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Settlement Agreement And Release
"I need a Settlement Agreement and Release to resolve an ongoing commercial dispute with our former supplier, including a staged payment plan over 6 months starting March 2025 and mutual confidentiality obligations under Singapore law."
1. Parties: Full identification of all parties involved in the settlement
2. Background: Brief description of the dispute and circumstances leading to settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Sum: Details of the settlement amount and payment terms
5. Release and Discharge: Mutual release of claims and liabilities
6. Confidentiality: Obligations regarding non-disclosure of settlement terms
7. Governing Law: Specification of Singapore law as governing law
1. Non-Admission of Liability: Statement that settlement does not constitute admission of liability
2. Non-Disparagement: Mutual agreement not to make negative statements about other parties
3. Tax Implications: Treatment of tax obligations related to settlement
4. Future Cooperation: Terms for ongoing relationship or cooperation
1. Payment Schedule: Detailed breakdown of payment installments if applicable
2. List of Released Claims: Specific enumeration of claims being settled
3. Form of Release: Standard form for executing the release
4. Related Agreements: Copies of any referenced agreements or documents
Authors
Claim
Confidential Information
Dispute
Effective Date
Losses
Original Agreement
Parties
Released Claims
Released Parties
Releasing Parties
Settlement Amount
Settlement Payment
Settlement Sum
Subject Matter
Third Party
Transaction Documents
Working Day
Business Day
Affiliates
Representatives
Governing Law
Jurisdiction
Related Entities
Subsidiary
Signing Date
Completion Date
Payment Date
Confidentiality Obligations
Dispute Resolution
Definitions
Settlement Terms
Payment Obligations
Release
Discharge
Mutual Release
Confidentiality
Non-Disclosure
Non-Disparagement
Non-Admission of Liability
Warranties
Representations
Tax Treatment
Further Assurance
Entire Agreement
Severability
Amendment
Assignment
Notices
Force Majeure
Costs
Legal Fees
Waiver
Third Party Rights
Governing Law
Jurisdiction
Dispute Resolution
Counterparts
Binding Effect
Execution
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