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Confidential Settlement Agreement
1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Context of the dispute and reasons for settlement, written neutrally without admission of liability
3. Definitions: Definitions of key terms used throughout the agreement, including the scope of confidential information
4. Settlement Payment: Details of any financial settlement, including amount, payment method, and timing
5. Release and Waiver: Mutual release of claims and waiver of rights related to the settled matters
6. Confidentiality Obligations: Detailed provisions regarding confidentiality of the settlement and its terms
7. Permitted Disclosures: Circumstances under which confidential information may be disclosed
8. Non-Disparagement: Mutual agreements not to make negative statements about other parties
9. Tax and Costs: Responsibility for taxes and legal costs related to the settlement
10. Entire Agreement: Confirmation that this document represents the complete agreement between parties
11. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
12. Execution: Signature provisions and execution requirements
1. Discontinuance of Proceedings: Required if there are ongoing legal proceedings that need to be discontinued
2. Return of Property: Needed if there is physical or intellectual property to be returned or transferred
3. Employment Matters: Required if the settlement involves termination of employment or ongoing employment relationships
4. Third Party Rights: Needed if the settlement affects rights of parties not directly involved in the agreement
5. Ongoing Obligations: Required if there are continuing obligations beyond the settlement
6. Press Releases: Needed if public announcements about the settlement are contemplated
7. Insurance and Indemnities: Required if there are insurance claims or ongoing indemnity obligations
8. Regulatory Compliance: Needed if the settlement requires regulatory approvals or notifications
1. Settlement Payment Schedule: Detailed breakdown of payment amounts and dates if payment is to be made in installments
2. Form of Release: Standard form of release document if separate releases are required
3. List of Pending Proceedings: Details of all legal proceedings to be discontinued
4. Confidential Information: Detailed description of what constitutes confidential information
5. Form of Announcement: Agreed form of any public or internal announcements about the settlement
6. Related Agreements: List of any related agreements affected by or incorporated into the settlement
Authors
Affiliate
Background
Business Day
Claim
Confidential Information
Dispute
Effective Date
Group Companies
Intellectual Property Rights
Liability
Lost Profits
Material Breach
Parties
Payment Date
Permitted Disclosures
Professional Advisers
Related Persons
Released Claims
Released Parties
Settlement Amount
Settlement Payment
Settlement Period
Settling Parties
Subject Matter
Subsidiaries
Tax
Third Party
Working Hours
Recitals
Definitions
Settlement Terms
Payment
Release of Claims
Confidentiality
Non-Disclosure
Non-Disparagement
Warranties
Representations
Tax
Costs
Breach
Remedies
Severability
Entire Agreement
Amendment
Assignment
Notices
Force Majeure
Waiver
Further Assurance
Third Party Rights
Governing Law
Jurisdiction
Execution
Counterparts
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