Release And Discharge Agreement Template for Philippines

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Release And Discharge Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Release And Discharge Agreement

"I need a Release and Discharge Agreement under Philippine law for an amicable separation with a senior employee who's leaving our tech company on March 15, 2025, including confidentiality provisions and the return of company equipment."

Document background

The Release and Discharge Agreement is a critical legal instrument in the Philippine legal system, commonly used to formalize the settlement of disputes, claims, or obligations between parties. This document is particularly relevant in situations involving employment separations, business dispute resolutions, settlement of legal claims, or conclusion of business relationships. The agreement must comply with Philippine Civil Code requirements and, where applicable, Labor Code provisions, especially for employment-related releases. It typically includes detailed provisions about the claims being released, consideration provided, and any continuing obligations. The document's importance lies in its ability to provide legal certainty and finality to transactions, preventing future disputes over settled matters. Given the Philippine courts' strict scrutiny of release agreements, particularly in employment contexts, careful attention must be paid to ensuring the agreement is fair, voluntary, and supported by adequate consideration.

Suggested Sections

1. Parties: Identification of all parties to the agreement, including their full legal names, addresses, and capacities

2. Background: Recitals explaining the context and circumstances leading to the release, including any disputes or claims being released

3. Definitions: Key terms used throughout the agreement, including 'Released Claims', 'Effective Date', and other relevant definitions

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

5. Release and Discharge: Core provision detailing the scope of claims being released and discharged

6. Representations and Warranties: Statements by both parties regarding their authority to enter into the agreement and understanding of its implications

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

8. Governing Law: Specification that Philippine law governs the agreement

9. Entire Agreement: Integration clause stating this document represents the complete agreement between parties

10. Execution: Signature blocks and execution requirements under Philippine law

Optional Sections

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

2. Non-Disparagement: Include when parties agree not to make negative statements about each other

3. Return of Property: Necessary when physical or intellectual property needs to be returned as part of the release

4. Tax Implications: Include when the release involves significant monetary consideration or tax consequences

5. Continuing Obligations: Required when certain obligations survive the release

6. Revival Clause: Include when the release should be void upon breach of specific conditions

7. Labor Code Compliance: Required when the release involves employment matters or quitclaims

8. Future Cooperation: Include when parties need to cooperate on ongoing matters post-release

Suggested Schedules

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

2. Schedule B - Consideration Details: Breakdown of any monetary or non-monetary consideration being provided

3. Schedule C - Property List: Inventory of any property to be returned or transferred

4. Appendix 1 - Related Agreements: List of any related agreements affected by or referenced in the release

5. Appendix 2 - Corporate Authorizations: Copies of corporate resolutions or authorizations if parties are corporations

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Legal Services

Financial Services

Manufacturing

Real Estate

Construction

Healthcare

Technology

Retail

Professional Services

Entertainment

Education

Transportation

Energy

Mining

Agriculture

Relevant Teams

Legal

Human Resources

Finance

Compliance

Risk Management

Operations

Executive Leadership

Corporate Affairs

Business Development

Administrative

Relevant Roles

Legal Counsel

Corporate Secretary

Human Resources Director

Chief Executive Officer

Chief Financial Officer

Risk Manager

Compliance Officer

Business Development Manager

Operations Manager

Project Manager

Settlement Officer

Claims Manager

Contract Administrator

General Counsel

Managing Partner

Find the exact document you need

Waiver Release And Hold Harmless Agreement

A Philippine law-governed agreement where participants waive their right to sue and release organizations from liability for specific activities or services.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Release And Discharge Agreement

Authors

Alex Denne

Find the exact document you need

Waiver Release And Hold Harmless Agreement

Mutual Release Form (Real Estate)

Employee Waiver Of Liability

Hold Harmless Release Letter

Waiver Of Liability For Construction Work

Covenant Not To Sue Form

Termination And Release Agreement (Real Estate)

Release Of Memorandum Of Contract

Release Of Contract Form (Real Estate)

Mutual Release Contract

Vehicle Damage Release Form

Release And Covenant Not To Sue

Handyman Waiver Form

Use Of Likeness Agreement

Formal Lease Termination Letter

Music Release Contract

Press Release Agreement

Video Release Agreement

Work Immersion Agreement And Liability Waiver

Waiver Of Rights Agreement

Contract And Release

Simple Release Agreement

Insurance Hold Harmless Agreement

Debt Waiver Agreement

Agreement Not To Sue

Release Of Security Agreement

Release From Employment Contract

Media Release Agreement

General Release And Waiver

General Mutual Release Agreement

Covenant Not To Sue Settlement Agreement

Termination Release Agreement

Talent Release Agreement

Release And Waiver Of Liability Form

Release And Indemnification Form

Release Of Purchase Agreement

Release Of Guarantee Agreement

Release Of Confidentiality Form

Motorcycle Ride Waiver Release Consent

Termination Of Contract And Release Of Earnest Money Form

Release Of Memorandum Of Lease

Land Contract Release Form

Cancellation And Release Of Purchase And Sale Contract

Severance Pay Release Of Claims Form

Release Of Listing Agreement

General Release And Waiver Of Claims

Termination Of Agency Agreement And Release Form

Termination Of Agency Agreement And Release

Receipt Release And Refunding Agreement Form

Release Of Marital Agreement Form

Release Of Commercial Lease Agreement

Release And Trust Agreement

Mutual Release Of Purchase Agreement

Mutual Release Of Liability Form

Fitness Waiver Of Liability

Confidential Settlement Agreement And Release

Severance Agreement And General Release

Release Of Marital Agreement

Receipt Release And Refunding Agreement

Hold Harmless Release Form

Equipment Release Agreement

Settlement Waiver And Release Agreement

Release Of Non Compete Agreement

Release Of Liability Settlement Agreement

Release Of Earnest Money Form

Full And Final Release Agreement

Cancellation Agreement And Mutual Release

Roommate Release Form

Sports Waiver Of Liability

Private Property Agreement And Waiver

Event Waiver Of Liability

Confidential Settlement Agreement And General Release

Personal Release Agreement

Personal Training Waiver Of Liability

Mutual General Release