Mutual Release Contract Template for Nigeria

1. Future Claims: Optional section addressing potential future claims - used when there's risk of future related disputes

2. Return of Property: Include when there are physical or intellectual property items to be returned

3. Non-Disparagement: Add when parties wish to prevent negative statements about each other

4. Survival: Include when certain provisions need to survive the release

5. Tax Implications: Add when the release involves significant monetary consideration or tax consequences

6. Insurance: Include when insurance claims or policies are relevant to the release

7. Third Party Rights: Add when the release affects rights of parties not directly involved in the agreement

1. Schedule A - Released Claims: Detailed list of specific claims being released

2. Schedule B - Payment Terms: Details of any monetary consideration and payment arrangements

3. Schedule C - Related Proceedings: List of any legal proceedings being terminated

4. Appendix 1 - Related Agreements: Copies or references to agreements affected by the release

5. Appendix 2 - Corporate Authorizations: Required corporate approvals or resolutions for executing the release