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1. Parties: Identification and details of all parties to the settlement agreement
2. Background: Recitals describing the dispute or claims being settled and relevant history
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Sum: Details of the settlement amount and payment terms
5. Settlement Terms: Specific actions to be taken by each party as part of the settlement
6. Release and Discharge: Mutual release of claims and obligations between the parties
7. Confidentiality: Obligations regarding confidentiality of the settlement terms
8. Non-Admission of Liability: Statement that the settlement does not constitute admission of liability
9. Entire Agreement: Clause stating this document represents the complete agreement between parties
10. Governing Law: Specification that Malaysian law governs the agreement
11. Execution: Signature blocks and execution formalities
1. Non-Disparagement: Mutual obligations not to make negative statements about other parties
2. Tax Implications: Include when settlement payments have specific tax considerations
3. Return of Property: Required when physical or intellectual property needs to be returned
4. Continuing Obligations: Used when certain obligations from prior agreements remain in effect
5. Future Cooperation: Include when parties need to cooperate on specific matters post-settlement
6. Insurance Claims: Required when insurance companies are involved in the settlement
7. Third Party Rights: Include when settlement affects rights of parties not directly involved
8. Variation: Specific requirements for modifying the agreement, if needed
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and methods
2. Schedule 2 - Released Claims: Comprehensive list of claims being settled and released
3. Schedule 3 - Required Actions: Specific actions required by each party with deadlines
4. Schedule 4 - Relevant Documents: List of documents referenced in or relevant to the settlement
5. Appendix A - Form of Release: Standard form for additional releases if required
6. Appendix B - Confidentiality Agreement: Detailed confidentiality terms if separate from main agreement
Business Day
Claim
Confidential Information
Dispute
Effective Date
Encumbrance
Identity Card
Law
Losses
Original Agreement
Party
Payment
Release Date
Representatives
Ringgit Malaysia
Settlement Sum
Settlement Terms
Signing Date
Dispute Period
Released Claims
Related Entities
Subject Matter
Working Hours
Definitions
Settlement Terms
Payment Obligations
Release and Discharge
Confidentiality
Non-Admission of Liability
Non-Disparagement
Representations and Warranties
Return of Property
Tax Matters
Further Assurance
Costs
Notices
Assignment
Severability
Entire Agreement
Variation
Waiver
Third Party Rights
Governing Law
Dispute Resolution
Counterparts
Authority to Execute
Financial Services
Manufacturing
Construction
Real Estate
Technology
Healthcare
Energy
Telecommunications
Professional Services
Retail
Education
Transportation
Agriculture
Mining
Hospitality
Legal
Compliance
Finance
Executive Leadership
Human Resources
Risk Management
Operations
Corporate Secretariat
Internal Audit
Business Development
Legal Counsel
Chief Legal Officer
Compliance Officer
Risk Manager
Chief Financial Officer
Financial Controller
Chief Executive Officer
Managing Director
Human Resources Director
Company Secretary
Contract Manager
Business Development Manager
Operations Director
Project Manager
Claims Manager
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