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1. Parties: Identification and details of all parties to the settlement
2. Background: Context of the dispute and events leading to settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Sum: Amount and payment terms of the settlement
5. Release and Discharge: Mutual release from claims and liabilities
6. Confidentiality: Obligations regarding non-disclosure of settlement terms
1. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - used when party wishes to explicitly deny liability while settling
2. Tax Provisions: Treatment of tax implications - used when settlement involves significant sums or tax considerations
3. Non-Disparagement: Agreement not to make negative statements about other parties - used in high-profile or sensitive settlements
4. Return of Property: Provisions for returning any relevant property or documents - used when physical items or documents need to be returned
1. Payment Schedule: Detailed breakdown of payment terms and instalments
2. List of Claims: Comprehensive list of claims being settled
3. Related Agreements: Copies of any relevant prior agreements being terminated
4. Release Documentation: Standard form releases to be signed by parties
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