The Partial Settlement Agreement is utilized when parties to a dispute in Singapore reach agreement on some but not all contested matters. This document is particularly valuable in complex disputes where achieving a complete resolution may be time-consuming or impractical. It allows parties to make progress by formally documenting agreed terms while maintaining their rights to pursue remaining issues. The agreement must comply with Singapore's legal framework, including the Civil Law Act and contract law principles. It typically includes detailed provisions about settled matters, reserved rights, and implementation timeframes.
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1. Parties: Identification and details of all parties involved in the settlement
2. Background: Context of the dispute and reason for partial settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Terms: Specific terms of the partial settlement including payments, actions, or obligations
5. Reserved Matters: Matters explicitly not covered by this partial settlement
6. Release Provisions: Extent of release from claims covered by the settlement
1. Confidentiality: Terms regarding confidentiality of settlement terms - used when parties want to keep settlement terms private
2. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - typically included at settling party's request
3. Tax Provisions: Treatment of settlement payments for tax purposes - included when settlement involves significant monetary compensation
4. Governing Law and Jurisdiction: Specification of applicable law and jurisdiction - important when parties are from different jurisdictions
1. Payment Schedule: Details of settlement payment amounts and timing
2. Settlement Scope: Detailed list of matters covered by the partial settlement
3. Excluded Claims: Detailed list of matters not covered by the settlement
4. Related Proceedings: List of any related legal proceedings affected by the settlement
Relevant legal definitions
Agreement
Claim
Completion Date
Confidential Information
Dispute
Effective Date
Excluded Claims
Initial Proceedings
Original Agreement
Parties
Payment
Released Claims
Reserved Matters
Settlement Amount
Settlement Period
Settled Claims
Settlement Date
Subject Matter
Unsettled Claims
Without Prejudice
Affiliate
Group Company
Related Entity
Subsidiary
Interest Rate
Payment Date
Payment Schedule
Transaction
Compliance Period
Obligation
Performance Date
Terms and Conditions
Claim
Completion Date
Confidential Information
Dispute
Effective Date
Excluded Claims
Initial Proceedings
Original Agreement
Parties
Payment
Released Claims
Reserved Matters
Settlement Amount
Settlement Period
Settled Claims
Settlement Date
Subject Matter
Unsettled Claims
Without Prejudice
Affiliate
Group Company
Related Entity
Subsidiary
Interest Rate
Payment Date
Payment Schedule
Transaction
Compliance Period
Obligation
Performance Date
Terms and Conditions
Clauses
Definitions and Interpretation
Settlement Terms
Payment Obligations
Reserved Matters
Release and Discharge
Confidentiality
Non-Admission of Liability
Further Assurance
Entire Agreement
Severability
Costs
Notices
Amendment
Assignment
Third Party Rights
Governing Law
Jurisdiction
Tax Treatment
Interest
Set-Off
Non-Disparagement
Publicity
Currency
Force Majeure
Mediation
Arbitration
Warranties
Indemnities
Time of Essence
Counterparts
Electronic Execution
Regulatory Compliance
Intellectual Property
Data Protection
Competition Law
Employment Terms
Settlement Terms
Payment Obligations
Reserved Matters
Release and Discharge
Confidentiality
Non-Admission of Liability
Further Assurance
Entire Agreement
Severability
Costs
Notices
Amendment
Assignment
Third Party Rights
Governing Law
Jurisdiction
Tax Treatment
Interest
Set-Off
Non-Disparagement
Publicity
Currency
Force Majeure
Mediation
Arbitration
Warranties
Indemnities
Time of Essence
Counterparts
Electronic Execution
Regulatory Compliance
Intellectual Property
Data Protection
Competition Law
Employment Terms
Relevant Industries
Relevant Teams
Relevant Roles
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