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1. Parties: Identification of all parties to the amended settlement agreement, including their full legal names, addresses, and registration details if applicable
2. Background (Präambel): Context of the original settlement agreement, including its date and purpose, and the reasons for the current amendment
3. Definitions: Key terms used in the agreement, including both original definitions that remain relevant and any new definitions specific to the amendment
4. Amendment Scope: Clear specification of which provisions of the original settlement agreement are being modified
5. Amended Terms: Detailed description of the new or modified terms, clearly stating both the original and new versions
6. Confirmation of Other Terms: Explicit confirmation that all other terms of the original settlement agreement remain in full force and effect
7. Representations and Warranties: Statements by the parties confirming their authority to enter into the amendment and their continued commitment to the settlement
8. Effective Date and Execution: Specification of when the amendments take effect and execution requirements
9. Governing Law and Jurisdiction: Confirmation of German law as governing law and specification of jurisdiction for disputes
1. Additional Consideration: Include if there is any new or additional consideration being provided as part of the amendment
2. Confidentiality: Include if new confidentiality terms are needed or existing ones need modification
3. Tax Implications: Include if the amendments have specific tax consequences that need to be addressed
4. Dispute Resolution: Include if the original dispute resolution mechanism is being modified or if new provisions are needed
5. Third Party Rights: Include if the amendments affect or create rights for third parties
6. Costs and Expenses: Include if there are specific provisions about who bears the costs of the amendment process
1. Original Settlement Agreement: Copy of the original settlement agreement being amended
2. Comparison Version: Redline or comparison showing the changes between original and amended versions
3. Corporate Authorizations: Any required corporate resolutions or authorizations for the amendment
4. Payment Schedule: If payment terms are being modified, a detailed schedule of new payment terms
5. Amended Exhibits: Any exhibits from the original agreement that are being modified
6. Translation Certificate: If required, certified translations of the amendment into other relevant languages
Amendment
Amendment Date
Original Settlement Agreement
Original Settlement Date
Effective Date
Parties
Original Parties
Modified Terms
Preserved Terms
Settlement Amount
Additional Consideration
Business Day
Confidential Information
Dispute
Original Dispute
Implementation Period
Modified Obligations
Payment Schedule
Performance Obligations
Related Agreements
Representatives
Signing Date
Termination Date
Working Day
Amended Provisions
Governing Law
Jurisdiction
Material Adverse Change
Force Majeure Event
Recitals
Definitions
Amendment Scope
Modification Terms
Consideration
Payment Terms
Performance Obligations
Preservation of Original Terms
Representations and Warranties
Confidentiality
Data Protection
Force Majeure
Governing Law
Jurisdiction
Dispute Resolution
Notices
Assignment
Severability
Entire Agreement
Further Assurance
Costs and Expenses
Third Party Rights
Counterparts
Language
Amendment and Waiver
Release
Indemnification
Time Limits
Execution
Manufacturing
Financial Services
Technology
Real Estate
Construction
Healthcare
Energy
Automotive
Professional Services
Retail
Telecommunications
Insurance
Transportation & Logistics
Legal
Compliance
Finance
Executive Management
Risk Management
Operations
Corporate Governance
Business Development
Treasury
Dispute Resolution
Legal Counsel
General Counsel
Managing Director
Chief Executive Officer
Chief Financial Officer
Compliance Officer
Risk Manager
Contract Manager
Business Development Manager
Head of Legal
Settlement Officer
Dispute Resolution Manager
Corporate Secretary
Finance Director
Operations Manager
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