Release And Waiver Of Claims Template for Belgium

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Key Requirements PROMPT example:

Release And Waiver Of Claims

"I need a Release and Waiver of Claims agreement for an employee leaving our tech company in Brussels, who will receive a severance package of €75,000 in March 2025, with specific provisions for protecting company intellectual property and including a non-disparagement clause."

Document background
The Release and Waiver of Claims agreement is a crucial legal instrument used in Belgian business and civil matters to formally resolve disputes and manage legal risks. This document is commonly employed following settlements, in employment terminations, after accidents or injuries, or in business transactions where parties seek to achieve finality on potential claims. Under Belgian law, which emphasizes clear contractual terms and informed consent, the agreement must explicitly state the rights being waived and any consideration being provided. The document must comply with both Belgian national law and applicable EU regulations, particularly regarding consumer protection and personal data. Special attention must be paid to specific Belgian legal requirements about which rights can and cannot be waived, making local legal expertise essential in drafting and implementing these agreements.
Suggested Sections

1. Parties: Identification and details of the releasing party (releasor) and the party being released (releasee)

2. Background: Context of the relationship between parties and circumstances leading to the release

3. Definitions: Key terms used in the agreement, including 'Claims', 'Released Parties', and specific terms relevant to the subject matter

4. Consideration: Description of the consideration being provided in exchange for the release

5. Release and Waiver: Specific details of claims being released and rights being waived

6. Acknowledgments: Releasor's confirmation of understanding the agreement and having sufficient time to review

7. No Admission of Liability: Statement that the agreement does not constitute admission of liability

8. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes

9. Entire Agreement: Integration clause stating this document represents the complete agreement between parties

10. Execution: Signature requirements and effective date

Optional Sections

1. Confidentiality: Include when the parties wish to keep the existence or terms of the release confidential

2. Future Claims: Include when specifically addressing the release of unknown future claims

3. Return of Property: Include when there is company property or confidential information to be returned

4. Non-Disparagement: Include when parties agree not to make negative statements about each other

5. Specific Exclusions: Include when certain claims are specifically excluded from the release

6. Tax Implications: Include when there are significant tax consequences to address

7. Severability: Include when parties want to ensure remainder of agreement survives if any provision is invalid

8. Language Declaration: Include when the agreement is executed in multiple languages to specify controlling version

Suggested Schedules

1. Schedule A - Released Claims: Detailed list of specific claims being released

2. Schedule B - Excluded Claims: List of claims specifically excluded from the release

3. Schedule C - Payment Terms: Details of any settlement payment or consideration structure

4. Appendix 1 - Related Parties: List of additional parties covered by the release

5. Appendix 2 - Property List: Inventory of any property to be returned or transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Legal Services

Healthcare

Manufacturing

Financial Services

Insurance

Education

Construction

Professional Services

Technology

Real Estate

Retail

Transportation

Entertainment

Sports and Recreation

Non-Profit Organizations

Relevant Teams

Legal

Human Resources

Risk Management

Compliance

Corporate Governance

Operations

Administrative Services

Employee Relations

Contract Management

Executive Leadership

Relevant Roles

Legal Counsel

HR Director

Risk Manager

Compliance Officer

Corporate Secretary

Settlement Administrator

Claims Manager

Human Resources Manager

General Manager

Operations Director

Chief Legal Officer

Employment Relations Manager

Contract Administrator

Legal Operations Manager

Chief Risk Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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