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1. Parties: Identification of all parties to the agreement, including legal names and addresses
2. Background: Recitals explaining the context of the dispute and the parties' desire to settle
3. Definitions: Key terms used throughout the agreement, including 'Released Claims', 'Effective Date', and other relevant definitions
4. Settlement Payment: Details of the settlement amount, payment method, and timing
5. Release of Claims: Comprehensive description of claims being released, including known and unknown claims
6. No Admission of Liability: Statement that the settlement does not constitute an admission of liability by any party
7. Confidentiality: Terms regarding the confidentiality of the settlement and its terms
8. Tax Treatment: Clarification of tax responsibilities and treatment of settlement payments
9. Representations and Warranties: Basic representations about authority to enter agreement and understanding of terms
10. Enforcement: Provisions regarding enforcement of the agreement and consequences of breach
11. General Provisions: Standard contract clauses including governing law, entire agreement, and amendments
1. Non-Disparagement: Mutual obligations not to make negative statements about other parties - common in employment-related settlements
2. Return of Property: Requirements for returning company property or confidential information - used in employment or commercial disputes
3. Cooperation: Obligations to cooperate in ongoing matters - relevant when there are continuing obligations
4. Reference Letters: Terms regarding employment references - specific to employment-related settlements
5. Restrictive Covenants: Non-compete or non-solicitation provisions - used in employment or business settlements
6. Insurance Coverage: Provisions regarding insurance coverage and claims - relevant when insurance is involved
7. Future Claims: Special provisions for potential future claims - used in personal injury or medical cases
8. Third Party Rights: Provisions affecting rights of third parties - needed when settlement impacts non-parties
9. Regulatory Approval: Conditions regarding regulatory approvals - required for regulated industries
1. Schedule A - Payment Terms: Detailed breakdown of payment amounts, timing, and methods
2. Schedule B - Released Claims: Specific list of disputes, lawsuits, or claims being released
3. Schedule C - Form of Release: Standard form of release if multiple parties are executing separate releases
4. Schedule D - Resignation Letter: Form of resignation letter if employment-related
5. Schedule E - Press Release: Agreed form of public announcement if applicable
6. Appendix 1 - Related Entities: List of affiliated entities covered by the release
7. Appendix 2 - Existing Agreements: List of agreements affected by or surviving the settlement
Affiliate
Business Day
Claims
Confidential Information
Dispute
Effective Date
Excluded Claims
Governing Law
Known Claims
Losses
Notice
Parties
Payment
Released Claims
Released Parties
Releasing Parties
Settlement Amount
Settlement Payment
Subject Matter
Term
Territory
Unknown Claims
Related Entities
Representatives
Consideration
Execution Date
Material Adverse Change
Surviving Provisions
Termination Date
Working Day
Proceedings
Claim Period
Disclosed Information
Encumbrance
Force Majeure Event
Indemnified Parties
Intellectual Property Rights
Liability
Professional Advisers
Definitions
Release
Settlement Payment
Confidentiality
Non-Disparagement
Representations and Warranties
Tax Treatment
Indemnification
No Admission of Liability
Entire Agreement
Severability
Amendment and Waiver
Governing Law
Jurisdiction
Notice
Further Assurances
Assignment
Costs
Force Majeure
Counterparts
Electronic Execution
Third Party Rights
Time of Essence
Authority
Binding Effect
Compliance with Laws
Dispute Resolution
Cooperation
Property Return
Survival
Headings
Independent Legal Advice
Legal Services
Financial Services
Healthcare
Manufacturing
Technology
Real Estate
Construction
Professional Services
Retail
Education
Transportation
Energy
Mining
Telecommunications
Insurance
Legal
Human Resources
Finance
Compliance
Risk Management
Executive Leadership
Corporate Affairs
Treasury
Dispute Resolution
Business Operations
Legal Counsel
Chief Legal Officer
Risk Manager
Compliance Officer
Human Resources Director
Chief Financial Officer
Settlement Administrator
Claims Manager
Corporate Secretary
Executive Director
Chief Executive Officer
Litigation Manager
General Counsel
Employment Lawyer
Business Development Manager
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