1. Confidentiality: Required when parties wish to keep the settlement terms confidential

2. Partial Release: Used when the release applies only to specific claims while reserving rights for others

3. Third Party Rights: Needed when the release affects rights of parties not directly involved in the settlement

4. Future Claims: Additional language addressing potential future claims that may arise from the same incident

5. Tax Implications: Required when settlement amount has significant tax implications that need to be addressed

6. Multiple Beneficiaries: Used when the settlement amount is to be distributed among multiple beneficiaries

1. Schedule A - Claim Details: Detailed description of the claim including incident reports, damage assessments, and claim calculations

2. Schedule B - Settlement Calculation: Breakdown of the settlement amount including any deductions or adjustments

3. Schedule C - Supporting Documents: List of all supporting documents including insurance policies, correspondence, and evidence

4. Schedule D - Payment Details: Details of payment method, bank account information, and payment schedule if applicable