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1. Parties: Identifies and defines the releasing party and the released party/parties
2. Background: Sets out the context and circumstances leading to the release
3. Definitions: Defines key terms used in the agreement, including 'Claims', 'Released Matters', and any specific incidents or circumstances
4. Release: The operative provision containing the release language and scope of claims being released
5. Acknowledgments: Statements by the releasing party acknowledging understanding of the release and its implications
6. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party
7. Further Assurance: Obligation to execute further documents or take additional steps if necessary to give effect to the release
8. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and Hong Kong courts' jurisdiction
9. Entire Agreement: Confirms the release agreement represents the entire understanding between parties regarding the released matters
1. Confidentiality: Include when parties wish to keep the existence or terms of the release confidential
2. Tax Implications: Include when the release involves payment or has tax consequences that need to be addressed
3. Non-Disparagement: Include when parties wish to prevent negative statements about each other
4. Return of Property: Include when there is physical or intellectual property to be returned as part of the release
5. Regulatory Compliance: Include when the release must comply with specific regulatory requirements
6. Third Party Rights: Include when the release is intended to benefit specific third parties under the Contracts (Rights of Third Parties) Ordinance
7. Severability: Include when parties want to ensure partial invalidity doesn't affect the entire agreement
1. Schedule of Released Claims: Detailed list of specific claims, rights, or causes of action being released
2. Schedule of Related Agreements: List of any agreements or documents that are relevant to or affected by the release
3. Schedule of Released Parties: Comprehensive list of all parties benefiting from the release, including any affiliated entities or individuals
4. Payment Schedule: Include if the release is given in consideration of payments to be made
Claims
Effective Date
Released Claims
Released Matters
Released Parties
Releasing Party
Affiliate
Business Day
Confidential Information
Dispute
Encumbrance
Group
Hong Kong
Liability
Loss
Party/Parties
Related Person
Representatives
Subsidiary
Third Party Rights
Working Hours
Related Agreements
Release Period
Consideration
Release
Acknowledgments
No Admission of Liability
Consideration
Confidentiality
Non-Disparagement
Further Assurance
Representations and Warranties
Third Party Rights
Assignment
Severability
Entire Agreement
Amendments
Notices
Costs
Governing Law
Jurisdiction
Execution
Waiver
Force Majeure
Indemnification
Regulatory Compliance
Dispute Resolution
Financial Services
Insurance
Real Estate
Construction
Manufacturing
Professional Services
Healthcare
Technology
Retail
Employment
Entertainment
Education
Transportation
Energy
Legal
Risk Management
Compliance
Human Resources
Executive Leadership
Finance
Operations
Business Development
Claims Processing
Corporate Secretarial
Project Management
Legal Counsel
Risk Manager
Compliance Officer
Human Resources Director
Chief Executive Officer
Chief Financial Officer
Operations Manager
Contract Manager
Business Development Manager
Claims Manager
Settlement Officer
Corporate Secretary
General Manager
Project Manager
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