A Compromise Agreement Between Two Parties serves as a crucial tool in dispute resolution within the United States legal framework. This document is typically employed when parties wish to avoid costly litigation or resolve existing legal proceedings through mutual agreement. It addresses key elements such as settlement terms, releases, confidentiality provisions, and payment structures. The agreement must comply with both federal and state laws, particularly regarding the enforceability of releases and waivers. It's commonly used in various contexts, from commercial disputes to employment matters, and can be customized to address specific circumstances while maintaining legal compliance.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification and details of all parties involved in the agreement
2. Background/Recitals: Context of the dispute and reasons for the compromise agreement
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core compromises and agreements reached between parties
5. Payment Terms: Details of any financial settlements, including timing and method
6. Release of Claims: Mutual release of existing and potential future claims
7. Governing Law: Jurisdiction and applicable law
1. Confidentiality: Terms of confidentiality regarding the settlement and when parties wish to keep settlement terms private
2. Non-Disparagement: Agreement not to make negative statements about other party, typically used in high-profile disputes or employment-related settlements
3. Tax Implications: Treatment of settlement payments for tax purposes, used when settlement involves significant monetary compensation
4. Return of Property: Terms for returning any relevant property or documents, applicable when physical or intellectual property is involved
1. Schedule of Payments: Detailed payment structure if installments are involved
2. List of Released Claims: Specific enumeration of claims being released
3. Property Schedule: List of property to be returned or transferred
4. Required Notices: Any statutory notices required by law (e.g., ADEA notices)
Relevant legal definitions
Agreement
Effective Date
Parties
Claim
Dispute
Settlement Amount
Settlement Payment
Released Claims
Released Parties
Releasing Parties
Confidential Information
Material Terms
Settlement Date
Governing Law
Jurisdiction
Business Day
Force Majeure
Dispute Resolution
Non-Disparagement
Default
Breach
Representations and Warranties
Notice
Consideration
Execution Date
Payment Schedule
Mutual Release
Surviving Obligations
Term
Termination
Effective Date
Parties
Claim
Dispute
Settlement Amount
Settlement Payment
Released Claims
Released Parties
Releasing Parties
Confidential Information
Material Terms
Settlement Date
Governing Law
Jurisdiction
Business Day
Force Majeure
Dispute Resolution
Non-Disparagement
Default
Breach
Representations and Warranties
Notice
Consideration
Execution Date
Payment Schedule
Mutual Release
Surviving Obligations
Term
Termination
Clauses
Mutual Release
Consideration
Payment Terms
Confidentiality
Non-Disparagement
Representations and Warranties
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Severability
Amendment
Assignment
Waiver
Third Party Rights
Further Assurance
Tax Treatment
Indemnification
Breach and Remedies
No Admission of Liability
Return of Property
Cooperation
Time of Essence
Counterparts
Authority to Execute
Legal Costs
Survival
Consideration
Payment Terms
Confidentiality
Non-Disparagement
Representations and Warranties
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Notices
Entire Agreement
Severability
Amendment
Assignment
Waiver
Third Party Rights
Further Assurance
Tax Treatment
Indemnification
Breach and Remedies
No Admission of Liability
Return of Property
Cooperation
Time of Essence
Counterparts
Authority to Execute
Legal Costs
Survival
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Stipulation And Settlement Agreement
A U.S. legal document that formalizes the agreed-upon terms between parties to resolve a dispute without further litigation.
find out more
Stipulated Settlement Agreement
A U.S. legal document that formalizes agreed-upon terms between parties to settle a dispute without further litigation.
find out more
Mutual Release Settlement Agreement
A U.S.-governed agreement where parties mutually release each other from claims and establish settlement terms.
find out more
Hold Harmless Settlement Agreement
A U.S. legal document that combines settlement terms with hold harmless provisions to resolve disputes and protect parties from future liability.
find out more
Financial Settlement Consent Order
A U.S. court-approved document that formalizes financial settlement terms between parties and makes them legally binding.
find out more
Federal Employee Settlement Agreement
A legally binding agreement resolving disputes between U.S. federal agencies and their employees, governed by federal employment law.
find out more
Agreement For Property Settlement
A U.S. legal document that formalizes the division and transfer of property between parties.
find out more
Divorce Final Settlement Agreement
A U.S. legal document that finalizes the terms of a divorce settlement, including property division, custody, and support obligations.
find out more
Whistleblowing Settlement Agreement
A U.S.-governed agreement resolving claims between a whistleblower and an organization, including settlement terms and statutory protections.
find out more
Settlement Agreement Not To Sue
A U.S. legal document that resolves disputes between parties and includes a binding agreement not to pursue future legal action on the settled matters.
find out more
Small Claims Court Settlement Agreement
A U.S. legal document that formalizes settlement terms between parties in small claims court disputes, typically for claims under state-specific monetary limits.
find out more
Settlement Stipulation Agreement
A U.S. legal document that formalizes settlement terms between disputing parties and can be filed with the court as an enforceable order.
find out more
Pre Suit Settlement Agreement
A U.S. legal document that formalizes the settlement of disputes before litigation commences.
find out more
Post Judgment Settlement Agreement
A U.S. legal document that establishes terms for settling an existing court judgment through mutually agreed payment arrangements.
find out more
Average Settlement Compromise Agreement
A U.S. maritime law agreement that formalizes the settlement of general average claims between vessel owners, cargo owners, and insurers.
find out more
Marriage Agreement Settlement
A U.S. legal document that establishes the terms of marriage dissolution, including asset division and spousal arrangements under state law.
find out more
Divorce Stipulation Agreement
A U.S. legal document that outlines mutually agreed terms between spouses for their divorce, including property division, custody, and support arrangements.
find out more
Trademark Opposition Settlement Agreement
A U.S. legal agreement resolving trademark opposition proceedings before the USPTO's Trademark Trial and Appeal Board.
find out more
Summary Dissolution Property Settlement Agreement
A U.S. legal document outlining property and debt division for couples pursuing a simplified divorce through summary dissolution.
find out more
Non Judicial Settlement Agreement
A U.S. legal document enabling trust modifications and dispute resolution without court involvement, requiring all beneficiaries' consent.
find out more
Formal Settlement Agreement
A U.S. legal document that formalizes the resolution of disputes between parties, establishing binding terms and conditions for settlement.
find out more
Divorce Settlement Agreement Pension Fund
A U.S. legal agreement specifying the division of pension benefits between divorcing spouses, compliant with federal ERISA and state divorce laws.
find out more
Work Employment Contract
A U.S.-compliant employment agreement defining the terms and conditions between employer and employee under federal and state laws.
find out more
Partial Divorce Agreement
A U.S. legal document that formalizes agreement on specific aspects of a divorce while leaving other matters for future resolution.
find out more
Financial Agreement After Divorce
A U.S. legal document that establishes financial arrangements between divorced parties after their divorce is finalized.
find out more
Divorce Settlement Agreement Immovable Property
A U.S. legal document outlining the division of real estate assets between divorcing spouses, conforming to federal and state property laws.
find out more
Non Payment Of Settlement Agreement
A U.S. legal document addressing default on payment obligations under an existing settlement agreement, outlining consequences and remedies.
find out more
Federal Settlement Agreement
A U.S. federal legal document that resolves disputes involving federal law or authorities, establishing settlement terms between parties.
find out more
Mutual Release Of Claims Agreement
A U.S. legal document where parties mutually agree to release each other from all claims and potential legal actions.
find out more
Minor Car Accident Settlement Letter
A U.S.-compliant settlement letter used to resolve minor car accident claims between parties, documenting compensation terms and liability release.
find out more
Reaffirmation Settlement Agreement
A U.S. bankruptcy document that allows debtors to maintain specific debt obligations that would otherwise be discharged in bankruptcy proceedings.
find out more
Pre Litigation Settlement Agreement
A U.S. legal document that formalizes the settlement of disputes before litigation begins.
find out more
Neutral Reference Settlement Agreement
A U.S.-governed agreement establishing terms for providing neutral employment references, typically used in employment dispute resolutions.
find out more
Debt Compromise Agreement
A U.S. legal document that formalizes an agreement to settle a debt for less than the original amount owed.
find out more
Case Settlement Agreement
A U.S. legal document that formalizes the resolution of a dispute between parties, outlining settlement terms and releases.
find out more
Accident Agreement Between Two Parties
A U.S. legal document that formalizes settlement terms between parties involved in an accident, including compensation and liability release.
find out more
Property Settlement Agreement After Divorce
A U.S. legal document that establishes the division of marital assets and debts between former spouses after divorce.
find out more
Uncontested Divorce Property Settlement Agreement
A U.S. legal agreement detailing the mutually agreed division of assets and responsibilities between spouses in an uncontested divorce.
find out more
Foreclosure Settlement Agreement
A U.S. legal agreement between lender and borrower that resolves a mortgage default without completing foreclosure proceedings.
find out more
Family Settlement Agreement Probate
A US legal document that establishes agreed terms for estate distribution among family members under state probate laws.
find out more
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)