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Full And Final Agreement
"I need a Full and Final Agreement to settle an intellectual property dispute with a software vendor in Singapore, including payment terms for a settlement amount of SGD 500,000 and provisions for the return of proprietary code by March 2025."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and circumstances leading to the settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Terms: Core settlement provisions including payment terms and timeline
5. Release and Waiver: Mutual release of claims and obligations
6. Confidentiality: Obligations regarding confidentiality of settlement terms
7. Governing Law: Specification of Singapore law as governing law
1. Non-disparagement: Provisions preventing parties from making negative statements about each other - typically used in high-profile or sensitive settlements
2. Return of Property: Provisions for returning company/personal property - used when physical or intellectual property needs to be returned
3. Tax Implications: Treatment of tax obligations - relevant for settlements involving significant monetary compensation
1. Schedule 1: Payment Schedule: Detailed breakdown of settlement payments and timeline
2. Schedule 2: List of Claims: Enumeration of all claims being settled
3. Appendix A: Related Documents: References to relevant agreements or documents being superseded or referenced
Authors
Payment Terms
Release and Discharge
Confidentiality
Non-Disparagement
Warranties and Representations
Governing Law
Dispute Resolution
Entire Agreement
Assignment
Severability
Costs and Expenses
Notice Requirements
Amendment
Tax Treatment
Return of Property
Further Assurance
Third Party Rights
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