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1. Parties: Identifies all parties to the release agreement, including their full legal names, addresses, and any relevant registration numbers for companies
2. Background: Provides context for the release, including brief description of the dispute or circumstances leading to the release
3. Definitions: Defines key terms used throughout the document to ensure clarity and prevent misinterpretation
4. Mutual Release: Core section detailing the mutual releases being granted, including scope of claims being released and effective date
5. Representations and Warranties: Statements by each party confirming their authority to enter into the agreement and understanding of its implications
6. No Admission of Liability: Statement clarifying that the release does not constitute an admission of liability by any party
7. Governing Law: Specifies Malaysian law as governing law and jurisdiction for any disputes
8. Execution: Signature blocks and execution requirements for all parties
1. Consideration: Details any payment or consideration being exchanged as part of the release (if applicable)
2. Confidentiality: Include when parties wish to keep the terms of the release and/or the underlying dispute confidential
3. Surviving Obligations: Specifies any obligations that survive the release, such as ongoing confidentiality requirements
4. Tax Implications: Include when the release involves monetary settlement with potential tax consequences
5. Non-Disparagement: Include when parties agree not to make negative statements about each other
6. Return of Property: Include when physical or intellectual property needs to be returned as part of the settlement
1. Schedule of Released Claims: Detailed list of specific claims, disputes, or matters being released
2. Schedule of Payments: If applicable, details of any settlement payments including amounts and payment schedule
3. Schedule of Returned Items: If applicable, inventory of any physical or intellectual property to be returned
4. Powers of Attorney: If applicable, documentation of authority to sign for corporate entities or other represented parties
Definitions
Mutual Release
Consideration
No Admission of Liability
Confidentiality
Non-Disparagement
Representations and Warranties
Further Assurance
Severability
Entire Agreement
Amendment
Assignment
Notices
Governing Law
Jurisdiction
Counterparts
Costs
Time of Essence
Waiver
Return of Property
Survival
Force Majeure
Third Party Rights
Execution
Manufacturing
Construction
Financial Services
Real Estate
Technology
Healthcare
Retail
Professional Services
Energy
Transportation
Education
Telecommunications
Mining and Resources
Agriculture
Hospitality
Legal
Human Resources
Compliance
Risk Management
Corporate Affairs
Executive Leadership
Finance
Operations
Project Management
Business Development
Corporate Secretariat
Legal Counsel
Chief Legal Officer
Risk Manager
Compliance Officer
Human Resources Director
Chief Executive Officer
Chief Financial Officer
Contract Manager
Business Development Manager
Company Secretary
Operations Director
Project Manager
Settlement Officer
Dispute Resolution Specialist
Corporate Affairs Manager
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