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1. Confidentiality: Required when parties wish to keep the existence or terms of the release confidential

2. Non-Disparagement: Include when parties agree not to make negative statements about each other

3. Return of Property: Necessary when physical or intellectual property needs to be returned as part of the settlement

4. Future Cooperation: Include when parties need to cooperate on ongoing matters or transitional issues

5. Reservation of Rights: Used when certain claims or rights are specifically excluded from the release

6. Tax Implications: Include when the release involves payment that may have tax consequences

7. Insurance Rights: Required when insurance claims or rights need to be preserved or addressed

8. Third Party Rights: Include when the release affects rights of third parties under the Contracts (Rights of Third Parties) Ordinance

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

2. Schedule 2 - Released Parties: Comprehensive list of all parties benefiting from the release, including related entities if applicable

3. Schedule 3 - Settlement Payment Details: Payment terms, amounts, and mechanics if monetary consideration is involved

4. Appendix A - Related Proceedings: List of any legal proceedings to be discontinued as part of the release

5. Appendix B - Form of Announcement: Template for any agreed public announcement regarding the settlement, if applicable