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Global Settlement Agreement
I need a Global Settlement Agreement between our tech company and three former shareholders regarding IP ownership disputes, with payments to be structured over 18 months and including strict confidentiality provisions.
1. Parties: Identification of all parties to the settlement, including full legal names and addresses
2. Background: Description of the dispute or claims being settled, including relevant history and current status
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Terms: Core settlement provisions including payment amounts, timing, and other obligations
5. Release Provisions: Mutual releases of claims and specification of released matters
6. Payment Terms: Detailed payment obligations, including method, currency, and timing
7. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
8. Tax Implications: Allocation of tax responsibilities and related representations
9. Representations and Warranties: Basic representations about authority, binding effect, and no assignment of claims
10. Governing Law and Jurisdiction: Choice of Danish law and jurisdiction provisions
11. General Provisions: Standard boilerplate including entire agreement, amendments, and severability
12. Execution: Signature blocks and execution requirements
1. Regulatory Compliance: Required when settlement involves regulated entities or requires regulatory approvals
2. Ongoing Obligations: Used when parties have continuing obligations post-settlement
3. Non-Disparagement: Include when reputation protection is important to the parties
4. Future Cooperation: Needed when parties must cooperate on implementation or related matters
5. Insurance Provisions: Include when insurance companies are involved or settlement affects insurance rights
6. Press Releases: Include when public announcements need to be coordinated
7. Non-Admission of Liability: Important when party wants to explicitly deny liability while settling
8. Return of Documents: Include when confidential documents need to be returned or destroyed
1. Schedule of Claims: Detailed list of all claims being settled
2. Payment Schedule: Detailed breakdown of payment amounts, dates, and recipients if complex payment structure
3. Release Exclusions: Specific list of claims or matters not covered by the release
4. Related Entities: List of affiliated entities covered by the settlement
5. Required Notices: Form and content of required notices under the agreement
6. Form of Release: Standard form of release if separate releases needed from multiple parties
7. Pre-Existing Agreements: List of agreements that survive or are terminated by the settlement
8. Implementation Steps: Detailed procedure for implementing settlement terms
Authors
Affiliate
Business Day
Claims
Completion Date
Confidential Information
Dispute
Effective Date
Encumbrance
Execution Date
Final Order
Governing Law
Implementation Steps
Indemnified Parties
Liability
Loss
Material Adverse Effect
Parties
Payment Date
Released Claims
Released Matters
Released Parties
Releasing Parties
Representatives
Settlement Amount
Settlement Payment
Settlement Period
Settling Parties
Subsidiary
Tax
Third Party
Transaction Documents
Working Day
Group Companies
Intellectual Property Rights
Related Entities
Regulatory Authority
Relevant Jurisdiction
Unknown Claims
Force Majeure Event
Permitted Disclosure
Termination Event
Dispute Resolution Procedure
Authorized Representative
Applicable Law
Compromise
Consideration
Damages
Financial Year
Interest Rate
Material Breach
Notice
Outstanding Claims
Parent Company
Public Announcement
Settlement Terms
Surviving Provisions
Recitals
Definitions
Settlement Terms
Payment Obligations
Release of Claims
Confidentiality
Non-Admission of Liability
Representations and Warranties
Tax Matters
Regulatory Compliance
Further Assurance
Non-Disparagement
Entire Agreement
Amendment and Waiver
Severability
Assignment
Notices
Force Majeure
Governing Law
Jurisdiction
Dispute Resolution
Third Party Rights
Costs
Indemnification
Authority
Announcements
Counterparts
Language
Return of Documents
Implementation
Survival
Data Protection
Good Faith
Time of Essence
No Set-Off
Termination
Insurance
Interpretation
Financial Services
Manufacturing
Technology
Healthcare
Energy
Construction
Real Estate
Telecommunications
Retail
Professional Services
Transportation
Mining
Agriculture
Insurance
International Trade
Pharmaceuticals
Legal
Compliance
Risk Management
Corporate Governance
Executive Leadership
Finance
Treasury
International Operations
Corporate Affairs
Regulatory Affairs
Dispute Resolution
Company Secretariat
General Counsel
Legal Director
Chief Legal Officer
Corporate Secretary
Compliance Officer
Risk Manager
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Settlement Administrator
Dispute Resolution Manager
Corporate Attorney
International Legal Counsel
Head of Legal
Litigation Manager
Chief Risk Officer
Head of Compliance
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