A Post Settlement Agreement is utilized when parties have reached a resolution to their dispute and need to formally document their settlement terms. Under Singapore law, this agreement serves as a crucial document that details the exact terms of settlement, including payment schedules, mutual releases, and ongoing obligations. It provides certainty and finality to the dispute resolution process, incorporating all necessary provisions required by Singapore's legal framework to ensure enforceability and compliance with local regulations. The agreement is particularly important for maintaining clear records of settlement terms and preventing future disputes over the interpretation or implementation of the settlement.
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1. Parties: Identification and details of all parties to the settlement
2. Background: Context of the original dispute and settlement circumstances
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Terms: Detailed terms of the settlement including payments, actions, and timelines
5. Release Provisions: Mutual releases and waivers of claims
6. Confidentiality: Terms regarding confidentiality of the settlement
7. Governing Law: Specification of Singapore law as governing law
1. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - use when explicitly requested by settling parties
2. Non-Disparagement: Provisions preventing parties from making negative statements - relevant in high-profile or sensitive settlements
3. Tax Implications: Treatment of settlement payments for tax purposes - include when settlement involves significant monetary compensation
4. Future Cooperation: Terms for ongoing relationship between parties - include when parties need to maintain business relationship
1. Payment Schedule: Detailed breakdown of settlement payments and timelines
2. Original Dispute Documents: Reference documents relating to the original dispute
3. Release Forms: Standard forms for executing releases
4. Confidentiality Undertakings: Detailed confidentiality obligations and procedures
Relevant legal definitions
Agreement
Effective Date
Original Dispute
Settlement Amount
Settlement Payment(s)
Payment Date(s)
Parties
Released Claims
Released Parties
Releasing Parties
Confidential Information
Business Day
Dispute
Original Proceedings
Settlement Terms
Completion Date
Related Entities
Representatives
Governing Law
Default Event
Force Majeure Event
Claim
Losses
Material Breach
Notice
Original Agreement
Settlement Documents
Working Day
Termination Event
Effective Date
Original Dispute
Settlement Amount
Settlement Payment(s)
Payment Date(s)
Parties
Released Claims
Released Parties
Releasing Parties
Confidential Information
Business Day
Dispute
Original Proceedings
Settlement Terms
Completion Date
Related Entities
Representatives
Governing Law
Default Event
Force Majeure Event
Claim
Losses
Material Breach
Notice
Original Agreement
Settlement Documents
Working Day
Termination Event
Clauses
Definitions and Interpretation
Settlement Terms
Payment Obligations
Release and Discharge
Confidentiality
Non-Admission of Liability
Non-Disparagement
Full and Final Settlement
Tax Treatment
Warranties and Representations
Further Assurance
Costs
Assignment
Severability
Entire Agreement
Variation
Waiver
Notices
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Force Majeure
Breach and Remedies
Termination
Indemnification
Execution
Settlement Terms
Payment Obligations
Release and Discharge
Confidentiality
Non-Admission of Liability
Non-Disparagement
Full and Final Settlement
Tax Treatment
Warranties and Representations
Further Assurance
Costs
Assignment
Severability
Entire Agreement
Variation
Waiver
Notices
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Force Majeure
Breach and Remedies
Termination
Indemnification
Execution
Relevant Industries
Relevant Teams
Relevant Roles
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