Personal Settlement Agreement Template for Hong Kong

1. Non-Disparagement: Includes mutual obligations not to make negative statements about other parties - useful in high-profile or sensitive settlements

2. Return of Property: Specifies arrangements for returning any property or documents - relevant when physical items or sensitive information are involved

3. Future Cooperation: Outlines any ongoing obligations for cooperation between parties - useful in complex matters requiring continued interaction

4. Non-Admission of Liability: Explicitly states that the settlement does not constitute admission of liability - important in disputed claims

5. Reference Provision: Sets terms for future references - particularly relevant in employment-related settlements

6. Variation: Specifies how the agreement can be modified - useful in complex settlements that might need future adjustment

7. Severability: Ensures survival of agreement if certain provisions are found invalid - important in complex settlements

1. Payment Schedule: Detailed breakdown of settlement payments, including amounts, dates, and payment methods

2. Released Claims: Comprehensive list of specific claims being settled and released

3. Settlement Sum Calculation: Detailed calculation of settlement amounts, including any deductions or adjustments

4. Deed of Release: Formal deed releasing specific claims or rights

5. Form of Announcement: Agreed format for any public or internal announcements about the settlement

6. List of Returned Items: Inventory of any property or documents to be returned as part of settlement