Claim And Release Form Template for India

1. Confidentiality: Used when parties want to keep the settlement terms confidential

2. Non-Disparagement: Include when parties want to prevent negative statements about each other

3. Ongoing Obligations: Required when certain obligations continue past the release

4. Return of Property: Include when there is physical or intellectual property to be returned

5. Tax Implications: Add when the settlement amount has significant tax consequences that need to be addressed

6. Severability: Include in complex releases to ensure partial invalidity doesn't void the entire agreement

7. No Admission of Liability: Optional clause stating that the settlement doesn't constitute admission of wrongdoing

1. Schedule A - Claim Details: Detailed description of the claim being released, including relevant documents and evidence

2. Schedule B - Settlement Payment Terms: Detailed breakdown of payment amounts, method, and timing if the settlement involves installments

3. Schedule C - Related Claims: List of any related or potential claims being released

4. Appendix 1 - Supporting Documents: Copies of relevant documents referenced in the release

5. Appendix 2 - Proof of Authority: Documents proving authority to execute the release (if signing on behalf of entity)