The Global Resolution Agreement serves as a master settlement document for resolving complex, multi-jurisdictional disputes. It is particularly valuable when parties need to settle multiple claims, proceedings, or potential disputes simultaneously across different jurisdictions. This agreement type, governed by English and Welsh law, provides a structured approach to achieving a complete and final settlement, incorporating detailed provisions for mutual releases, payment mechanisms, and future obligations. The Global Resolution Agreement is especially useful in situations involving corporate groups, class actions, or complex commercial relationships where multiple parties and jurisdictions are involved.
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1. Parties: Identification and details of all parties to the agreement
2. Background: Context of disputes and reasons for resolution
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core resolution provisions and payment terms
5. Release Provisions: Mutual releases and waivers of claims
6. Confidentiality: Obligations regarding confidentiality of settlement terms
7. Governing Law: Jurisdiction and applicable law
1. Non-Disparagement: Provisions preventing parties from making negative statements about each other - typically used in high-profile disputes or sensitive matters
2. Tax Provisions: Provisions addressing tax treatment of settlement payments - used when significant financial settlements are involved
3. Cooperation Obligations: Provisions detailing future cooperation requirements between parties - used when ongoing relationship is necessary
4. Implementation Timeline: Specific deadlines for settlement actions - used in complex settlements with multiple steps
1. Schedule of Claims: Comprehensive list of all claims being settled under the agreement
2. Payment Schedule: Detailed breakdown of payment amounts, timing and payment methods
3. Related Proceedings: List of all legal proceedings being terminated as part of the settlement
4. Form of Release: Standard release documentation to be executed by the parties
5. Subsidiary Agreements: Any ancillary agreements required for implementation of the settlement
Relevant legal definitions
Agreement
Affiliate
Business Day
Claims
Completion Date
Confidential Information
Dispute
Effective Date
Encumbrance
Excluded Claims
Group
Implementation Steps
Liability
Loss
Parent Company
Parties
Payment
Proceedings
Related Entity
Release
Released Claims
Released Parties
Releasing Parties
Settlement Amount
Settlement Date
Settlement Payment
Subsidiary
Tax
Territory
Third Party
Working Hours
Affiliate
Business Day
Claims
Completion Date
Confidential Information
Dispute
Effective Date
Encumbrance
Excluded Claims
Group
Implementation Steps
Liability
Loss
Parent Company
Parties
Payment
Proceedings
Related Entity
Release
Released Claims
Released Parties
Releasing Parties
Settlement Amount
Settlement Date
Settlement Payment
Subsidiary
Tax
Territory
Third Party
Working Hours
Clauses
Interpretation
Definitions
Settlement Terms
Payment Obligations
Release and Waiver
Confidentiality
Non-Disparagement
Implementation
Conditions Precedent
Representations and Warranties
Tax Treatment
Further Assurance
Entire Agreement
Assignment
Third Party Rights
Severability
Variation
Waiver
Notices
Costs
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Counterparts
Mutual Cooperation
Non-Admission of Liability
Termination of Proceedings
Authority to Execute
Publicity
Definitions
Settlement Terms
Payment Obligations
Release and Waiver
Confidentiality
Non-Disparagement
Implementation
Conditions Precedent
Representations and Warranties
Tax Treatment
Further Assurance
Entire Agreement
Assignment
Third Party Rights
Severability
Variation
Waiver
Notices
Costs
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Counterparts
Mutual Cooperation
Non-Admission of Liability
Termination of Proceedings
Authority to Execute
Publicity
Relevant Industries
Relevant Teams
Relevant Roles
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