Dispute Documents: List or copies of relevant documents relating to the original dispute

4. Calculation Method: Detailed explanation of how settlement amount was calculated

5. Related Agreements: List of any related agreements affected by or referenced in the settlement

6. Tax Calculations: Breakdown of tax implications and calculations

7. Corporate Authorizations: Copies of corporate approvals or board resolutions authorizing settlement

8. Security Documents: Details of any security or guarantees provided as part of settlement