Amicable Agreement Template for Hong Kong

1. Non-Admission of Liability: Statement that the agreement does not constitute admission of liability by any party - useful in dispute settlements

2. Non-Disparagement: Mutual agreement not to make negative statements about other parties - important in high-profile or sensitive cases

3. Future Cooperation: Terms for ongoing relationship between parties - relevant when parties need to maintain business relations

4. Tax Implications: Statement about tax treatment of settlement amounts - necessary when significant financial settlements are involved

5. Insurance and Indemnification: Provisions regarding insurance coverage and indemnification - relevant when ongoing risks exist

6. Severability: Provision ensuring rest of agreement remains valid if part is found unenforceable - useful in complex agreements

7. Amendment Procedure: Process for making future changes to the agreement - important for long-term arrangements

1. Schedule 1 - Payment Terms: Detailed breakdown of any financial settlements, including payment schedules and methods

2. Schedule 2 - Action Items: Specific list of actions to be taken by each party with deadlines

3. Schedule 3 - Released Claims: Detailed list of specific claims being settled and released

4. Appendix A - Related Documents: Copies or references to relevant previous agreements or documents

5. Appendix B - Form of Release: Template for any formal releases to be executed

6. Appendix C - Confidentiality Terms: Detailed confidentiality obligations and procedures