Release Of All Claims Form Template for Germany

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Key Requirements PROMPT example:

Release Of All Claims Form

"I need a Release of All Claims Form under German law for a settlement between my manufacturing company and a supplier following a dispute over defective machinery, with the settlement payment of €50,000 to be made in installments through March 2025."

Document background
The Release Of All Claims Form is a critical legal instrument used in German business and civil matters to formally settle disputes and release all claims between parties. This document is particularly valuable when parties wish to achieve a complete and final resolution of all existing and potential future disputes. It is commonly used following settlements, in employment terminations, after accident resolutions, or in business transaction closures. The document must comply with German Civil Code (BGB) requirements, particularly § 779 regarding settlement agreements (Vergleich) and § 126 concerning written form requirements. It includes detailed provisions about the claims being released, consideration provided, and representations by the parties. The form's comprehensive nature makes it suitable for various scenarios where a complete resolution of all potential claims is desired, providing legal certainty under German law.
Suggested Sections

1. Parties: Identification of all parties involved, including full legal names, addresses, and any relevant registration numbers for entities

2. Background: Context of the dispute or circumstances leading to the release, including relevant dates and events

3. Definitions: Clear definitions of key terms used throughout the document, particularly 'Claims', 'Released Parties', and 'Effective Date'

4. Consideration: Details of any payment or other consideration being provided in exchange for the release

5. Release: The core release provision detailing the scope of claims being released, including present and future claims

6. Representations and Warranties: Statements by the releasing party about their authority to grant the release and ownership of the claims being released

7. No Admission of Liability: Statement that the agreement and any payments do not constitute an admission of liability

8. Confidentiality: Obligations regarding the confidentiality of the agreement and its terms

9. Governing Law: Specification that German law governs the agreement and jurisdiction details

10. Execution: Signature blocks and date of execution

Optional Sections

1. Tax Matters: Include when the settlement involves significant monetary compensation requiring tax consideration

2. Future Cooperation: Include when parties need to specify ongoing obligations or cooperation after the release

3. Return of Property: Include when physical or intellectual property needs to be returned or transferred between parties

4. Non-Disparagement: Include when parties wish to prevent negative statements about each other

5. Severability: Include when parties want to ensure that if one provision is invalid, the rest of the agreement remains effective

6. Amendment Provisions: Include when parties want to specify how future modifications to the agreement should be handled

7. Insurance Claims: Include when insurance policies or claims are involved in the release

Suggested Schedules

1. Schedule A - Specific Claims: Detailed list of specific claims, disputes, or matters being released

2. Schedule B - Excluded Claims: List of any claims specifically excluded from the release

3. Schedule C - Payment Schedule: If applicable, detailed breakdown of payment terms and installments

4. Appendix 1 - Related Entities: List of all affiliated entities covered by the release

5. Appendix 2 - Referenced Documents: List of any agreements, contracts, or documents referenced in the release

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

Relevant legal definitions
Relevant Industries

Legal Services

Insurance

Banking and Financial Services

Manufacturing

Construction

Healthcare

Real Estate

Technology

Retail

Professional Services

Transportation and Logistics

Energy and Utilities

Relevant Teams

Legal

Compliance

Human Resources

Risk Management

Finance

Operations

Corporate Affairs

Executive Leadership

Administration

Insurance

Relevant Roles

Legal Counsel

Chief Legal Officer

Risk Manager

Compliance Officer

Human Resources Director

Chief Executive Officer

Chief Financial Officer

Claims Manager

Settlement Officer

Corporate Secretary

Operations Manager

Contract Administrator

Business Unit Director

General Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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