Ƶ

General Mutual Release Agreement for Malaysia

General Mutual Release Agreement Template for Malaysia

A comprehensive legal document governed by Malaysian law that enables two or more parties to mutually release each other from any and all claims, demands, obligations, or causes of action that they may have against each other. This agreement is drafted in compliance with the Malaysian Contracts Act 1950 and related legislation, providing a complete and final settlement of disputes or potential claims between the parties. It includes specific provisions for the scope of release, consideration, confidentiality, and enforcement mechanisms under Malaysian jurisdiction.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
General Mutual Release Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a General Mutual Release Agreement?

The General Mutual Release Agreement is a critical legal instrument used in Malaysian business and personal contexts when parties wish to achieve a clean break and settle all existing or potential disputes between them. This document is particularly valuable following the resolution of business relationships, employment terminations, settlement of disputes, or completion of projects where parties want to prevent future claims. Governed by Malaysian law, particularly the Contracts Act 1950 and Civil Law Act 1956, this agreement provides comprehensive protection by releasing all claims, whether known or unknown, that parties may have against each other. It typically includes specific provisions about the scope of release, consideration, confidentiality, and non-admission of liability, while ensuring compliance with Malaysian legal requirements including proper stamping under the Stamp Act 1949.

What sections should be included in a General Mutual Release Agreement?

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

What sections are optional to include in a General Mutual Release Agreement?

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

What schedules should be included in a General Mutual Release Agreement?

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

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions




















Clauses
























Relevant Industries

Financial Services

Manufacturing

Construction

Real Estate

Technology

Retail

Healthcare

Education

Professional Services

Energy

Telecommunications

Transportation

Hospitality

Agriculture

Mining and Resources

Relevant Teams

Legal

Human Resources

Finance

Compliance

Risk Management

Corporate Secretarial

Operations

Executive Management

Business Development

Project Management

Relevant Roles

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

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Bodily Injury Release

A Malaysian law-governed agreement releasing liability for bodily injury claims, including settlement terms and releases.

find out more

Employment Termination Settlement Agreement

A Malaysian law-governed agreement that documents the terms of an employment termination and mutual settlement between employer and employee.

find out more

Matrimonial Settlement Agreement

A Malaysian law-governed agreement detailing divorce settlement terms including asset division, financial arrangements, and maintenance provisions between separating spouses.

find out more

Retrenchment Settlement Agreement

A Malaysian law-governed agreement documenting terms of employee retrenchment, including settlement package and mutual obligations.

find out more

Government Settlement Agreement

A Malaysian law-governed agreement documenting settlement terms between government entities and other parties, including required approvals and compliance measures.

find out more

Trademark Infringement Settlement Agreement

A Malaysian law-governed agreement to settle trademark infringement disputes, outlining cessation terms and compensation requirements.

find out more

Workplace Settlement Agreement

A Malaysian law-governed agreement that documents the settlement terms between employer and employee to resolve employment disputes or termination.

find out more

Tripartite Settlement Agreement

A Malaysian law-governed agreement that formalizes settlement terms and obligations between three parties, providing a legally binding resolution framework.

find out more

Settlement Agreement Between Landlord And Tenant

A Malaysian law-governed agreement that formally resolves disputes between landlords and tenants, including settlement terms and mutual releases.

find out more

Selling House Divorce Agreement

A Malaysian legal agreement governing the sale of matrimonial property and division of proceeds during divorce proceedings, compliant with Malaysian civil and Shariah law where applicable.

find out more

Redundancy Agreement

A Malaysian law-governed agreement documenting redundancy terms, conditions, and payments between employer and employee.

find out more

Mutual Divorce Settlement Agreement

A Malaysian civil law agreement documenting mutually agreed divorce terms and settlements between spouses.

find out more

General Mutual Release Agreement

A Malaysian law-governed agreement where parties mutually release each other from all claims and obligations.

find out more

Division Agreement

A Malaysian law-governed agreement that structures and implements the division of a business entity into separate parts, detailing asset and liability allocation.

find out more

Contract Settlement Agreement

A Malaysian law-governed agreement that documents the final settlement terms between disputing parties and prevents future legal actions.

find out more

Injury Settlement Agreement

A Malaysian law-governed agreement that documents settlement terms and releases claims between parties following a personal injury incident.

find out more

Divorce Agreement

A Malaysian law-governed agreement that formalizes divorce terms, including asset division and custody arrangements.

find out more

Amicable Settlement Agreement

A Malaysian law-governed agreement documenting mutually agreed terms to resolve disputes between parties without court intervention.

find out more

Formal Settlement Agreement

A legally binding agreement under Malaysian law that documents the full and final settlement of disputes between parties, including settlement terms, releases, and enforcement provisions.

find out more

Compromise And Release Agreement

A Malaysian law-governed agreement that settles disputes between parties through mutual release of claims and defined settlement terms.

find out more

Settlement Agreement No Further Claims

A Malaysian law-governed agreement that resolves disputes between parties and prevents any future claims related to the settled matter.

find out more

Mutual Consent Divorce Settlement Agreement

A Malaysian law-governed agreement documenting mutually agreed divorce terms between consenting spouses, including asset division and settlement arrangements.

find out more

Amended Marital Settlement Agreement

A Malaysian legal document modifying an existing marital settlement agreement under the Law Reform (Marriage and Divorce) Act 1976.

find out more

Pre Divorce Settlement Agreement

A Malaysian law-governed agreement establishing terms and conditions between spouses planning to divorce, covering asset division, maintenance, and custody arrangements.

find out more

Resignation Settlement Agreement

A Malaysian law-governed agreement that formalizes employee resignation terms, settlement conditions, and mutual releases between employer and employee.

find out more

Marital Settlement Agreement For Simplified Dissolution Of Marriage

A Malaysian legal agreement for uncontested divorces between non-Muslim couples, outlining mutually agreed terms for marriage dissolution under Malaysian civil law.

find out more

Divorce Mediation Settlement Agreement

A Malaysian law-governed agreement documenting terms agreed upon by divorcing spouses through mediation, covering asset division, financial arrangements, and family matters.

find out more

Conciliation Settlement Agreement

A Malaysian law-governed agreement documenting the resolution terms reached through conciliation proceedings between disputing parties.

find out more

Simple Settlement Agreement

A Malaysian law-governed agreement that formally documents the resolution of disputes between parties, including settlement terms and mutual releases.

find out more

Private Divorce Agreement

A Malaysian law-governed agreement detailing mutually agreed terms for marriage dissolution, including asset division and related arrangements.

find out more

Lien Settlement Agreement

A Malaysian law-governed agreement that sets out terms for settling and discharging an existing lien between a lien holder and debtor.

find out more

Consultant Settlement Agreement

A Malaysian law-governed agreement that documents the settlement terms and mutual releases between a company and consultant, formally concluding their consulting relationship.

find out more

Payment And Release Agreement

A Malaysian law-governed agreement documenting payment terms and release of claims between parties, providing a legally binding settlement framework.

find out more

General Settlement Agreement

A Malaysian law-governed agreement that documents dispute resolution terms and mutual obligations between parties to prevent future litigation.

find out more

Director Settlement Agreement

A Malaysian law-governed agreement that sets out the terms and conditions for a director's departure from a company, including settlements and mutual obligations.

find out more

Compromise Agreement Between Two Parties

A Malaysian law-governed agreement that documents the settlement terms and mutual releases between two disputing parties, providing a final resolution to their differences.

find out more

Agreement For Settlement Of Dispute

A Malaysian law-governed agreement that formalizes dispute resolution between parties, outlining settlement terms and mutual obligations.

find out more

Multi Party Settlement Agreement

A Malaysian law-governed agreement that resolves complex disputes between multiple parties, establishing settlement terms and mutual obligations.

find out more

Final Settlement Agreement

A Malaysian law-governed agreement that provides for the full and final settlement of all claims between parties, including payment terms, releases, and confidentiality provisions.

find out more

Ex Gratia Payment Settlement Agreement

A Malaysian law-governed agreement documenting voluntary payments made without admission of liability, including payment terms and mutual releases.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it