All Templates
Remove mortgages & charges on asset
💾 Asset release agreement
Deed of Release (Standard Form)
Deed of Release (Standard Form)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useContract party
Relevant sectors
Type of legal document
💾 Asset release agreementBusiness activity
Remove mortgages & charges on assetAn asset release agreement is a legal document that outlines the terms of an agreement between two parties for the release of assets. The agreement outlines the assets to be released, the parties involved in the release, and the terms and conditions of the asset release.
A Deed of Release (Standard Form) under UK law is a legal document that serves as a formal agreement between two parties, typically an employer and an employee, to legally and irrevocably terminate their relationship and settle any outstanding disputes or claims arising from that relationship. It outlines the terms and conditions upon which the parties agree to release one another from any further obligations or liabilities.
This document encompasses a comprehensive release of all claims, known or unknown, that either party may have against the other. It typically covers various aspects such as termination of employment, unpaid wages, contractual obligations, severance pay, confidentiality provisions, non-compete clauses, intellectual property rights, and non-disparagement clauses.
The Deed of Release is primarily used in the context of employment termination, ensuring both parties mutually agree to end their relationship on amicable terms while safeguarding their rights and mitigating any potential future disputes. By signing this legally binding document, the parties typically waive their rights to pursue any claims, grievances, or legal actions against each other in the future, providing a sense of closure and finality.
It is important to note that a Deed of Release (Standard Form) should be carefully reviewed and preferably drafted or reviewed by legal professionals to ensure it properly protects the interests of both parties and abides by the relevant UK employment laws and regulations. Additionally, the document may contain specific provisions that are tailored to the unique circumstances of the employment arrangement or the industry in question.
This document encompasses a comprehensive release of all claims, known or unknown, that either party may have against the other. It typically covers various aspects such as termination of employment, unpaid wages, contractual obligations, severance pay, confidentiality provisions, non-compete clauses, intellectual property rights, and non-disparagement clauses.
The Deed of Release is primarily used in the context of employment termination, ensuring both parties mutually agree to end their relationship on amicable terms while safeguarding their rights and mitigating any potential future disputes. By signing this legally binding document, the parties typically waive their rights to pursue any claims, grievances, or legal actions against each other in the future, providing a sense of closure and finality.
It is important to note that a Deed of Release (Standard Form) should be carefully reviewed and preferably drafted or reviewed by legal professionals to ensure it properly protects the interests of both parties and abides by the relevant UK employment laws and regulations. Additionally, the document may contain specific provisions that are tailored to the unique circumstances of the employment arrangement or the industry in question.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Workplace No Smoking Policy
The "Workplace No Smoking Policy under UK Law" template is a comprehensive guide designed to help UK-based organizations draft and implement a clear and effective policy on smoking in the workplace. This legally sound document outlines the rules and regulations surrounding smoking in compliance with UK legislation, including the Health Act 2006 and the Smoke-free (Premises and Enforcement) Regulations 2006.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
1
DISCUSSIONS
1
Transitional Services Agreement After Intra Group Reorganisations (tsa)
A Transitional Services Agreement (TSA) After Intra Group Reorganisations, under UK law, is a legal template that outlines the terms and conditions governing the provision of services between two or more companies within the same corporate group following a reorganization.
Intra group reorganisations refer to significant changes in the ownership, structure, or control of companies within a corporate group. These reorganisations can occur due to mergers, acquisitions, spin-offs, or other restructuring activities. During such a transition, it is common for services to be shared or outsourced between the involved entities to ensure a smooth transition and maintain business continuity.
The TSA template helps to formalize the agreement between the companies involved, stipulating the scope of services that will be provided, the duration of the agreement, the fees or compensation involved, and any specific terms or conditions. It may cover various functional areas such as IT, finance, HR, procurement, marketing, or any other services necessary for the continued operations of the entity post-reorganisation.
Under UK law, the template ensures compliance with relevant legal and regulatory requirements. It can also address issues such as intellectual property rights, confidentiality, termination provisions, liability, and dispute resolution mechanisms. By clearly defining the obligations, responsibilities, and expectations of each party, this legal instrument provides clarity and safeguards the interests of all the entities involved in the intra group reorganisation.
Overall, the Transitional Services Agreement After Intra Group Reorganisations (TSA) under UK law acts as a comprehensive framework that assists companies in managing the transfer of services during a period of corporate transition, enabling a seamless and efficient transition while safeguarding the interests of all parties involved.
Intra group reorganisations refer to significant changes in the ownership, structure, or control of companies within a corporate group. These reorganisations can occur due to mergers, acquisitions, spin-offs, or other restructuring activities. During such a transition, it is common for services to be shared or outsourced between the involved entities to ensure a smooth transition and maintain business continuity.
The TSA template helps to formalize the agreement between the companies involved, stipulating the scope of services that will be provided, the duration of the agreement, the fees or compensation involved, and any specific terms or conditions. It may cover various functional areas such as IT, finance, HR, procurement, marketing, or any other services necessary for the continued operations of the entity post-reorganisation.
Under UK law, the template ensures compliance with relevant legal and regulatory requirements. It can also address issues such as intellectual property rights, confidentiality, termination provisions, liability, and dispute resolution mechanisms. By clearly defining the obligations, responsibilities, and expectations of each party, this legal instrument provides clarity and safeguards the interests of all the entities involved in the intra group reorganisation.
Overall, the Transitional Services Agreement After Intra Group Reorganisations (TSA) under UK law acts as a comprehensive framework that assists companies in managing the transfer of services during a period of corporate transition, enabling a seamless and efficient transition while safeguarding the interests of all parties involved.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
4
DISCUSSIONS
0
Uncommercial Shareholder Resolution
The legal template for an "Uncommercial Shareholder Resolution under UK Law" is a document that provides a standardized format for shareholders to propose a resolution that is deemed to be uncommercial or not in the best interest of the company.
Shareholders are individuals or entities that hold shares in a company, granting them partial ownership and certain rights within the corporation. They possess the ability to influence the decision-making process by proposing resolutions during shareholder meetings.
An uncommercial shareholder resolution refers to a proposal made by a shareholder that may not align with the company's commercial objectives, customary practices, or general prudence. For example, a shareholder may propose a resolution to donate a significant portion of the company's profits to charitable organizations, even if it is not considered a commercially viable or strategically advantageous action for the business.
This legal template outlines the essential elements of an uncommercial shareholder resolution under UK law, ensuring compliance with relevant legal requirements and corporate governance standards. It typically includes sections such as:
1. Heading: Identifying the document as an uncommercial shareholder resolution template under UK law, including the company's name, registration number, and registered address.
2. Preamble: Providing a brief background and rationale for the resolution, explaining the reasons behind its uncommercial nature or potential adverse effects on the company's interests.
3. Resolved Clauses: Presenting the specific proposal or resolutions, stating the desired actions, and their intended impact, while establishing their uncommercial nature.
4. Supporting Arguments: Including a section to provide justifications, arguments, or evidence supporting the uncommercial resolution, which may include financial projections, market trends, or social impact assessments.
5. Statement of Shareholder(s): Including the name(s), contact information, and the number of shares held by the shareholder(s) proposing the resolution.
6. Signatures: Reserving space for the shareholder(s) proposing the resolution to sign and date the document, expressing their intent and consent.
By utilizing this legal template, shareholders can ensure their uncommercial proposals are presented in a clear, structured, and legally sound manner within the context of UK corporate law. It helps to protect the interests of all shareholders by providing a transparent and formal process to consider and respond to uncommercial resolutions, ensuring that decisions are made in the best interest of the company as a whole.
Shareholders are individuals or entities that hold shares in a company, granting them partial ownership and certain rights within the corporation. They possess the ability to influence the decision-making process by proposing resolutions during shareholder meetings.
An uncommercial shareholder resolution refers to a proposal made by a shareholder that may not align with the company's commercial objectives, customary practices, or general prudence. For example, a shareholder may propose a resolution to donate a significant portion of the company's profits to charitable organizations, even if it is not considered a commercially viable or strategically advantageous action for the business.
This legal template outlines the essential elements of an uncommercial shareholder resolution under UK law, ensuring compliance with relevant legal requirements and corporate governance standards. It typically includes sections such as:
1. Heading: Identifying the document as an uncommercial shareholder resolution template under UK law, including the company's name, registration number, and registered address.
2. Preamble: Providing a brief background and rationale for the resolution, explaining the reasons behind its uncommercial nature or potential adverse effects on the company's interests.
3. Resolved Clauses: Presenting the specific proposal or resolutions, stating the desired actions, and their intended impact, while establishing their uncommercial nature.
4. Supporting Arguments: Including a section to provide justifications, arguments, or evidence supporting the uncommercial resolution, which may include financial projections, market trends, or social impact assessments.
5. Statement of Shareholder(s): Including the name(s), contact information, and the number of shares held by the shareholder(s) proposing the resolution.
6. Signatures: Reserving space for the shareholder(s) proposing the resolution to sign and date the document, expressing their intent and consent.
By utilizing this legal template, shareholders can ensure their uncommercial proposals are presented in a clear, structured, and legally sound manner within the context of UK corporate law. It helps to protect the interests of all shareholders by providing a transparent and formal process to consider and respond to uncommercial resolutions, ensuring that decisions are made in the best interest of the company as a whole.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
12
RATINGS
5
DISCUSSIONS
3