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1. Parties: Identifies and defines all parties to the agreement, including their full legal names, addresses, and any relevant registration numbers
2. Background: Recitals explaining the context, relationship between parties, and circumstances leading to the agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and precision
4. Consideration: Details the consideration being provided in exchange for the release
5. Release Provisions: Comprehensive description of claims, rights, and obligations being released
6. Representations and Warranties: Statements of fact and promises made by each party regarding their authority and the subject matter of the release
7. Confidentiality: Obligations regarding the confidentiality of the agreement and its terms
8. Non-Admission of Liability: Statement that the agreement does not constitute an admission of liability by any party
9. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and establishes jurisdiction for disputes
10. Entire Agreement: Confirms the agreement represents the complete understanding between parties and supersedes prior agreements
11. Execution: Signature blocks and execution formalities
1. Non-Disparagement: Mutual obligations not to make negative statements about other parties - typically used in employment or public-facing disputes
2. Return of Property: Requirements for returning company property or confidential information - relevant in employment or commercial relationship terminations
3. Future Cooperation: Obligations regarding future cooperation between parties - useful in ongoing business relationships or litigation contexts
4. Tax Implications: Addresses responsibility for tax consequences - important when significant monetary consideration is involved
5. Surviving Obligations: Identifies which obligations continue after the release - relevant when certain duties should persist
6. Insurance Claims: Provisions regarding insurance claims and rights - relevant when insurance coverage is involved in the dispute
7. Reference Provision: Terms regarding future employment references - specifically for employment-related releases
1. Schedule of Released Claims: Detailed list of specific claims, disputes, or rights being released
2. Schedule of Payments: Payment terms, amounts, and schedule if consideration involves multiple payments
3. Schedule of Returned Items: Inventory of physical or intellectual property to be returned
4. Schedule of Continuing Obligations: List of obligations that survive the release
5. Schedule of Related Agreements: List of other agreements affected by or related to the release
Interpretation
Release
Consideration
Confidentiality
Non-Disparagement
Representations and Warranties
Covenants
Indemnification
Non-Admission of Liability
Return of Property
Severability
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Assignment
Notices
Third Party Rights
Costs
Counterparts
Waiver
Further Assurance
Time of Essence
Financial Services
Manufacturing
Technology
Professional Services
Healthcare
Education
Real Estate
Construction
Retail
Telecommunications
Energy
Transport and Logistics
Legal
Human Resources
Executive Leadership
Compliance
Risk Management
Corporate Secretariat
Finance
Operations
Legal Counsel
Human Resources Director
Chief Executive Officer
Chief Legal Officer
Risk Manager
Compliance Officer
Human Resources Manager
Corporate Secretary
Operations Director
Finance Director
Department Manager
Senior Executive
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