Release And Indemnity Agreement Template for Philippines

1. Insurance Requirements: Required when specific insurance coverage must be maintained to support indemnification obligations

2. Confidentiality: Include when the circumstances of the release or underlying facts should remain confidential

3. Non-Admission of Liability: Optional clause stating that the agreement does not constitute admission of liability or wrongdoing

4. Future Cooperation: Include when parties need to cooperate on related matters after the release

5. Tax Matters: Include when the release involves payments with tax implications

6. Third Party Rights: Include when the release affects rights of parties not directly signing the agreement

7. Return of Property: Include when physical items or documents need to be returned as part of the release

8. Non-Disparagement: Include when parties wish to prevent negative statements about each other

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

2. Schedule of Indemnified Parties: List of all parties covered by the indemnification provisions, including related entities or individuals

3. Schedule of Assets: If relevant, inventory of assets or properties involved in the release

4. Schedule of Excluded Claims: List of any claims or matters specifically excluded from the release

5. Payment Schedule: If applicable, details of payment terms, installments, or consideration

6. Required Notices and Communications: Contact information and procedures for required notices under the agreement