Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Legal Settlement Agreement
1. Parties: Identifies and defines all parties to the settlement agreement, including their legal status and contact details
2. Background: Outlines the dispute or circumstances leading to the settlement, including relevant dates and key events
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Settlement Terms: Details the core settlement provisions, including any payments, actions, or obligations agreed upon
5. Release of Claims: Specifies which claims are being settled and released by each party
6. Confidentiality: Sets out obligations regarding the confidentiality of the settlement terms and related information
7. Tax Implications: Addresses responsibility for any tax consequences arising from the settlement
8. Governing Law and Jurisdiction: Confirms Danish law as governing law and specifies jurisdiction for any disputes
9. Entire Agreement: Confirms that the settlement agreement represents the entire agreement between the parties
10. Execution: Details how the agreement will be signed and when it becomes effective
1. Non-disparagement: Includes mutual obligations not to make negative statements about other parties - used in sensitive or public-facing disputes
2. Future Cooperation: Outlines any ongoing business relationship or cooperation - relevant when parties will continue to interact
3. Insurance Provisions: Addresses insurance aspects of the settlement - used when insurance companies are involved
4. Regulatory Compliance: Includes specific regulatory requirements - needed when settlement involves regulated industries
5. Third Party Rights: Addresses rights of third parties affected by the settlement - used when settlement impacts non-parties
6. Interim Arrangements: Details temporary arrangements pending full implementation - used for complex settlements with phased implementation
1. Schedule 1 - Payment Terms: Detailed breakdown of settlement payments, including amounts, dates, and payment methods
2. Schedule 2 - Released Claims: Comprehensive list of specific claims being released through the settlement
3. Schedule 3 - Implementation Timeline: Timeline for implementing various settlement terms and obligations
4. Appendix A - Related Documents: Copies of relevant agreements, court documents, or other referenced materials
5. Appendix B - Form of Release: Standard form for executing releases required under the settlement
6. Appendix C - Compliance Documents: Any required regulatory or compliance documentation
Authors
Affiliate
Business Day
Claims
Confidential Information
Dispute
Effective Date
Encumbrance
Force Majeure
Intellectual Property Rights
Losses
Material Adverse Effect
Parties
Related Persons
Released Claims
Released Parties
Settlement Amount
Settlement Payment
Settlement Period
Settlement Terms
Subject Matter
Tax
Third Party
Working Hours
Original Agreement
Governing Law
Jurisdiction
Relevant Period
Representatives
Underlying Dispute
Settlement Terms
Payment Obligations
Release of Claims
Confidentiality
Non-Admission of Liability
Representations and Warranties
Tax Provisions
Costs and Expenses
Further Assurance
Non-Disparagement
Waiver
Severability
Amendment
Assignment
Notices
Force Majeure
Third Party Rights
Counterparts
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Implementation
Compliance with Laws
Indemnification
Insurance
Authority
No Waiver
Binding Effect
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.