Standard Release Agreement Template for Switzerland

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Key Requirements PROMPT example:

Standard Release Agreement

"I need a Standard Release Agreement under Swiss law for our departing Chief Technology Officer who will be leaving the company on March 1, 2025, including provisions for intellectual property rights and ongoing confidentiality obligations."

Document background

The Standard Release Agreement is a fundamental legal instrument used in Swiss business and legal practice to formally discharge one party from claims or liabilities asserted by another party. This document is particularly relevant in situations involving settlement of disputes, completion of business transactions, termination of employment relationships, or conclusion of commercial arrangements. The agreement must comply with Swiss legal requirements, particularly the Swiss Code of Obligations and related federal laws. It typically includes detailed provisions about the scope of the release, consideration provided, representations and warranties, and may address both current and potential future claims. The document is designed to provide legal certainty and finality to both parties while ensuring compliance with Swiss mandatory law provisions that cannot be waived.

Suggested Sections

1. Parties: Identification and details of the releasing party and released party

2. Background: Context and circumstances leading to the release agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Release and Waiver: Core provisions detailing the scope of claims, rights, and obligations being released

5. Consideration: Description of the consideration being provided in exchange for the release

6. Representations and Warranties: Statements of fact and assurances by the parties regarding their capacity and authority to enter into the agreement

7. General Provisions: Standard contractual provisions including governing law, jurisdiction, and entire agreement clause

8. Execution: Signature blocks and execution formalities

Optional Sections

1. Intellectual Property Rights: Specific provisions relating to the release of IP rights, used when the release involves patents, copyrights, or other IP

2. Confidentiality: Provisions regarding the confidentiality of the agreement and any related information, used when sensitive information is involved

3. Future Claims: Provisions addressing the treatment of future or unknown claims, used in comprehensive settlements

4. Non-Disparagement: Mutual obligations not to make negative statements about the other party, often used in employment-related releases

5. Survival: Identification of provisions that survive the release, used when certain obligations should continue

6. Tax Implications: Provisions addressing tax consequences and responsibilities, used when the release involves significant monetary consideration

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, disputes, or rights being released

2. Schedule of Related Agreements: List of other agreements affected by or related to the release

3. Schedule of Consideration: Detailed description of consideration, payment terms, or other benefits being provided

4. Schedule of Excluded Claims: List of claims or rights specifically excluded from the release

5. Form of Public Announcement: Template for any agreed public statements about the release, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Financial Services

Manufacturing

Technology

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Real Estate

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Energy

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Education

Entertainment

Insurance

Telecommunications

Relevant Teams

Legal

Human Resources

Compliance

Risk Management

Corporate Affairs

Executive Management

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Relevant Roles

Legal Counsel

Corporate Lawyer

Compliance Officer

Human Resources Director

Risk Manager

Chief Legal Officer

General Counsel

Contract Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

HR Business Partner

Settlement Officer

Claims Manager

Corporate Secretary

Find the exact document you need

Waiver Release And Hold Harmless Agreement

A Swiss law-governed agreement where one party waives rights to legal claims against another party for specified activities, subject to Swiss liability limitations.

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Let's create your Standard Release Agreement

Authors

Alex Denne

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