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Amicable Agreement
"I need an Amicable Agreement under Indonesian law to resolve a supply chain dispute between PT Global Manufacturing and PT Supply Solutions, including payment terms for outstanding invoices of IDR 500 million and future supply arrangements to be implemented by March 2025."
1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context of the dispute or situation leading to this agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Terms: Clear statement of the settlement reached between the parties
5. Mutual Release: Provisions regarding mutual release of claims related to the settled dispute
6. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
7. Payment Terms: Details of any financial settlements, including payment amounts, methods, and timing
8. Representations and Warranties: Statements of fact and assurances made by each party
9. Governing Law: Specification that Indonesian law governs the agreement
10. Execution: Signature blocks and execution requirements
1. Non-Admission of Liability: Statement that the settlement does not constitute admission of liability by any party - used when specifically requested by one or more parties
2. Non-Disparagement: Provisions preventing parties from making negative statements about each other - useful in high-profile or sensitive disputes
3. Future Cooperation: Terms regarding ongoing business relationships or future interactions - relevant when parties will continue to have business dealings
4. Tax Implications: Clarification of tax responsibilities - needed when settlement involves significant financial components
5. Insurance Matters: Provisions related to insurance claims or coverage - relevant when insurance is involved in the dispute
6. Third Party Rights: Provisions regarding the rights of third parties - needed when settlement affects third party interests
1. Schedule A - Payment Schedule: Detailed breakdown of payment terms, installments, and deadlines
2. Schedule B - Release Documentation: Forms and documents related to the mutual release of claims
3. Schedule C - Assets or Property List: Inventory of any assets or property involved in the settlement
4. Appendix 1 - Original Dispute Documentation: Reference documents relating to the original dispute
5. Appendix 2 - Compliance Requirements: Detailed procedures for implementing settlement terms
6. Appendix 3 - Contact Details: List of key contacts and their details for implementation of the agreement
Authors
Effective Date
Parties
Dispute
Settlement Amount
Settlement Date
Confidential Information
Business Day
Governing Law
Original Contract
Claims
Release
Settlement Terms
Payment Schedule
Defaulting Party
Force Majeure Event
Affiliate
Representatives
Dispute Documentation
Material Breach
Notice
Related Parties
Settlement Completion Date
Surviving Provisions
Warranties
Working Day
Rupiah
Obligations
Intellectual Property Rights
Permitted Disclosures
Recitals
Definitions
Settlement Terms
Payment Obligations
Mutual Release
Confidentiality
Non-Disparagement
Representations and Warranties
Compliance with Law
Force Majeure
Governing Law
Dispute Resolution
Notices
Amendment
Assignment
Severability
Entire Agreement
Further Assurance
Costs and Expenses
Non-Admission of Liability
Third Party Rights
Waiver
Counterparts
Language
Good Faith
Term and Termination
Indemnification
Execution
Manufacturing
Real Estate
Construction
Financial Services
Technology
Retail
Energy
Mining
Agriculture
Transportation
Healthcare
Education
Professional Services
Telecommunications
Hospitality
Legal
Compliance
Corporate Secretariat
Risk Management
Finance
Operations
Human Resources
Business Development
Corporate Affairs
Executive Leadership
Commercial Operations
Legal Counsel
Corporate Secretary
Chief Legal Officer
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Risk Manager
Compliance Officer
Operations Director
Commercial Director
Human Resources Director
Contract Manager
General Manager
Managing Director
Board Member
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