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1. Parties: Identifies and defines all parties to the agreement, including the releasing party and the released party
2. Background: Provides context for the agreement, including any relevant history of the dispute or claims
3. Definitions: Defines key terms used throughout the agreement, including 'Claims', 'Released Matters', and other relevant terms
4. Consideration: States the consideration being provided in exchange for the release
5. Release: Contains the core release language, specifying what claims are being released and the scope of the release
6. Representations and Warranties: Standard representations about understanding of the agreement, authority to enter into it, and advice received
7. Confidentiality: Obligations regarding confidentiality of the agreement and its terms
8. Non-Admission of Liability: Statement that the agreement does not constitute an admission of liability
9. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and Hong Kong courts' jurisdiction
10. General Provisions: Standard boilerplate provisions including entire agreement, amendments, severability, etc.
1. Non-Disparagement: Used when parties wish to include mutual obligations not to make negative statements about each other
2. Return of Property: Include when there is company property or confidential information to be returned
3. Future Cooperation: Used when ongoing cooperation may be needed for certain matters
4. Tax Indemnity: Include when the settlement payment has tax implications that need to be addressed
5. Surviving Claims: Used when certain claims or rights need to be explicitly preserved
6. Reference Provision: Include in employment-related releases when dealing with future reference requests
7. Reinstatement Waiver: Used in employment contexts to waive rights to reinstatement or re-employment
1. Schedule of Released Claims: Detailed list of specific claims being released
2. Schedule of Excluded Claims: List of claims specifically excluded from the release
3. Schedule of Settlement Payment Terms: Details of any settlement payments, including amount, timing, and method
4. Schedule of Related Entities: List of affiliated entities covered by the release
5. Form of Announcement: If applicable, agreed form of any public or internal announcement regarding the settlement
Claims
Confidential Information
Consideration
Dispute
Effective Date
Group Companies
Known Claims
Losses
Parties
Released Claims
Released Matters
Released Parties
Releasing Parties
Settlement Amount
Settlement Payment
Subsidiaries
Unknown Claims
Business Day
Related Persons
Claim Period
Associates
Affiliates
Representatives
Governing Law
Jurisdiction
Material Adverse Effect
Proceedings
Transaction Documents
Working Hours
Recitals
Definitions
Interpretation
Release
Consideration
Payment Terms
Representations and Warranties
Confidentiality
Non-Admission of Liability
Non-Disparagement
Return of Property
Indemnification
Tax Matters
Assignment
Third Party Rights
Severability
Entire Agreement
Amendment
Waiver
Notices
Costs
Force Majeure
Further Assurance
Governing Law
Jurisdiction
Execution
Counterparts
Financial Services
Manufacturing
Professional Services
Technology
Real Estate
Construction
Retail
Healthcare
Education
Insurance
Transportation and Logistics
Media and Entertainment
Legal
Human Resources
Risk Management
Compliance
Finance
Executive Management
Operations
Corporate Affairs
Company Secretariat
Insurance
Employee Relations
Legal Counsel
Human Resources Director
Risk Manager
Compliance Officer
Chief Financial Officer
Chief Executive Officer
Operations Director
General Manager
Company Secretary
Settlement Officer
Claims Manager
Employee Relations Manager
Corporate Affairs Director
Chief Legal Officer
Business Unit Head
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