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1. Parties: Identification of all parties to the agreement, including their full legal names, registration numbers (if companies), and addresses
2. Background: Recitals explaining the context of the dispute or claims being released and the parties' intention to fully and finally settle all matters
3. Definitions: Definitions of key terms used throughout the agreement, including 'Claims', 'Effective Date', and other relevant terms
4. Mutual Release: Core provision where parties mutually release each other from all claims, detailing the scope of the release
5. Consideration: Statement of the consideration being provided for the release, even if nominal
6. Representations and Warranties: Basic representations about authority to enter agreement and understanding of its effects
7. Confidentiality: Standard confidentiality provisions regarding the terms of the agreement and the underlying dispute
8. Non-Admission: Statement that the agreement does not constitute an admission of liability by any party
9. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
10. Execution: Signature blocks and execution formalities
1. Payment Terms: Include when the release involves monetary settlement, detailing payment amounts, methods, and timing
2. Tax Implications: Include when there are significant tax considerations that need to be addressed
3. Non-Disparagement: Include when parties wish to prevent negative statements about each other
4. Return of Property: Include when there is physical or intellectual property to be returned between parties
5. Specific Exclusions: Include when certain claims or rights need to be specifically excluded from the release
6. Future Cooperation: Include when parties need to cooperate on ongoing matters or transition arrangements
7. Insurance Claims: Include when insurance claims or rights need to be addressed
8. Dispute Resolution: Include when parties want specific alternative dispute resolution procedures
1. Schedule 1 - Specific Claims Released: Detailed list of specific claims, lawsuits, or disputes being released
2. Schedule 2 - Payment Schedule: If applicable, detailed payment terms and installment schedule
3. Schedule 3 - Related Entities: List of affiliated entities, subsidiaries, or related parties covered by the release
4. Appendix A - Supporting Documents: References to relevant documents, court cases, or agreements being settled
5. Appendix B - Form of Payment Receipt: Template for acknowledgment of payments if monetary settlement is involved
Financial Services
Manufacturing
Construction
Real Estate
Technology
Retail
Healthcare
Education
Professional Services
Energy
Telecommunications
Transportation
Hospitality
Agriculture
Mining and Resources
Legal
Human Resources
Finance
Compliance
Risk Management
Corporate Secretarial
Operations
Executive Management
Business Development
Project Management
Chief Executive Officer
Managing Director
Chief Legal Officer
Legal Counsel
Company Secretary
Human Resources Director
Chief Financial Officer
Risk Manager
Compliance Officer
Business Development Manager
Project Manager
Contract Manager
Operations Director
Department Head
Settlement Officer
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