Mutual Release And Termination Agreement Template for Malaysia

1. Confidentiality: Required when parties need to maintain confidentiality of the original agreement or termination terms

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

3. Tax Matters: Necessary when termination involves significant financial settlements or tax implications

4. Dispute Resolution: Include when parties want specific dispute resolution procedures for future disagreements

5. Return of Property: Required when physical or intellectual property needs to be returned or transferred

6. Further Assurance: Include when additional actions may be needed post-termination

7. Severability: Optional clause to ensure remainder of agreement survives if any part is found invalid

1. Schedule 1 - Original Agreement: Copy or details of the agreement(s) being terminated

2. Schedule 2 - Outstanding Obligations: List of any remaining obligations and how they will be settled

3. Schedule 3 - Settlement Payments: Details of any financial settlements, including payment terms and amounts

4. Schedule 4 - Property Transfer List: Inventory of any properties or materials to be returned or transferred

5. Schedule 5 - Surviving Provisions: List of specific provisions from the Original Agreement that will survive termination