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Settlement Agreement And General Release
"I need a Settlement Agreement and General Release to resolve an intellectual property dispute with a former employee, including confidentiality provisions and a payment schedule for a settlement amount of SGD 250,000 to be paid by March 2025."
1. Parties: Identification and details of all parties to the settlement
2. Background/Recitals: Context of the dispute and reasons for settlement
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core settlement amounts, payment terms, and conditions
5. Release Provisions: Mutual release of claims and liabilities
6. Confidentiality: Terms regarding non-disclosure of settlement details
7. Governing Law: Specification of Singapore law as governing law
8. Execution: Signature blocks and execution formalities
1. Non-Admission: Statement that settlement does not constitute admission of liability
2. Non-Disparagement: Provisions preventing parties from making negative statements
3. Tax Provisions: Treatment of settlement payments for tax purposes
4. Return of Property: Provisions for returning documents or property
5. Future Cooperation: Terms regarding ongoing obligations or cooperation
1. Payment Schedule: Detailed breakdown of settlement payments and timing
2. Release Documentation: Forms or notices required to implement the release
3. List of Claims: Detailed list of claims being settled
4. Related Agreements: Copies of any referenced agreements or documents
5. Property Schedule: List of any property to be returned or transferred
Authors
Effective Date
Settlement Amount
Settlement Payment
Parties
Claims
Dispute
Released Claims
Released Parties
Releasing Parties
Confidential Information
Governing Law
Business Day
Related Entities
Affiliate
Representatives
Material Breach
Settlement Date
Dispute Period
Underlying Agreement
Subject Matter
Consideration
Execution Date
Payment Date
Relevant Period
Surviving Provisions
Permitted Disclosures
Authorized Representatives
Losses
Intellectual Property Rights
Definitions
Settlement Terms
Payment
Release
Indemnification
Confidentiality
Non-Admission
Non-Disparagement
Representations and Warranties
Covenants
Further Assurance
Tax Treatment
Assignment
Severability
Entire Agreement
Amendment
Waiver
Notice
Force Majeure
Counterparts
Costs
Governing Law
Dispute Resolution
Third Party Rights
Return of Property
Cooperation
Survival
Authority
Execution
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