Settlement Agreement Contract Template for Saudi Arabia

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

2. Future Cooperation: Include when parties need to specify ongoing obligations or cooperation after settlement

3. Tax Implications: Include when settlement involves significant monetary compensation with tax consequences

4. Insurance Provisions: Include when settlement involves insurance claims or future insurance obligations

5. Intellectual Property Rights: Include when settlement involves transfer or licensing of intellectual property

6. Third Party Rights: Include when settlement affects rights of parties not directly involved in the agreement

7. Force Majeure: Include when future performance obligations are part of the settlement

1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and methods if settlement involves installment payments

2. Schedule 2 - Released Claims: Comprehensive list of all claims being settled and released

3. Schedule 3 - Required Actions: List of specific actions parties must take to implement the settlement

4. Schedule 4 - Related Proceedings: List of any legal proceedings to be discontinued as part of settlement

5. Schedule 5 - Form of Release: Template of any additional release documents to be executed

6. Appendix A - Supporting Documents: Copies of relevant documents referenced in the settlement

7. Appendix B - Corporate Authorizations: Copies of corporate approvals and authorizations if parties are companies