Partnership Settlement Agreement Template for United Arab Emirates

1. Non-Compete Provisions: Restrictions on future business activities, if agreed between parties

2. Ongoing Cooperation: Terms for transitional assistance or knowledge transfer, if required

3. Employee Matters: Handling of employment relationships if the partnership has employees

4. Insurance and Indemnification: Special provisions for insurance claims and ongoing indemnities

5. Intellectual Property Assignment: Specific IP transfer provisions if significant IP assets exist

6. Third Party Consents: Process for obtaining necessary third-party approvals

7. Bank Accounts and Financial Matters: Specific provisions for handling joint bank accounts and financial instruments

1. Schedule 1 - Asset Schedule: Detailed list of all partnership assets and their agreed distribution

2. Schedule 2 - Payment Schedule: Timeline and details of all settlement payments

3. Schedule 3 - Liability Schedule: Comprehensive list of partnership liabilities and their allocation

4. Schedule 4 - Contracts Schedule: List of existing contracts and their disposition

5. Schedule 5 - Required Notices: Template notices required for various authorities and third parties

6. Appendix A - Partnership Documents: Copies of original partnership agreement and relevant amendments

7. Appendix B - Valuation Reports: Any third-party valuations used in settlement calculations

8. Appendix C - Commercial Licenses: Copies of relevant business licenses and registrations