The General Mutual Release Agreement is a crucial legal instrument used in Singapore when parties wish to definitively settle all existing and potential claims between them. This document is particularly valuable following dispute resolution, business relationship termination, or employment separation. It provides comprehensive protection by releasing all claims, whether known or unknown, and typically includes provisions for consideration, confidentiality, and future conduct. The agreement must comply with Singapore contract law requirements and is commonly used to prevent future litigation while providing certainty and closure for all parties involved.
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1. Parties: Identifies all parties to the agreement with full legal names and addresses
2. Background: Explains context and reasons for the mutual release
3. Definitions: Defines key terms used tHRoughout the agreement
4. Mutual Release: Core provisions detailing the scope of claims being released
5. Consideration: States the consideration given for the release
6. Governing Law: Specifies Singapore law as governing law
7. Execution: Signature blocks and execution provisions
1. Non-Admission: States that the release does not constitute admission of liability by any party
2. Confidentiality: Requires parties to keep terms of the agreement confidential
3. Non-Disparagement: Prevents parties from making negative statements about each other
4. Future Cooperation: Sets out obligations to cooperate on related matters if needed
1. List of Released Claims: Detailed list of specific claims being released
2. Payment Schedule: Details of payment terms if consideration involves monetary payments
3. Related Proceedings: List of any legal proceedings being terminated
Relevant legal definitions
Clauses
Mutual Release and Discharge
Consideration
Non-Admission of Liability
Confidentiality
Non-Disparagement
Representations and Warranties
Unknown Claims
Covenant Not to Sue
Further Assurance
Assignment
Severability
Entire Agreement
Amendment
Waiver
Costs
Notices
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Legal Advice
Authority to Execute
Binding Effect
No Admission
Cooperation
Consideration
Non-Admission of Liability
Confidentiality
Non-Disparagement
Representations and Warranties
Unknown Claims
Covenant Not to Sue
Further Assurance
Assignment
Severability
Entire Agreement
Amendment
Waiver
Costs
Notices
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Legal Advice
Authority to Execute
Binding Effect
No Admission
Cooperation
Relevant Industries
Relevant Teams
Relevant Roles
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