General Release Of All Claims Agreement Template for England and Wales

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Key Requirements PROMPT example:

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."

Document background
A General Release Of All Claims Agreement is commonly used in England and Wales when parties wish to achieve a complete and final settlement of all actual and potential claims between them. This document is particularly valuable following disputes, commercial transactions, or employment terminations where parties seek to prevent future litigation. It provides comprehensive protection by releasing all claims, whether known or unknown at the time of signing, subject to certain statutory exceptions that cannot be waived under English law. The agreement typically includes specific details about the claims being released, any monetary consideration, and important carve-outs for future claims that cannot legally be released.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Contract: Common law principles governing formation, execution, and enforcement of contracts in England and Wales

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract and their rights under it

Limitation Act 1980: Statute setting out time limits within which different types of legal claims must be brought

Unfair Contract Terms Act 1977: Law regulating unfair terms in contracts, particularly exclusion and limitation clauses

Consumer Rights Act 2015: Legislation protecting consumer rights and regulating business-to-consumer contracts

Employment Rights Act 1996: Primary legislation governing employment rights when release involves employment matters

Equality Act 2010: Law protecting against discrimination and promoting equality in various contexts including contracts

Trade Union and Labour Relations (Consolidation) Act 1992: Legislation governing trade union rights and collective labor relations

Unfair Terms in Consumer Contracts Regulations 1999: Regulations protecting consumers against unfair standard terms in contracts

Civil Procedure Rules: Rules governing civil litigation in England and Wales, particularly relevant for Part 36 settlement offers

Data Protection Act 2018: UK's implementation of data protection standards, including UK GDPR requirements

Human Rights Act 1998: Legislation incorporating the European Convention on Human Rights into UK law

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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