The Settlement Agreement with Agreed Judgment is utilized when parties wish to resolve their dispute through settlement while maintaining the enforceability advantages of a court judgment. This document type, governed by the laws of England and Wales, is particularly valuable where there are concerns about future enforcement or where a court order is required for specific purposes. The agreement typically includes comprehensive settlement terms, mutual releases, and a draft judgment that both parties agree should be entered by the court. This approach offers greater security than a standard settlement agreement while avoiding the cost and uncertainty of full litigation.
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1. Parties: Identification and details of all parties to the agreement
2. Background: Context of the dispute and circumstances leading to settlement
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core settlement provisions including payment terms and obligations
5. Agreed Judgment Terms: Specific terms to be included in the court judgment
6. Release Provisions: Mutual releases and waivers of claims
7. Confidentiality: Terms regarding confidentiality of settlement
8. Governing Law and Jurisdiction: Specification of applicable law and courts
1. Tax Provisions: Additional terms addressing tax implications of the settlement when monetary compensation is involved
2. Non-disparagement: Provisions preventing parties from making negative statements about each other, typically used in high-profile cases
3. Future Cooperation: Terms governing ongoing relationship between parties when business relationship needs to continue
4. Insurance Provisions: Details of insurance arrangements when insurance companies are involved in settlement
1. Schedule 1 - Form of Agreed Judgment: Draft of the judgment to be entered by court
2. Schedule 2 - Payment Schedule: Details of payment arrangements if applicable
3. Schedule 3 - Released Claims: Detailed list of claims being settled
4. Appendix A - Related Documents: Copies of relevant agreements or court documents
Relevant legal definitions
Agreement
Agreed Judgment
Claim
Completion Date
Confidential Information
Court
Dispute
Effective Date
Encumbrance
Legal Costs
Liability
Loss
Original Proceedings
Parties
Payment
Proceedings
Released Claims
Released Matters
Settlement Sum
Settlement Terms
Settled Claims
Third Party Rights
Working Day
Related Documents
Representatives
Subsidiary
Tax
Termination Date
Undertakings
Without Prejudice Communications
Agreed Judgment
Claim
Completion Date
Confidential Information
Court
Dispute
Effective Date
Encumbrance
Legal Costs
Liability
Loss
Original Proceedings
Parties
Payment
Proceedings
Released Claims
Released Matters
Settlement Sum
Settlement Terms
Settled Claims
Third Party Rights
Working Day
Related Documents
Representatives
Subsidiary
Tax
Termination Date
Undertakings
Without Prejudice Communications
Clauses
Interpretation
Settlement Terms
Payment Obligations
Payment Mechanics
Conditions Precedent
Release and Waiver
Mutual Release
Confidentiality
Non-Disclosure
Non-Disparagement
Tax Treatment
Court Proceedings
Costs
Legal Fees
Enforcement
Further Assurance
Assignment
Third Party Rights
Entire Agreement
Variation
Severability
Notices
Counterparts
Authority
Representations and Warranties
Default
Termination
Consequences of Breach
Governing Law
Jurisdiction
Settlement Terms
Payment Obligations
Payment Mechanics
Conditions Precedent
Release and Waiver
Mutual Release
Confidentiality
Non-Disclosure
Non-Disparagement
Tax Treatment
Court Proceedings
Costs
Legal Fees
Enforcement
Further Assurance
Assignment
Third Party Rights
Entire Agreement
Variation
Severability
Notices
Counterparts
Authority
Representations and Warranties
Default
Termination
Consequences of Breach
Governing Law
Jurisdiction
Relevant Industries
Relevant Teams
Relevant Roles
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