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Mediation Settlement Agreement
"I need a Mediation Settlement Agreement for a commercial property dispute between two companies, with a settlement sum of £500,000 to be paid in three installments, and specific confidentiality provisions to protect both parties' business interests."
1. Parties: Details of all parties to the settlement agreement
2. Background: Context of the dispute and mediation process
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core terms of the settlement including payments, actions, and timelines
5. Confidentiality: Obligations regarding confidentiality of the settlement
6. Release of Claims: Mutual release of claims related to the dispute
7. Governing Law: Specification of applicable law and jurisdiction
1. Non-admission of Liability: Statement that settlement does not constitute admission of liability
2. Tax Implications: Treatment of settlement payments for tax purposes
3. Non-disparagement: Mutual agreements not to disparage other parties
4. Future Cooperation: Terms for ongoing relationship between parties
1. Payment Schedule: Detailed breakdown of settlement payments and timeline
2. Deed of Release: Formal release of claims document
3. Original Dispute Documents: Reference copies of relevant dispute documents
4. Action Items: List of specific actions to be taken by parties with deadlines
Authors
Background Information
Business Day
Claim
Completion Date
Confidential Information
Dispute
Effective Date
Mediator
Mediation
Mediation Date
Original Proceedings
Parties
Released Claims
Settlement Payment
Settlement Sum
Settlement Terms
Working Day
Without Prejudice Communications
Completion
Governing Law
Legal Representatives
Mediation Agreement
Payment Date
Related Parties
Release
Representatives
Settlement Terms
Payment Obligations
Release of Claims
Confidentiality
Non-admission of Liability
Mutual Release
Implementation
Costs
Tax Treatment
Non-disparagement
Entire Agreement
Further Assurance
Severability
Variation
Assignment
Third Party Rights
Notices
Counterparts
Governing Law and Jurisdiction
Authority to Settle
Binding Effect
Warranties
Breach of Settlement
Enforcement
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