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General Release Of All Claims Agreement
"I need a General Release of All Claims Agreement to settle an ongoing commercial dispute with my former business partner, including the release of all intellectual property claims and a confidentiality clause, with settlement to be completed by March 2025."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context of the dispute or circumstances leading to the release
3. Definitions: Key terms used throughout the agreement
4. Release Provisions: Specific claims being released and scope of the release
5. Consideration: Details of payment or other consideration for the release
6. Warranties: Confirmations from parties regarding their authority and understanding
7. Governing Law: Specification of England and Wales as governing law
1. Confidentiality: Used when parties wish to keep the settlement terms private - recommended for sensitive commercial or personal matters
2. Non-disparagement: Prevents parties from making negative statements about each other - recommended for high-profile or contentious disputes
3. Tax Indemnity: Addresses tax implications of any payments - recommended when significant monetary compensation is involved
4. Future Cooperation: Obligations regarding future assistance or testimony - recommended when ongoing legal proceedings may require party cooperation
1. Schedule of Claims: Detailed list of specific claims being released
2. Payment Schedule: If payments are to be made in installments
3. Related Agreements: Copies of any referenced agreements being terminated or modified
4. Excluded Claims: List of claims specifically excluded from the release
Authors
Claims
Consideration
Effective Date
Known Claims
Unknown Claims
Parties
Releasor
Releasee
Released Matters
Released Parties
Releasing Parties
Dispute
Settlement Amount
Subject Matter
Confidential Information
Business Day
Affiliates
Representatives
Related Persons
Excluded Claims
Surviving Claims
Consequential Loss
Direct Loss
Warranties
Release and Discharge
Consideration
Warranties and Representations
Confidentiality
Non-Disparagement
Further Assurance
Entire Agreement
Severability
Waiver
Assignment
Third Party Rights
Notices
Governing Law and Jurisdiction
Tax Treatment
Indemnification
Acknowledgments
Cooperation
Non-Admission of Liability
Costs
Counterparts
Amendment
Authority to Execute
Time of Essence
Exclusions from Release
Return of Property
Survival
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