Settlement Agreement And General Release Template for Pakistan

1. Employment Matters: Required when settlement involves employment relationship, including terms about resignation, references, and benefits

2. Intellectual Property Rights: Needed when settlement involves transfer or release of IP rights

3. Return of Property: Used when parties need to return documents, equipment, or other property

4. Continuing Obligations: Required when certain obligations survive the settlement

5. Non-Competition: Include when settlement involves business relationships and future competition concerns

6. Third Party Rights: Needed when settlement affects rights of third parties

7. Insurance Claims: Required when insurance companies are involved in the settlement

8. Court Approval: Include when settlement requires court validation or is part of ongoing litigation

9. Future Cooperation: Used when parties need to cooperate on specific matters post-settlement

1. Schedule A - Settlement Payment Details: Detailed breakdown of settlement amounts and payment schedule

2. Schedule B - Released Claims: Specific list of disputes, claims, and matters being settled

3. Schedule C - Form of Release: Standard form of release to be signed by relevant parties

4. Schedule D - Confidential Information: Definition and scope of confidential information covered

5. Schedule E - Property List: Inventory of any property to be returned or transferred

6. Appendix 1 - Related Proceedings: List of any legal proceedings being settled or withdrawn

7. Appendix 2 - Required Actions: Specific actions required to implement the settlement