Settlement Agreement And Release Template for Ireland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Settlement Agreement And Release

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Settlement Agreement And Release

"I need an Irish law Settlement Agreement and Release for a senior executive's departure by mutual agreement, including provisions for share options and a 12-month non-compete clause, with the termination date set for March 1, 2025."

Document background
A Settlement Agreement and Release under Irish law is a crucial document used when an employer and employee wish to formally resolve employment-related disputes or agree to terminate their employment relationship on mutually agreed terms. This document is particularly relevant in situations involving redundancies, performance issues, workplace disputes, or when parties wish to amicably conclude their employment relationship while preventing future claims. The agreement must comply with specific Irish legal requirements, including the necessity for the employee to receive independent legal advice, and typically includes provisions for financial settlement, confidentiality obligations, tax treatment, and comprehensive releases. It serves as a full and final settlement of all claims between the parties, providing legal certainty and protection for both the employer and employee.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including the employer and employee

2. Background: Sets out the context of the dispute or circumstances leading to the settlement

3. Definitions: Defines key terms used throughout the agreement

4. Settlement Terms: Details the settlement sum and any other consideration being provided

5. Payment Terms: Specifies the timing, method, and conditions of settlement payments

6. Tax Indemnity: Addresses tax treatment of payments and related indemnities

7. Release and Waiver: Comprehensive release of claims and waiver of rights

8. Employee Warranties: Employee's confirmations regarding claims and circumstances

9. Company Warranties: Company's confirmations and commitments

10. Confidentiality: Obligations regarding confidentiality of the agreement and its terms

11. Return of Property: Requirements for returning company property and documents

12. Legal Advice: Confirmation of independent legal advice received by the employee

13. Entire Agreement: Confirms the agreement represents the entire understanding between parties

14. Governing Law and Jurisdiction: Specifies Irish law as governing law and Irish courts' jurisdiction

Optional Sections

1. Post-Termination Restrictions: Reaffirmation or modification of existing restrictive covenants, used when post-employment restrictions are relevant

2. Reference: Terms regarding the provision of employment references, included when agreed as part of settlement

3. Ongoing Cooperation: Requirements for future cooperation in legal or business matters, used when continued assistance may be needed

4. Share Arrangements: Provisions regarding company shares or share options, included when employee holds company shares

5. Insurance and Benefits: Continuation or termination of insurance and benefits, used when specific benefit arrangements are part of settlement

6. Announcement: Terms regarding internal/external communications about the settlement, included when public/internal announcements are needed

7. Garden Leave: Provisions regarding any garden leave period, used when applicable to the termination arrangement

8. Legal Costs: Provisions regarding payment of legal costs, included when employer is contributing to employee's legal fees

Suggested Schedules

1. Schedule 1 - Payment Details: Detailed breakdown of settlement payments and their tax treatment

2. Schedule 2 - Claims: Comprehensive list of statutory and contractual claims being settled

3. Schedule 3 - Company Property: Itemized list of company property to be returned

4. Schedule 4 - Agreed Reference: Form of agreed employment reference, if applicable

5. Schedule 5 - Announcement: Agreed form of any internal or external announcements

6. Appendix 1 - Adviser's Certificate: Independent legal adviser's certification as required by law

7. Appendix 2 - Resignation Letter: Form of resignation letter if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Healthcare

Professional Services

Education

Construction

Telecommunications

Media

Pharmaceutical

Energy

Transport and Logistics

Real Estate

Hospitality

Relevant Teams

Human Resources

Legal

Finance

Operations

Executive Leadership

Compliance

Risk Management

Payroll

Industrial Relations

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Director

Senior Manager

Middle Manager

Human Resources Manager

Department Head

Team Leader

Senior Executive

Professional Staff

Administrative Staff

Technical Specialist

Sales Representative

Operations Manager

Project Manager

General Counsel

Finance Manager

Regional Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Motor Vehicle Accident Settlement Agreement

An Irish law-governed agreement that settles claims arising from a motor vehicle accident, establishing compensation terms and mutual release of claims.

find out more

Full And Final Settlement Agreement Divorce

An Irish law-governed divorce settlement agreement that comprehensively addresses all aspects of marriage dissolution including financial, property, and family arrangements.

find out more

Agreement To Settle Car Accident

An Irish law-compliant agreement for settling all claims arising from a motor vehicle accident, including damages, injuries, and related costs.

find out more

Accident Settlement Agreement

An Irish law-governed agreement that documents the settlement terms and conditions between parties involved in a personal injury claim, including compensation and release of liability.

find out more

Motor Accident Private Settlement Agreement

An Irish law-governed agreement for private settlement of motor vehicle accident claims between involved parties and their insurers.

find out more

Binding Financial Agreement Property Settlement

An Irish law-governed agreement that formally documents the division of property and financial assets between separating parties, ensuring legal compliance and enforceability.

find out more

Mutual Settlement Agreement

An Irish law-governed agreement that documents the formal resolution of disputes between parties, including settlement terms and mutual releases.

find out more

Constructive Dismissal Settlement Agreement

An Irish law agreement settling a constructive dismissal claim between employer and employee, including settlement terms and mutual obligations.

find out more

Unfair Dismissal Settlement Agreement

An Irish law-governed agreement settling unfair dismissal claims between employer and employee, including settlement terms and mutual releases.

find out more

Tripartite Settlement Agreement

An Irish law-governed agreement between three parties to settle disputes or claims, establishing legally binding settlement terms and mutual obligations.

find out more

Settlement Agreement Between Landlord And Tenant

An Irish law-governed agreement that documents the resolution of disputes between landlords and tenants, including settlement terms and mutual releases.

find out more

Separation And Settlement Agreement

An Irish law-governed agreement that formalizes separation terms between spouses, including asset division, financial arrangements, and related matters.

find out more

Redundancy Agreement

An Irish law-governed agreement that formalizes an employee's redundancy terms, including statutory payments and additional benefits.

find out more

General Mutual Release Agreement

An Irish law-governed agreement enabling parties to mutually release each other from specified claims and potential legal actions.

find out more

Divorce Financial Consent Order

An Irish court order that legally formalizes the financial settlement between divorcing spouses under Irish family law.

find out more

Voluntary Redundancy Settlement Agreement

An Irish law-governed agreement documenting terms and conditions of voluntary redundancy, including payments, benefits, and mutual obligations between employer and employee.

find out more

Estate Family Settlement Agreement

An Irish law agreement that formalizes arrangements between family members for the distribution of a deceased person's estate, resolving potential disputes and providing clear asset allocation.

find out more

Divorce Property Division Agreement

An Irish law-governed agreement documenting the division of property and assets between divorcing spouses, including real estate, financial assets, and liabilities.

find out more

Divorce Agreement

An Irish law-governed agreement detailing the complete settlement terms between divorcing spouses, including property division, financial arrangements, and related provisions.

find out more

Collision Settlement Agreement

An Irish law agreement that documents the final settlement terms between parties involved in a vehicle collision, including compensation and mutual releases.

find out more

Car Settlement Agreement

An Irish law agreement that resolves disputes or claims related to vehicle transactions, establishing settlement terms and releases between involved parties.

find out more

Reaffirmation Settlement Agreement

An Irish law-governed agreement where a party formally recommits to an existing obligation or debt, typically including modified terms and payment schedules.

find out more

Bullying Settlement Agreement

An Irish law-governed settlement agreement resolving workplace bullying claims between employer and employee, including compensation terms and mutual obligations.

find out more

Personal Injury Settlement Agreement

An Irish law agreement documenting the final settlement of a personal injury claim, including compensation terms and mutual releases between injured party and respondent.

find out more

Mortgage Settlement Agreement

An Irish law-governed agreement between lender and borrower(s) establishing terms for mortgage settlement or restructuring, aligned with Irish financial regulations.

find out more

Mediated Agreement

An Irish law-governed agreement documenting terms reached through formal mediation, establishing legally binding obligations between parties under the Mediation Act 2017.

find out more

Auto Accident Settlement And Release Agreement

An Irish law-governed agreement that settles claims arising from a motor vehicle accident, including compensation terms and release of future claims.

find out more

Grievance Settlement Agreement

An Irish law-governed agreement that formally settles workplace grievances between employer and employee, detailing settlement terms and mutual obligations.

find out more

Non Compromise Agreement

An Irish law-governed agreement that establishes contractual obligations between parties without settling disputes, defining clear terms and conditions for business relationships.

find out more

Global Resolution Agreement

An Irish law-governed agreement that comprehensively resolves all disputes between parties, providing a complete settlement framework and mutual releases.

find out more

General Mutual Release

An Irish law-governed agreement where parties mutually release each other from all claims and liabilities, providing a clean break and prevention of future litigation.

find out more

Consultant Settlement Agreement

An Irish law-governed agreement that formalizes the termination of a consulting engagement, including settlement terms, releases, and post-termination obligations.

find out more

Reverse Payment Agreement

An Irish law-governed agreement between pharmaceutical companies settling patent disputes through delayed generic entry arrangements, subject to EU competition regulations.

find out more

Lease Settlement Agreement

An Irish law-governed agreement that documents the mutually agreed termination of a lease, including settlement terms and mutual releases between landlord and tenant.

find out more

Probate Settlement Agreement

An Irish law-governed agreement that settles disputes relating to estate distribution and administration, formalizing arrangements between beneficiaries and estate representatives.

find out more

Ex Gratia Payment Settlement Agreement

An Irish law agreement documenting voluntary payments from employer to employee, including settlement terms and mutual releases.

find out more

Private Settlement Agreement For Car Accident

An Irish law-governed agreement that settles claims between parties involved in a car accident, outlining compensation terms and mutual releases.

find out more

Post Settlement Agreement

An Irish law-governed agreement documenting the terms and conditions of a settlement reached between parties following dispute resolution.

find out more

Voluntary Divorce Agreement

An Irish law-governed agreement documenting mutually agreed divorce terms between spouses, including asset division, financial arrangements, and family matters.

find out more

Personal Settlement Agreement

An Irish law-governed agreement between employer and employee that settles employment disputes or terminates employment relationships with mutually agreed terms and waivers.

find out more

Money Settlement Agreement

An Irish law-governed agreement that documents the terms and conditions of a monetary settlement between parties, including payment terms and release of claims.

find out more

Fraud Settlement Agreement

An Irish law-governed agreement that documents the settlement terms and conditions between parties resolving fraud-related claims.

find out more

Family Arrangement Agreement

An Irish law-governed agreement that formalizes arrangements between family members regarding assets, responsibilities, and obligations.

find out more

Intercompany Settlement Agreement

An Irish law-governed agreement establishing terms and procedures for financial settlements between related companies within a corporate group.

find out more

Insurance Settlement Agreement

An Irish law-governed agreement documenting the settlement terms between an insurer and claimant, finalizing the resolution of an insurance claim.

find out more

Interim Settlement Agreement

An Irish law-governed temporary agreement establishing provisional terms for dispute resolution while parties work toward a final settlement.

find out more

Financial Settlement Agreement

An Irish law-governed agreement that documents and finalizes financial settlement terms between parties, ensuring legal certainty and compliance with Irish regulatory requirements.

find out more

Defamation Settlement Agreement

An Irish law-governed agreement that settles a defamation dispute, outlining compensation, retractions, and mutual obligations between parties.

find out more

Separation Settlement Agreement

An Irish law-compliant agreement documenting the terms and conditions of separation between spouses or civil partners, covering financial, property, and personal arrangements.

find out more

Maintenance Settlement Agreement

An Irish law agreement establishing legally binding maintenance payment terms between parties, typically following relationship dissolution or separation.

find out more

Redundancy Settlement Agreement

An Irish law agreement that sets out redundancy terms, payments, and mutual obligations between employer and employee, including waivers of claims.

find out more

Car Accident Settlement Agreement

An Irish law-governed agreement that documents the settlement terms and conditions between parties involved in a motor vehicle accident, including compensation and releases.

find out more

Separation And Property Settlement Agreement

An Irish law-governed agreement establishing terms for legal separation, including property division and financial settlements between separating spouses or civil partners.

find out more

Mutual Release Of Claims

An Irish law-governed agreement where parties mutually release each other from existing and potential claims, providing a comprehensive settlement of disputes.

find out more

Legal Settlement Agreement

An Irish law-governed agreement documenting dispute resolution terms and mutual obligations between parties to settle legal claims.

find out more

Global Settlement Agreement

An Irish law-governed agreement that provides a comprehensive resolution of all disputes between multiple parties, typically involving cross-border elements.

find out more

Pre Divorce Agreement

An Irish law agreement setting out agreed terms between separating spouses prior to divorce proceedings, covering asset division, maintenance, and family arrangements.

find out more

Non Disclosure Settlement Agreement

An Irish law agreement combining settlement terms and confidentiality obligations to resolve employment matters while protecting sensitive information.

find out more

Mutual Release And Settlement Agreement

An Irish law-governed agreement that documents the mutual settlement of disputes between parties, including releases, payment terms, and associated obligations.

find out more

Full And Final Settlement Agreement

An Irish law-governed agreement that provides a complete settlement of all claims between employer and employee, typically used for employment termination or dispute resolution.

find out more

Marital Settlement Agreement

An Irish law-governed agreement detailing the complete terms of a divorce settlement, including asset division, financial arrangements, and family matters.

find out more

Divorce Property Settlement Agreement

An Irish law-governed agreement detailing the division of property and assets between divorcing spouses, designed to be incorporated into divorce proceedings.

find out more

Distributor Settlement Agreement

An Irish law-governed agreement that formalizes the termination of a distribution relationship and sets out settlement terms between a supplier/manufacturer and distributor.

find out more

Construction Settlement Agreement

An Irish law-governed agreement that documents the settlement terms and conditions for resolving disputes between parties involved in construction projects.

find out more

Compromise Agreement

An Irish law settlement agreement documenting employment termination terms and mutual obligations between employer and employee.

find out more

Trust Settlement Agreement

An Irish law-governed agreement establishing a trust arrangement, defining trustee powers, beneficiary rights, and trust administration procedures.

find out more

Commercial Settlement Agreement

An Irish law-governed agreement that documents the settlement terms between commercial parties to resolve business disputes, including payment terms and mutual releases.

find out more

Settlement Agreement And Release

An Irish law-governed agreement that formally settles employment disputes and terminates employment relationships, including mutual releases and settlement terms.

find out more

Family Settlement Agreement

An Irish law-governed agreement that formalizes arrangements between family members regarding the distribution and management of family assets, property, and obligations.

find out more

Divorce Settlement Agreement

An Irish law-governed agreement documenting the complete terms of a divorce settlement, including asset division, financial arrangements, and family matters.

find out more

Property Settlement Agreement

An Irish law-governed agreement that formally documents the terms and conditions for settling property interests between parties, ensuring legal compliance and clarity in property transfer arrangements.

find out more

Property Separation Agreement

An Irish law-governed agreement that formally documents the division of property between separating parties, establishing legally binding arrangements for property allocation and transfer.

find out more

Mutual Divorce Agreement

An Irish law-compliant agreement documenting mutually agreed terms of divorce between spouses, covering property division, financial settlements, and related arrangements.

find out more

Employment Settlement Agreement

An Irish law-governed agreement that formally settles and terminates an employment relationship, including settlement terms and mutual obligations.

find out more

Debt Settlement Agreement

An Irish law-governed agreement establishing terms for settling outstanding debt obligations between debtor and creditor(s), including payment schedule and settlement conditions.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.