Mutual Rescission And Release Agreement Template for Indonesia

1. Non-Disparagement: Mutual agreements not to make negative statements about each other, often included in sensitive commercial or employment terminations

2. Confidentiality: Obligations to keep the terms of the rescission agreement confidential, if required

3. Tax Provisions: Specific provisions about tax implications and responsibilities, particularly relevant for high-value settlements

4. Further Assurance: Commitment to execute additional documents if needed, useful for complex terminations

5. Specific Exclusions: List of specific claims or rights that are not being released, needed when certain matters should be preserved

6. Employee Benefits: Specific provisions about ongoing benefits or obligations if the agreement involves employment relationships

7. Dispute Resolution: Detailed alternative dispute resolution procedures, recommended for international or high-value agreements

1. Schedule 1 - Original Agreement(s): Copy or list of all agreements being terminated

2. Schedule 2 - Settlement Payment Details: Breakdown of any settlement payments, including payment schedule if applicable

3. Schedule 3 - Property Return Schedule: List of items to be returned by each party with timeline

4. Schedule 4 - Surviving Obligations: Detailed list of specific obligations that survive termination

5. Appendix A - Release Specifics: Detailed description of specific claims being released, if any

6. Appendix B - Form of Public Announcement: If required, agreed form of any public statements about the termination