Unconditional Final Release Form Template for Netherlands

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Key Requirements PROMPT example:

Unconditional Final Release Form

I need an Unconditional Final Release Form under Dutch law for a departing senior executive, including confidentiality and non-disparagement provisions, with the release to be effective from March 1, 2025.

Document background
The Unconditional Final Release Form is a critical legal instrument used in the Netherlands when parties wish to achieve a complete and definitive settlement of all claims and obligations between them. It is commonly employed following the resolution of disputes, completion of projects, termination of business relationships, or conclusion of employment arrangements. The document, governed by Dutch law, particularly the provisions of the Burgerlijk Wetboek, provides comprehensive release language that covers both known and unknown claims, ensuring that all matters between the parties are conclusively settled. This type of release form is distinguished by its unconditional nature, meaning that once executed, it cannot be revoked or challenged except under very limited circumstances prescribed by Dutch law. The document typically includes detailed provisions about the scope of the release, consideration provided, and representations about the parties' understanding of their rights.
Suggested Sections

1. Parties: Identification of the releasing party (releasor) and the party being released (releasee), including full legal names and addresses

2. Background: Brief context of the relationship between the parties and the circumstances leading to the release

3. Definitions: Key terms used in the release, including 'Claims', 'Effective Date', and any other relevant defined terms

4. Consideration: Statement of the consideration being provided in exchange for the release

5. Release: Core provision containing the unconditional and irrevocable release of all claims

6. Scope of Release: Detailed description of what is covered by the release, including known and unknown claims

7. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party

8. Representations and Warranties: Confirmations by the releasing party regarding their authority and understanding of the release

9. Governing Law: Specification that Dutch law governs the release

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Confidentiality: Required when parties wish to keep the existence or terms of the release confidential

2. Tax Implications: Added when there are significant tax consequences that need to be addressed

3. Return of Property: Include when the release involves the return of any physical or intellectual property

4. Non-Disparagement: Optional provision preventing parties from making negative statements about each other

5. Cooperation: Required when ongoing cooperation is needed for implementing the release

6. Severability: Optional clause addressing the survival of provisions if parts are found invalid

7. Third Party Rights: Include when the release affects rights of third parties or related entities

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, disputes, or matters being released

2. Schedule of Related Agreements: List of any agreements being terminated or affected by the release

3. Schedule of Consideration: If complex consideration is involved, detailed breakdown of payments or other consideration

4. Schedule of Released Parties: If multiple parties are being released, comprehensive list of all released entities and individuals

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

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Relevant Roles

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Industries
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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

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