General Liability Release Of Claims Template for Malaysia

1. Non-Disparagement: Include when parties wish to prevent negative statements about each other

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

3. Future Cooperation: Include when parties need to specify ongoing obligations or cooperation

4. Tax Implications: Include when the settlement involves significant monetary consideration with tax implications

5. Insurance Claims: Include when insurance claims or rights need to be addressed

6. Severability: Include when there's concern about the enforceability of specific provisions

7. Amendment: Include when parties want to specify process for future modifications

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

2. Schedule B - Excluded Claims: List of any claims specifically excluded from the release

3. Schedule C - Settlement Payment Details: Details of any settlement payment including amount, method, and timing

4. Appendix 1 - Related Proceedings: List of any legal proceedings or complaints covered by the release

5. Appendix 2 - Required Actions: List of specific actions required by either party to effectuate the release