Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Non Judicial Settlement Agreement
"I need a Non Judicial Settlement Agreement under Singapore law to resolve a commercial dispute with our former supplier regarding defective manufacturing equipment, with a settlement amount of SGD 250,000 to be paid in installments starting March 2025."
1. Parties: Identification and details of all parties to the settlement
2. Background: Context of the dispute and reasons for settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Terms: Core settlement provisions including payment terms, obligations, and timelines
5. Release Provisions: Mutual releases from claims and liabilities
6. Confidentiality: Terms regarding confidentiality of the settlement
7. Governing Law: Specification of Singapore law as governing law
8. Execution: Signature blocks and execution details
1. Non-admission of Liability: Statement that settlement does not constitute admission of liability - use when party wishes to explicitly deny liability while settling
2. Non-disparagement: Provisions preventing parties from making negative statements about each other - recommended for high-profile or sensitive cases
3. Tax Implications: Treatment of tax consequences of settlement - include when settlement involves significant monetary compensation
4. Insurance Provisions: Details of any insurance coverage or claims - include when insurance is involved in the settlement
1. Schedule of Payments: Detailed breakdown of settlement payments and timeline
2. List of Released Claims: Specific claims being settled and released
3. Form of Release: Standard form for releasing claims
4. Related Documents: List of associated agreements or documents referenced in settlement
Authors
Business Day
Claim
Confidential Information
Dispute
Effective Date
Encumbrance
Loss
Parties
Related Entities
Released Claims
Released Parties
Settlement Amount
Settlement Payment
Settlement Date
SGD
Stamp Duty
Subject Matter
Tax
Working Day
Dispute Resolution Process
Governing Law
Intellectual Property Rights
Material Breach
Mediator
Non-Disparagement Obligations
Notice
Payment Schedule
Representatives
Territory
Definitions
Settlement Terms
Payment Obligations
Release and Discharge
Non-Admission of Liability
Confidentiality
Non-Disparagement
Entire Agreement
Further Assurance
Costs
Tax Treatment
Governing Law
Dispute Resolution
Severability
Assignment
Notices
Third Party Rights
Amendment
Counterparts
Time of Essence
Waiver
Force Majeure
Indemnification
Representations and Warranties
Termination
Compliance with Laws
Execution
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.