Release And Waiver Of Claims Agreement Template for Hong Kong

1. Future Claims: Used when the release needs to explicitly address potential future claims that have not yet arisen

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

3. Non-Disparagement: Add when parties wish to include mutual obligations not to make negative statements about each other

4. Cooperation: Include when ongoing cooperation between parties is required for certain matters

5. Tax Implications: Add when the release involves significant monetary consideration requiring tax clarification

6. Survival: Used to specify which provisions survive the execution of the release

7. Assignment: Include when there's a need to address whether rights under the agreement can be assigned

8. Third Party Rights: Add when the release affects rights of third parties under the Contracts (Rights of Third Parties) Ordinance

9. Severability: Include when parties want to ensure partial enforceability if some provisions are found invalid

1. Schedule of Released Claims: Detailed list of specific claims, disputes, or matters being released

2. Schedule of Consideration: Detailed breakdown of any monetary or non-monetary consideration being provided

3. Schedule of Related Proceedings: List of any legal proceedings or potential proceedings covered by the release

4. Schedule of Excluded Claims: List of specific claims or rights that are not being released

5. Schedule of Required Actions: List of specific actions that must be taken by either party as part of the release

6. Appendix of Supporting Documents: Copies of relevant documents referenced in the agreement