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Binding Separation Agreement
"I need a Binding Separation Agreement under Indonesian law for a couple who jointly own a technology business, with provisions for continued business cooperation until March 2025 and specific clauses addressing intellectual property rights and profit sharing."
1. Parties: Identification and details of both parties to the agreement
2. Background: Brief history of the marriage, reasons for separation, and intent of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Date of Separation: Official date of separation and its legal implications
5. Legal Status: Acknowledgment that this is a binding agreement and its relationship to future divorce proceedings
6. Division of Property: Comprehensive arrangement for division of matrimonial assets and liabilities
7. Financial Arrangements: Details of financial settlements, including any ongoing payments or maintenance
8. Tax Considerations: Agreement on handling tax matters and obligations
9. Confidentiality: Terms regarding privacy and confidentiality of the agreement and separation
10. Dispute Resolution: Process for resolving any future disputes regarding the agreement
11. Governing Law: Confirmation of Indonesian law as governing law and relevant jurisdictional matters
12. Execution: Signing requirements and execution formalities
1. Child Custody and Support: Required if the couple has children - details custody arrangements, visitation rights, and child support obligations
2. Religious Considerations: Required for Muslim couples - includes specific provisions under Islamic law
3. Business Interests: Required if parties have shared business interests - details division or management of business assets
4. Intellectual Property Rights: Required if parties have shared IP rights - details ownership and usage rights post-separation
5. Pension and Insurance: Required if parties have shared pension or insurance policies - details division or continuation of benefits
6. International Assets: Required if parties have overseas assets - details handling of international property and compliance with foreign laws
7. Future Divorce Proceedings: Optional section detailing agreement on future divorce process and terms
8. Social Media and Privacy: Optional section regarding social media behavior and public announcements about the separation
1. Schedule A - Asset Inventory: Detailed list of all matrimonial assets including properties, vehicles, and valuable items
2. Schedule B - Liability Inventory: Comprehensive list of all shared debts and financial obligations
3. Schedule C - Financial Disclosure: Complete financial disclosure from both parties including income, investments, and financial interests
4. Schedule D - Child Care Schedule: Detailed parenting schedule and special arrangements for children (if applicable)
5. Schedule E - Support Calculations: Calculations and basis for any maintenance or support payments
6. Appendix 1 - Marriage Certificate: Copy of the marriage certificate and other relevant marriage documentation
7. Appendix 2 - Property Documents: Copies of property titles, vehicle registrations, and other asset documentation
8. Appendix 3 - Business Valuations: Professional valuations of any business interests (if applicable)
Authors
Parties
Marriage
Date of Marriage
Date of Separation
Matrimonial Home
Joint Property (Harta Bersama)
Separate Property (Harta Bawaan)
Matrimonial Assets
Children of the Marriage
Child Support
Maintenance
Financial Disclosure
Business Day
Confidential Information
Effective Date
Force Majeure
Governing Law
Indonesian Civil Code
Islamic Law
Legal Representatives
Liabilities
Marriage Certificate (Buku Nikah)
Mediation
Religious Court (Pengadilan Agama)
Civil Court (Pengadilan Negeri)
Property Settlement
Separation Period
Shared Debts
Support Obligations
Third Party
Working Day
Religious Affairs Office (KUA)
Notification Date
Dispute
Default Event
Material Change
Professional Fees
Jurisdiction
Personal Effects
Definitions
Recitals
Separation Terms
Property Division
Financial Arrangements
Child Custody
Maintenance Obligations
Confidentiality
Non-Disclosure
Asset Distribution
Debt Allocation
Tax Matters
Religious Obligations
Dispute Resolution
Governing Law
Jurisdiction
Force Majeure
Severability
Amendment
Entire Agreement
Notice Requirements
Representations and Warranties
Compliance with Law
Third Party Rights
Execution
Further Assurance
Costs and Expenses
Waiver
Assignment
Termination
Insurance
Indemnification
Default Provisions
Social Media and Privacy
Business Interests
Intellectual Property Rights
Pension Rights
Release of Claims
Future Divorce Proceedings
Legal Services
Financial Services
Real Estate
Professional Services
Religious Services
Public Sector
Family Services
Business Services
Insurance
Asset Management
Legal
Compliance
Human Resources
Administrative Support
Document Management
Risk Management
Corporate Affairs
Client Services
Financial Advisory
Dispute Resolution
Legal Counsel
Family Law Attorney
Notary Public
Mediator
Financial Advisor
Asset Manager
Religious Affairs Officer
Court Clerk
Property Valuer
Marriage Counselor
Divorce Attorney
Corporate Lawyer
Legal Administrator
Compliance Officer
Human Resources Manager
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