All Countries
Employment
Third Party Settlement Agreement

Third Party Settlement Agreement Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Third Party Settlement Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Third Party Settlement Agreement

"I need a Third Party Settlement Agreement to resolve a commercial dispute between my manufacturing company and a supplier over defective equipment, with settlement payments to be made in installments starting March 2025, and including specific quality assurance provisions for future deliveries."

Celebrated by
Collaborations with
Investors
Document background
The Third Party Settlement Agreement is a crucial legal instrument used in Indonesian business and legal practice when parties seek to resolve disputes through structured settlement with third-party facilitation. This document becomes relevant when direct negotiations between parties have reached an impasse, requiring neutral third-party intervention to achieve resolution. The agreement must comply with Indonesian Civil Code (KUHPerdata) requirements and Law No. 30 of 1999 on Arbitration and Alternative Dispute Resolution. It typically includes detailed settlement terms, payment arrangements, releases, and the specific role of the third-party facilitator. The document is particularly valuable in complex commercial disputes where maintaining business relationships is important, offering a more flexible and less adversarial alternative to litigation while ensuring legal enforceability under Indonesian law.
Suggested Sections

1. Parties: Identifies all parties to the agreement including the two primary disputing parties and the third party facilitator/mediator

2. Background: Recitals explaining the nature of the dispute, relationship between parties, and context for the settlement

3. Definitions: Defines key terms used throughout the agreement

4. Settlement Terms: Details the core terms of settlement including obligations, rights, and concessions of each party

5. Payment Terms: Specifies amount, timing, and method of any settlement payments

6. Release and Waiver: Mutual release of claims and waiver of future actions related to the settled dispute

7. Third Party Role and Obligations: Defines the role, responsibilities, and authority of the third party in facilitating the settlement

8. Confidentiality: Provisions regarding confidentiality of the settlement terms and related discussions

9. Representations and Warranties: Standard representations about authority to enter agreement and binding nature of obligations

10. Governing Law and Jurisdiction: Specifies Indonesian law as governing law and defines jurisdiction for disputes

11. General Provisions: Standard boilerplate including severability, entire agreement, amendments, and notices

Optional Sections

1. Tax Provisions: Include when settlement involves significant monetary compensation or tax implications

2. Regulatory Compliance: Include when settlement relates to regulated industries or requires regulatory approvals

3. Intellectual Property Rights: Include when settlement involves IP rights or licensing

4. Non-Disparagement: Include when parties wish to prevent public criticism or negative statements

5. Implementation Timeline: Include when settlement requires complex or phased implementation

6. Dispute Resolution: Include when parties want specific procedures for resolving future disputes about the settlement

7. Insurance and Indemnification: Include when ongoing indemnification or insurance obligations exist

Suggested Schedules

1. Schedule A - Settlement Payment Details: Detailed breakdown of payment amounts, installments, and payment methods

2. Schedule B - Release Documentation: Forms and notices required to formally document the release of claims

3. Schedule C - Implementation Plan: Detailed timeline and steps for implementing settlement terms

4. Appendix 1 - Original Dispute Documentation: Key documents relating to the original dispute

5. Appendix 2 - Corporate Authorizations: Corporate resolutions or authorizations to enter into settlement

6. Appendix 3 - Supporting Evidence: Any relevant evidence or documentation supporting settlement terms

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Dispute
Effective Date
Settlement Amount
Settlement Date
Settlement Terms
Third Party
Parties
First Party
Second Party
Original Dispute
Claim
Release
Confidential Information
Business Day
Force Majeure
Governing Law
Implementation Plan
Payment Schedule
Related Parties
Representatives
Settlement Documentation
Supporting Evidence
Term
Termination Date
Working Days
Breach
Default
Dispute Notice
Material Adverse Effect
Mediator
Settlement Completion Date
Original Proceedings
Released Claims
Settlement Payment
Relevant Industries

Financial Services

Manufacturing

Real Estate

Construction

Technology

Retail

Energy

Mining

Healthcare

Transportation

Telecommunications

Professional Services

Agriculture

Education

Relevant Teams

Legal

Compliance

Risk Management

Corporate Secretariat

Finance

Executive Management

Operations

Commercial

Business Development

Contract Administration

Relevant Roles

Chief Legal Officer

General Counsel

Legal Director

Compliance Officer

Chief Executive Officer

Chief Financial Officer

Risk Manager

Corporate Secretary

Dispute Resolution Manager

Settlement Officer

Legal Counsel

Commercial Director

Business Development Manager

Contract Manager

Head of Legal Operations

Industries
Indonesian Civil Code (KUHPerdata): The fundamental law governing contracts in Indonesia, particularly Book III on Obligations. Articles 1233-1456 cover contracts and agreements, including formation, validity, and performance of contracts.
Law No. 30 of 1999: Law on Arbitration and Alternative Dispute Resolution, which provides the legal framework for settlement agreements and dispute resolution mechanisms in Indonesia.
Supreme Court Regulation No. 1 of 2016: Regulation on Mediation Procedures in Courts, which includes provisions for settlement agreements and their legal enforceability.
Law No. 48 of 2009: Law on Judicial Power, which includes provisions regarding the recognition and enforcement of settlement agreements.
Law No. 40 of 2007: Company Law, relevant when any of the parties is a corporation, governing authority to enter into settlement agreements.
Presidential Regulation No. 75 of 2014: Regulation on Legal Service Providers, which may be relevant if legal representatives are involved in the settlement process.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Settlement Agreement Ex Gratia Payment

An Indonesian law-governed agreement for voluntary (ex gratia) payments with comprehensive release provisions and regulatory compliance requirements.

find out more

Binding Financial Agreement Divorce

An Indonesian law-compliant agreement that formalizes financial separation and asset division between divorcing spouses.

find out more

Basic Settlement Agreement

An Indonesian law-governed agreement that formally documents the resolution of disputes between parties, including settlement terms and mutual releases.

find out more

Employment Termination Settlement Agreement

An Indonesian law-compliant agreement documenting employment termination terms and mutual settlement between employer and employee.

find out more

Debt Release Agreement

An Indonesian law-governed agreement that formally releases a debtor from their debt obligations to a creditor, subject to specified terms and conditions.

find out more

Debt Settlement Contract

An Indonesian law-governed agreement between creditor and debtor establishing modified terms for settling outstanding debt obligations.

find out more

Standard Settlement Agreement

An Indonesian law-governed agreement that documents the final resolution of a dispute between parties, including settlement terms and mutual releases.

find out more

Legal Divorce Agreement

An Indonesian law-compliant agreement outlining terms and conditions for marriage dissolution, including asset division and custody arrangements.

find out more

Redundancy Agreement

An Indonesian law-compliant agreement documenting employment termination due to redundancy, including statutory entitlements and obligations of both parties.

find out more

Marital Agreement Divorce

An Indonesian law-compliant agreement that formalizes divorce terms including property division, financial settlements, and child custody arrangements.

find out more

Contract Settlement Agreement

An Indonesian law-governed agreement that documents the terms and conditions of a dispute settlement between parties, including payment terms and mutual releases.

find out more

Compromise Agreement Payment

An Indonesian law-governed agreement detailing mutually agreed employment termination settlement terms and payments between employer and employee.

find out more

Binding Settlement Agreement

An Indonesian law-governed agreement that formally documents dispute resolution terms and creates legally binding obligations between settling parties.

find out more

Work Settlement Agreement

An Indonesian law-compliant agreement documenting mutual employment termination terms, including statutory benefits and releases.

find out more

Inheritance Settlement Agreement

An Indonesian legal agreement that formalizes the settlement and distribution of inherited assets under Indonesian civil, Islamic, and customary law frameworks.

find out more

Car Settlement Agreement

An Indonesian law-governed agreement that resolves vehicle-related disputes between parties, detailing settlement terms and conditions.

find out more

Amicable Settlement Agreement

An Indonesian law-governed agreement that documents the mutually agreed terms for settling a dispute between parties outside of court proceedings.

find out more

Pre Suit Settlement Agreement

An Indonesian law-governed agreement that documents the settlement terms between disputing parties to resolve their differences without proceeding to litigation.

find out more

Post Divorce Settlement Agreement

An Indonesian law-governed agreement that formalizes post-divorce arrangements between former spouses, including property division, financial settlements, and child custody matters.

find out more

Personal Guarantee Settlement Agreement

An Indonesian law-governed agreement that establishes terms for settling personal guarantee obligations, including payment schedules and release conditions.

find out more

Confidentiality Agreement Personal Injury Settlement

An Indonesian law-governed agreement combining personal injury settlement terms with confidentiality provisions to resolve injury claims while maintaining privacy of settlement details.

find out more

Simple Settlement Agreement

An Indonesian law-governed agreement for formally resolving disputes between parties, establishing settlement terms and mutual releases.

find out more

Non Compromise Agreement

An Indonesian law-governed agreement documenting parties' decision not to compromise and to pursue formal dispute resolution mechanisms.

find out more

Extrajudicial Agreement

An Indonesian law-governed agreement for resolving disputes outside the court system, providing a binding framework for mutual settlement between parties.

find out more

Civil Lawsuit Settlement Agreement

An Indonesian law-compliant agreement documenting the settlement terms of a civil lawsuit between parties, suitable for court validation.

find out more

After Divorce Settlement Agreement

An Indonesian law-governed agreement that establishes post-divorce arrangements between former spouses, including property division, financial settlements, and custody matters.

find out more

Lease Settlement Agreement

An Indonesian law-governed agreement that resolves lease-related disputes or terminates a lease arrangement between property owner and tenant.

find out more

Multi Party Settlement Agreement

An Indonesian law-governed agreement for resolving complex disputes between multiple parties through mutually agreed settlement terms.

find out more

Settlement Agreement Between Two Parties

An Indonesian law-governed agreement documenting the formal resolution of a dispute between two parties, including settlement terms and mutual releases.

find out more

Private Settlement Agreement For Car Accident

An Indonesian law-compliant private settlement agreement for resolving car accident claims and establishing compensation terms between involved parties.

find out more

Mutual Dispute Resolution Agreement

An Indonesian law-governed agreement establishing mutual procedures for dispute resolution through negotiation, mediation, and arbitration.

find out more

Out Of Court Settlement Agreement

An Indonesian law-governed agreement for resolving disputes outside of court, outlining settlement terms and mutual obligations between parties.

find out more

Eviction Settlement Agreement

An Indonesian law-compliant agreement that formalizes the terms of a mutually agreed property eviction between landlord and tenant.

find out more

Liability Settlement Agreement

An Indonesian law-governed agreement that documents the settlement of liability claims between parties, including settlement terms and mutual releases.

find out more

Money Settlement Agreement

An Indonesian law-governed agreement that formalizes monetary settlement terms and conditions between parties, ensuring legal compliance and settlement finality.

find out more

Fraud Settlement Agreement

An Indonesian law-governed agreement that settles fraud-related claims between parties, detailing settlement terms and mutual obligations.

find out more

Contract Dispute Settlement Agreement

An Indonesian law-governed agreement that documents the settlement terms between parties in a contract dispute, providing a legally binding resolution.

find out more

Third Party Settlement Agreement

An Indonesian law-governed agreement facilitating dispute resolution through third-party mediated settlement terms and conditions.

find out more

Structured Settlement Agreement

An Indonesian law-governed agreement establishing structured payment terms to resolve disputes or claims, with scheduled payments and enforcement mechanisms.

find out more

Payment Plan Settlement Agreement

An Indonesian law-governed agreement establishing structured payment terms between creditor and debtor for settling outstanding debt obligations.

find out more

Insurance Settlement Agreement

An Indonesian law-governed agreement that documents the settlement terms between insurer and insured, resolving an insurance claim under Indonesian insurance regulations.

find out more

Financial Settlement Agreement

An Indonesian law-governed agreement that documents the terms of a financial settlement between parties, including payment terms and mutual releases.

find out more

Debt Resolution Agreement

An Indonesian law-governed agreement establishing terms and conditions for resolving outstanding debt obligations between creditor and debtor.

find out more

Maintenance Settlement Agreement

An Indonesian law-governed agreement that establishes and formalizes maintenance payment obligations between parties, including payment terms and enforcement mechanisms.

find out more

Divorce Agreement Contract

An Indonesian law-compliant agreement documenting divorce terms and conditions, including asset division and custody arrangements, processed through either Religious or Civil Courts based on the couple's religion.

find out more

Financial Agreement Divorce

An Indonesian law-governed agreement detailing financial arrangements and property division between divorcing spouses, compliant with Indonesian marriage and divorce regulations.

find out more

Simple Settlement Agreement And Release

An Indonesian law-governed agreement that formally resolves disputes between parties and includes mutual releases to prevent future litigation.

find out more

Separation And Property Settlement Agreement

An Indonesian law-compliant agreement detailing the terms of separation between spouses and the division of marital assets and obligations.

find out more

Legal Settlement Agreement

An Indonesian law-governed agreement documenting mutually agreed terms to resolve disputes between parties, including settlement conditions and releases.

find out more

Conflict Resolution Agreement

A legally binding agreement under Indonesian law that establishes procedures and terms for resolving disputes between parties through structured conflict resolution methods.

find out more

Dispute Settlement Agreement

An Indonesian law-governed agreement that documents the formal settlement of disputes between parties, including settlement terms, releases, and compliance mechanisms.

find out more

Global Settlement Agreement

An Indonesian law-governed agreement that comprehensively settles all disputes between multiple parties, providing a final resolution of all claims and establishing clear settlement terms.

find out more

Pre Divorce Agreement

An Indonesian law-compliant agreement outlining mutually agreed terms between spouses prior to formal divorce proceedings, addressing property division, custody, and financial arrangements.

find out more

Non Disclosure Settlement Agreement

An Indonesian law-governed agreement combining dispute settlement terms with confidentiality obligations, ensuring private resolution of disputes while maintaining secrecy of settlement terms.

find out more

Mutual Release And Settlement Agreement

An Indonesian law-governed agreement that documents dispute settlement terms and provides mutual releases between parties.

find out more

Full And Final Settlement Agreement

An Indonesian law-governed agreement that provides a complete and final resolution of disputes between parties, incorporating all settlement terms and mutual releases.

find out more

Marital Settlement Agreement

An Indonesian law-governed agreement detailing marriage dissolution terms, property division, and related arrangements between separating spouses.

find out more

Divorce Property Settlement Agreement

An Indonesian law-compliant agreement for settling property division between divorcing spouses, covering all aspects of asset and liability distribution.

find out more

Construction Settlement Agreement

An Indonesian law-governed agreement that resolves construction-related disputes between parties, outlining settlement terms and mutual obligations.

find out more

Amicable Agreement

An Indonesian law-governed Amicable Agreement for voluntary dispute resolution between parties, structured under the Indonesian Civil Code and alternative dispute resolution framework.

find out more

Settlement Agreement And Release

An Indonesian law-governed agreement that documents dispute resolution terms and mutual releases between parties.

find out more

Dispute Resolution Agreement

Indonesian law-governed agreement establishing procedures for resolving disputes through negotiation, mediation, and arbitration.

find out more

Termination Settlement Agreement

An Indonesian law-governed agreement documenting mutual employment termination terms, including severance payments and releases between employer and employee.

find out more

Family Settlement Agreement

An Indonesian law-governed agreement that formalizes arrangements between family members regarding property, inheritance, or other family matters.

find out more

Property Settlement Agreement

An Indonesian law-governed agreement that formalizes property rights transfer or settlement between parties, requiring notarial execution and compliance with local property regulations.

find out more

Property Separation Agreement

An Indonesian law-compliant agreement establishing separate property ownership between married couples, detailing asset division and financial obligations.

find out more

Mutual Divorce Agreement

An Indonesian law-compliant agreement for consensual marriage dissolution, suitable for both religious and civil court proceedings.

find out more

Debt Settlement Agreement

An Indonesian law-governed agreement between creditor and debtor establishing terms for settling outstanding debt obligations, including payment schedule and enforcement mechanisms.

find out more

Amended Settlement Agreement

A legal document under Indonesian law that modifies an existing settlement agreement, outlining changes to previously agreed terms while ensuring compliance with Indonesian Civil Code requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.