Mutual Release Of Claims Template for Hong Kong

1. Non-Admission of Liability: Optional clause stating that the release does not constitute an admission of liability by either party. Include when specifically requested by parties or in disputed matters

2. Return of Property: Include when there is physical or intellectual property that needs to be returned as part of the settlement

3. Non-Disparagement: Include when parties wish to prevent negative statements about each other after the release

4. Cooperation: Include when parties need to cooperate on specific matters after the release, such as public announcements

5. Tax Matters: Include when the release involves payments that may have tax implications

6. Insurance: Include when insurance policies or claims are relevant to the release

7. Future Claims: Optional provisions dealing with claims that may arise in the future. Include when parties want to address potential future claims

1. Schedule 1 - Specific Claims Being Released: Detailed list of specific claims, disputes, or matters being released, if any specific claims need to be enumerated

2. Schedule 2 - Excluded Claims: List of any specific claims or rights that are explicitly not being released

3. Schedule 3 - Related Entities: List of affiliated entities, subsidiaries, or other related parties covered by the release

4. Appendix A - Supporting Documents: Copies of any relevant documents referenced in the release or necessary for context