Business Settlement Agreement Template for India

1. Non-Compete Provisions: Restrictions on competitive activities, used when settlement involves business competitors

2. Intellectual Property Rights: Provisions dealing with IP ownership and rights, used when settlement involves IP disputes

3. Third Party Rights: Provisions affecting or excluding rights of third parties, used when settlement impacts other entities

4. Tax Implications: Specific provisions about tax treatment and responsibilities, used when settlement has significant tax consequences

5. Regulatory Compliance: Special provisions ensuring compliance with specific regulations, used in regulated industries

6. Future Cooperation: Terms for ongoing business relationship, used when parties plan to continue working together

7. Insurance and Indemnification: Special provisions for insurance coverage and indemnification, used in high-risk settlements

8. Publicity and Announcements: Rules for public communications about the settlement, used in high-profile cases

1. Schedule A - Settlement Payment Details: Detailed breakdown of settlement amounts, payment schedules, and banking details

2. Schedule B - Released Claims: Comprehensive list of claims being settled and released

3. Schedule C - Existing Agreements: List of any existing agreements affected by or incorporated into the settlement

4. Schedule D - Assets or Properties: Details of any assets or properties involved in the settlement

5. Appendix 1 - Required Corporate Authorizations: Copies of board resolutions or other corporate authorizations

6. Appendix 2 - Form of Release: Template for any additional release documents required

7. Appendix 3 - Compliance Documents: Any regulatory or compliance-related documents referenced in the agreement

8. Appendix 4 - Timeline of Actions: Detailed timeline for implementation of settlement terms