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General Mutual Release
"I need a General Mutual Release agreement between my software development company and a former client to settle ongoing disputes about a failed IT project, ensuring all future claims are barred and including specific provisions about confidentiality of project details."
1. Parties: Identification and details of all parties to the release
2. Background: Context of the dispute or claims being released
3. Definitions: Key terms used throughout the document
4. Release Provisions: Core mutual release language and scope
5. Consideration: Statement of consideration being exchanged
6. Governing Law: Specification of England and Wales as governing law
1. Non-Admission of Liability: Statement that release does not constitute admission of liability - used when parties want to explicitly deny liability while settling
2. Confidentiality: Provisions regarding confidentiality of the release and its terms - used when parties wish to keep terms private
3. Non-Disparagement: Provisions preventing parties from making negative statements - used in high-profile or sensitive disputes
4. Severability: Provisions for maintaining validity if parts are found unenforceable - recommended for complex releases with multiple provisions
1. Schedule of Released Claims: Detailed list of specific claims being released
2. Schedule of Excluded Claims: List of claims specifically excluded from the release
3. Payment Schedule: Details of any payments or consideration exchanges if settlement involves payments
Authors
Agreement
Effective Date
Claims
Released Claims
Released Matters
Releasor
Releasee
Released Parties
Consideration
Dispute
Losses
Liabilities
Obligations
Causes of Action
Confidential Information
Representatives
Affiliates
Business Day
Law
Proceedings
Rights
Known Claims
Unknown Claims
Related Persons
Subject Matter
Territory
Working Hours
Consideration
Confidentiality
Non-Disparagement
Representations and Warranties
Covenant Not to Sue
Indemnification
Unknown Claims
Authority to Execute
No Admission of Liability
Binding Effect
Entire Agreement
Severability
Amendment
Waiver
Assignment
Third Party Rights
Further Assurance
Notices
Costs
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Survival
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