Commercial Settlement Agreement Template for Ireland

1. Non-Admission of Liability: Used when a party wishes to explicitly state that the settlement does not constitute admission of liability

2. Non-Disparagement: Include when parties agree not to make negative statements about each other

3. Future Cooperation: When parties need to specify ongoing obligations or cooperation requirements

4. Insurance and Indemnity: Include when there are specific insurance requirements or indemnification provisions

5. Variation: Include when specific requirements for varying the agreement need to be set out

6. Severability: Include when there's a need to ensure partial invalidity doesn't affect the whole agreement

7. Third Party Rights: Include when rights of third parties need to be addressed or excluded

8. Announcements: Include when public statements about the settlement need to be regulated

1. Settlement Payment Schedule: Details of payment amounts, dates, and methods if payments are to be made in installments

2. Claims Being Settled: Detailed list of all claims, proceedings, or disputes being settled

3. Required Actions: Specific actions required by either party as part of the settlement

4. Form of Release: Standard form release document if separate releases are required

5. Related Agreements: Copies of any related agreements referenced in the main agreement

6. Agreed Announcements: Any pre-agreed public statements or press releases about the settlement