Mutual Release Agreement Template for South Africa

1. Non-Disparagement: Mutual obligations not to make negative statements about the other party - particularly relevant in high-profile or employment-related disputes

2. Return of Property: Provisions for returning any property or documents - relevant where parties have exchanged materials or hold each other's property

3. Payment Terms: If the release involves any payment, details of the amount and payment terms

4. Tax Indemnity: Provisions dealing with tax implications of any payments - particularly relevant where significant sums are involved

5. Intellectual Property Rights: Specific provisions dealing with IP rights where relevant to the dispute or relationship

6. Cooperation: Obligations to cooperate in implementing the release or dealing with third-party claims

7. Insurance Claims: Provisions dealing with insurance claims and rights - relevant where insurance is involved in the underlying dispute

8. Employment-Related Provisions: Specific clauses required for employment-related releases, including statutory requirements

1. Schedule 1 - Specific Claims Released: Detailed list of all specific claims, disputes, or matters being released

2. Schedule 2 - Excluded Claims: List of any specific claims or rights that are explicitly excluded from the release

3. Schedule 3 - Related Agreements: List of any related agreements that are affected by or referenced in the release

4. Schedule 4 - Payment Details: If applicable, detailed payment terms, amounts, and bank account details

5. Appendix A - Supporting Documents: Copies of any relevant supporting documents referenced in the agreement