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Consultant Settlement Agreement
"I need a Consultant Settlement Agreement to terminate a technology consultancy arrangement with immediate effect, including provisions for final payment of £50,000 and strict confidentiality obligations regarding the AI project they were working on."
1. Parties: Identification of the contracting parties including company details and registered addresses
2. Background: Context of the consultancy relationship and reasons for settlement
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core financial and non-financial terms of the settlement
5. Tax Indemnity: Provisions regarding tax treatment of payments and related indemnities
6. Confidentiality: Ongoing obligations regarding confidential information
7. Release of Claims: Mutual release of claims between parties
8. Governing Law: Specification of applicable law and jurisdiction
1. Intellectual Property: IP rights transfer or retention - include when IP was created during consultancy
2. Post-Termination Restrictions: Non-compete and non-solicitation provisions - include when protecting business interests is crucial
3. Reference: Terms of future references - include when agreed as part of settlement
4. Return of Property: Process for returning company property - include when consultant holds company assets
5. Announcements: Agreed internal/external communications - include for high-profile consultants
1. Schedule 1 - Payment Terms: Detailed breakdown of settlement payments
2. Schedule 2 - Claims Being Settled: Comprehensive list of claims being waived
3. Schedule 3 - Company Property: List of items to be returned by the consultant
4. Appendix 1 - Legal Adviser's Certificate: Confirmation of independent legal advice
5. Appendix 2 - Reference: Agreed form of reference
Authors
Business Day
Claim
Claims
Company
Confidential Information
Consultant
Consultancy Agreement
Consultancy Fee
Consultancy Services
Effective Date
Group
Group Company
Intellectual Property Rights
Legal Adviser
Parties
Project
Settlement Payment
Settlement Sum
Services
Tax
Termination Date
VAT
Adviser's Certificate
Client
Completion Date
Company Property
Dispute
Material
Professional Indemnity Insurance
Reference
Restricted Business
Restricted Client
Restricted Period
Trade Secrets
Working Hours
Definitions
Settlement Terms
Payment Provisions
Tax Treatment
Release of Claims
Warranties
Confidentiality
Intellectual Property
Data Protection
Non-Disparagement
Post-Termination Restrictions
Return of Property
Announcements
Legal Costs
Independent Legal Advice
Severability
Entire Agreement
Third Party Rights
Variation
Waiver
Notices
Counterparts
Governing Law and Jurisdiction
Reference Provision
Insurance
Company Property
Assignment
Further Assurance
Continuing Obligations
Surviving Terms
Force Majeure
Alternative Dispute Resolution
Professional Indemnity
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