The Settlement Agreement And Release is a crucial legal document used in South African business and legal practice to formally resolve disputes and prevent future litigation. It serves as a comprehensive solution for ending disagreements across various sectors, from commercial disputes to employment matters. This document is particularly relevant when parties wish to avoid or terminate litigation, reach a mutual understanding, and create legally binding obligations for all involved parties. The agreement must comply with South African contract law, the Prescription Act, and other relevant legislation depending on the nature of the dispute. It typically includes detailed provisions for payment terms, releases, confidentiality, and implementation steps, making it essential for risk management and dispute resolution strategies. The document's importance lies in its ability to provide certainty and finality to disputes while protecting the interests of all parties involved.
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.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of all parties to the agreement, including their legal capacity
2. Background: Description of the dispute or circumstances leading to the settlement
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Terms: Detailed terms of the settlement, including payment amounts, actions to be taken, and timelines
5. Release: Mutual or unilateral release of claims, including scope of release and exceptions
6. Non-Admission: Statement that the settlement does not constitute admission of liability
7. Payment Terms: Details of settlement payments, including amount, method, and timing
8. Tax Implications: Statement regarding responsibility for tax obligations arising from the settlement
9. Breach and Enforcement: Consequences of breach and enforcement mechanisms
10. Governing Law and Jurisdiction: Specification of South African law as governing law and jurisdiction for disputes
11. General Provisions: Standard contractual provisions including entire agreement, amendment, and severability
1. Confidentiality: Terms of confidentiality regarding the dispute and settlement terms, used when parties want to keep the settlement private
2. Non-Disparagement: Mutual agreement not to make negative statements about other parties, useful in high-profile or contentious cases
3. Implementation Steps: Detailed procedure for implementing settlement terms, needed for complex settlements
4. Regulatory Compliance: Specific provisions ensuring compliance with relevant regulations, required for regulated industries
5. Press Releases: Terms regarding public announcements about the settlement, important for public companies or high-profile cases
6. Return of Property: Provisions for returning documents or property, relevant when physical items are involved
7. Future Cooperation: Terms regarding ongoing obligations or future cooperation, useful in business relationship settlements
8. Insurance Provisions: Specific provisions related to insurance claims or coverage, needed when insurance is involved
9. Employee Benefits: Provisions regarding continued benefits or obligations, relevant for employment-related settlements
1. Schedule A - Settlement Payment Details: Detailed breakdown of settlement amounts and payment schedule
2. Schedule B - Released Claims: Comprehensive list of claims being released
3. Schedule C - Implementation Timeline: Detailed timeline for implementing settlement terms
4. Schedule D - Required Documentation: List of documents to be exchanged or executed
5. Appendix 1 - Deed of Release: Formal release document to be executed separately
6. Appendix 2 - Form of Notice of Discontinuance: Template for withdrawing legal proceedings if applicable
7. Appendix 3 - Confidentiality Undertaking: Detailed confidentiality terms if required
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Manufacturing
Mining
Retail
Technology
Healthcare
Construction
Professional Services
Energy
Transportation
Agriculture
Education
Real Estate
Telecommunications
Insurance
Relevant Teams
Legal
Human Resources
Finance
Compliance
Risk Management
Operations
Corporate Affairs
Commercial
Industrial Relations
Executive Leadership
Company Secretariat
Claims
Dispute Resolution
Relevant Roles
Legal Counsel
Chief Legal Officer
Risk Manager
Compliance Officer
Human Resources Director
Chief Financial Officer
Chief Executive Officer
Contract Manager
Business Unit Director
Operations Manager
Company Secretary
Claims Manager
Dispute Resolution Specialist
Commercial Director
Industrial Relations Manager
Find the exact document you need
Settlement Agreement Landlord Tenant
A South African law-compliant agreement that documents the resolution of disputes between landlords and tenants, setting out settlement terms and mutual obligations.
find out more
Compromise Agreement Redundancy
A South African legal agreement that documents redundancy terms and provides mutual protection for employer and employee under South African labor law.
find out more
Accident Agreement
A South African law-governed agreement that documents settlement terms between parties involved in a vehicular accident, including liability, compensation, and mutual release of claims.
find out more
Retrenchment Settlement Agreement
A South African law-governed agreement that documents the terms and conditions of an employee's retrenchment, including severance package and final settlements.
find out more
Accident Settlement Agreement
A South African law-governed agreement that settles claims and establishes payment terms between parties involved in an accident-related dispute.
find out more
Wage Settlement Agreement
A South African legal agreement documenting negotiated wage terms between employers and employees, outlining wage increases and implementation details under local labor laws.
find out more
Mutual Settlement Agreement
A South African law-governed agreement documenting mutually agreed terms to resolve disputes or claims between parties, including settlement terms and releases.
find out more
Settlement Agreement Payment
A South African law-governed agreement that documents the terms and conditions of a monetary settlement between parties, including payment terms and release of claims.
find out more
Labor Settlement Agreement
A South African law-governed agreement that documents settlement terms between employer and employee, providing full and final resolution of employment-related claims.
find out more
Unfair Dismissal Settlement Agreement
A South African settlement agreement resolving an unfair dismissal dispute between employer and employee, compliant with local labor laws.
find out more
Tripartite Settlement Agreement
A South African law-governed agreement that formalizes settlement terms and obligations between three parties.
find out more
Separation And Settlement Agreement
A South African law-compliant agreement that formalizes separation terms between partners, including asset division, financial arrangements, and related obligations.
find out more
Selling House Divorce Agreement
A South African legal agreement combining divorce settlement terms with property sale conditions for the disposal of matrimonial property.
find out more
Good Settlement Agreement
A South African legal document used to resolve disputes related to goods transactions, outlining settlement terms and conditions under SA commercial law.
find out more
Global Settlement Offer Divorce
A comprehensive divorce settlement agreement under South African law that outlines all terms of separation between divorcing spouses, including asset division and maintenance arrangements.
find out more
General Mutual Release Agreement
A South African law-governed agreement where parties mutually release each other from all claims and liabilities, providing a comprehensive settlement of potential disputes.
find out more
Consent Judgment Settlement Agreement
A South African legal document that converts a settlement agreement into an enforceable court order by mutual consent of the parties.
find out more
Binding Settlement Agreement
A legally binding agreement under South African law that documents the terms and conditions of a dispute settlement between parties.
find out more
Work Settlement Agreement
A South African legal document that formalizes the settlement terms between employer and employee for resolving employment disputes or termination.
find out more
Settlement Agreement With Agreed Judgment
A South African settlement agreement incorporating terms for an agreed court order, combining settlement terms with enforceable judgment provisions.
find out more
Mutual Consent Divorce Agreement
A South African legal agreement documenting mutually agreed terms for divorce, including asset division, maintenance, and children's arrangements where applicable.
find out more
Landlord Tenant Settlement Agreement
A South African law-governed agreement that documents the settlement terms between landlords and tenants, resolving their rental property disputes.
find out more
Inheritance Settlement Agreement
A South African law-governed agreement that formalizes the distribution of a deceased person's estate among beneficiaries, detailing asset allocation and settlement terms.
find out more
Full And Final Settlement Agreement For Employee
A South African law-compliant agreement that documents the final settlement terms between employer and employee upon employment termination.
find out more
Car Settlement Agreement
A South African law-governed agreement that documents the settlement terms and conditions for motor vehicle-related transactions or disputes.
find out more
Divorce Settlement Agreement Pension Fund
A South African law-governed agreement detailing the division of pension fund benefits between divorcing spouses, in compliance with the Pension Funds Act and Clean Break Principle.
find out more
Divorce Settlement Agreement Immovable Property
A South African law-governed agreement detailing the settlement of immovable property between divorcing spouses, including transfer terms and obligations.
find out more
Pre Litigation Settlement Agreement
A formal agreement under South African law for resolving disputes between parties before initiating court proceedings, outlining settlement terms and mutual obligations.
find out more
Neutral Reference Settlement Agreement
A South African law-governed agreement establishing settlement terms between employer and employee, including provisions for neutral employment references.
find out more
Debt Compromise Agreement
A South African law-governed agreement that formalizes the settlement of debt for a reduced amount or modified terms between creditor and debtor.
find out more
Bullying Settlement Agreement
A South African law-governed agreement that resolves workplace bullying incidents, outlining settlement terms and preventive measures in accordance with local labor legislation.
find out more
Personal Injury Settlement Agreement
A South African law-governed agreement that settles a personal injury claim between injured and responsible parties, detailing settlement terms and mutual obligations.
find out more
Funeral Agreement Settlement
A South African law-governed agreement detailing funeral service settlement terms between service providers and clients, incorporating regulatory compliance and service specifications.
find out more
Release And Settlement
A South African law-governed agreement that documents the settlement of disputes between parties, including terms of settlement and mutual releases.
find out more
Small Claims Settlement Agreement
A legal agreement used in South African small claims courts (claims up to R20,000) to document settlement terms between parties in a dispute.
find out more
Relationship Settlement Agreement
A South African law-governed agreement that formalizes settlement terms between separating parties, including asset division, financial arrangements, and mutual obligations.
find out more
Mortgage Settlement Agreement
A South African law-governed agreement that sets out terms for settling and discharging a mortgage bond, ensuring compliance with local banking and property legislation.
find out more
Final Divorce Agreement
A legally binding agreement under South African law that sets out the complete terms and conditions for divorce settlement between spouses.
find out more
Divorce House Buyout Agreement
A South African legal agreement facilitating property transfer between divorcing spouses where one party buys out the other's share of the matrimonial home.
find out more
Severance Settlement Agreement
A South African law-compliant agreement documenting terms of employment termination, including severance payments and mutual obligations between employer and employee.
find out more
Release Of Marital Agreement
A South African legal document that formalizes the mutual release of marital obligations between spouses, governed by South African matrimonial law.
find out more
Grievance Settlement Agreement
A South African law-compliant agreement that documents the formal resolution of an employee grievance, including settlement terms and conditions agreed upon by all parties.
find out more
Private Divorce Agreement
A legally binding agreement under South African law that sets out the terms and conditions for divorce between spouses, including asset division and relevant family arrangements.
find out more
Global Resolution Agreement
A comprehensive agreement under South African law designed to resolve all existing and potential disputes between parties in a single binding document.
find out more
Consultant Settlement Agreement
A South African law-governed agreement that settles and terminates a consulting engagement, defining final terms and mutual obligations between consultant and company.
find out more
Civil Settlement Agreement
A South African law-governed agreement that documents the mutually agreed terms for resolving civil disputes between parties, providing a legally binding settlement framework.
find out more
Civil Lawsuit Settlement Agreement
A legally binding agreement under South African law that documents the settlement terms between parties in a civil lawsuit, providing for full and final resolution of all related claims.
find out more
Release Of Claims Settlement Agreement
A South African law-governed agreement that settles and releases legal claims between parties in exchange for agreed consideration.
find out more
Lease Settlement Agreement
A South African law-governed agreement that documents the settlement terms between landlord and tenant regarding lease disputes or early termination.
find out more
General Settlement Agreement
A South African law-governed agreement that documents the full terms of dispute resolution between parties, including settlement terms, releases, and obligations.
find out more
Director Settlement Agreement
A South African law-governed agreement that sets out the terms and conditions for a director's departure from a company's board, including settlements and ongoing obligations.
find out more
Probate Settlement Agreement
A South African legal agreement that formalizes the settlement and distribution arrangements of a deceased person's estate, subject to the Master of the High Court's approval.
find out more
Joint Settlement Agreement
A South African law-governed agreement documenting settlement terms between multiple parties to resolve disputes and establish mutual obligations.
find out more
Ex Gratia Payment Settlement Agreement
A South African legal agreement documenting voluntary payment terms and conditions without admission of liability, governed by South African law.
find out more
Settlement Agreement Between Two Parties
A South African law-governed agreement documenting the final settlement of disputes between two parties, including settlement terms, releases, and enforcement provisions.
find out more
Private Settlement Agreement For Car Accident
A South African private settlement agreement that resolves claims between parties involved in a motor vehicle accident, providing a legally binding framework for compensation and dispute resolution.
find out more
Post Settlement Agreement
A South African legal document that formalizes settlement terms between parties following dispute resolution, establishing binding obligations and releases.
find out more
Partial Settlement Agreement
A South African law-governed agreement that settles specific claims between parties while reserving others for future resolution.
find out more
Mutual Dispute Resolution Agreement
A South African law-governed agreement establishing alternative dispute resolution procedures between parties, including negotiation, mediation, and arbitration processes.
find out more
High Low Settlement Agreement
A South African law agreement that sets predetermined maximum and minimum settlement amounts in civil disputes, guaranteeing minimum recovery while capping liability exposure.
find out more
Eviction Settlement Agreement
A South African law-compliant agreement documenting mutually agreed terms for voluntary property vacation, aligned with PIE Act requirements.
find out more
Uncontested Divorce Agreement
A South African legal agreement documenting the mutually agreed terms for marriage dissolution, including asset division, maintenance, and child arrangements where applicable.
find out more
Alternative Dispute Resolution Agreement
South African Alternative Dispute Resolution Agreement establishing mediation and arbitration procedures under South African law.
find out more
Voluntary Settlement Agreement
A South African law-governed agreement documenting voluntary settlement terms between parties to resolve disputes or claims without or during litigation.
find out more
Voluntary Divorce Agreement
A South African law-governed agreement documenting spouses' mutual consent to divorce and their settlement arrangements, serving as the basis for a divorce order in the High Court.
find out more
Private Settlement Agreement
A South African law-governed agreement that documents the terms of settlement between parties to resolve their dispute outside of court proceedings.
find out more
Pre Settlement Agreement
A South African legal document establishing preliminary terms for dispute settlement before finalizing a full settlement agreement.
find out more
No Fault Settlement Agreement
A South African law-governed agreement that resolves disputes between parties without admission of liability, providing comprehensive settlement terms and mutual releases.
find out more
Liability Settlement Agreement
A South African law-governed agreement that documents the settlement terms and release of liability claims between parties, providing a legally binding resolution to disputes.
find out more
Fraud Settlement Agreement
A South African law-governed agreement that documents the settlement terms and conditions for resolving fraud-related claims between parties.
find out more
Estate Settlement Agreement
A South African law-governed agreement that formalizes the settlement and distribution process of a deceased person's estate between the executor and beneficiaries.
find out more
Contract Dispute Settlement Agreement
A South African law-governed agreement that documents the settlement terms between parties in a contract dispute, providing a binding resolution to prevent future litigation.
find out more
Third Party Settlement Agreement
A South African law-governed agreement facilitating settlement of disputes involving three or more parties, establishing terms, obligations, and releases for all involved parties.
find out more
Structured Settlement Agreement
A South African law-governed agreement establishing structured, periodic payments to settle a claim, incorporating tax benefits and long-term financial security measures.
find out more
Refund Settlement Agreement
A South African law-governed agreement that formally documents the terms and conditions of a refund between parties, ensuring legal compliance and protection for all involved.
find out more
Property Damage Settlement Agreement
A South African law-governed agreement that settles claims arising from property damage, detailing compensation terms and mutual releases between involved parties.
find out more
Payment Plan Settlement Agreement
A South African law-compliant agreement establishing structured payment terms for settling an outstanding debt between creditor and debtor.
find out more
Insurance Settlement Agreement
A South African law-governed agreement that documents the settlement terms between an insurer and insured party, resolving an insurance claim with finality.
find out more
Interim Settlement Agreement
A South African legal document establishing temporary arrangements between disputing parties while preserving rights for final settlement.
find out more
Financial Settlement Agreement
A South African law-governed agreement that documents the terms and conditions of a financial settlement between parties, including payment terms and mutual releases.
find out more
Defamation Settlement Agreement
A South African settlement agreement template for resolving defamation disputes, incorporating local common law principles and constitutional rights.
find out more
Damage Settlement Agreement
A South African law-governed agreement that documents settlement terms and compensation for damage-related claims between parties.
find out more
Custody Settlement Agreement
A South African law-governed agreement establishing custody, care, and contact arrangements for minor children between parents, aligned with the Children's Act.
find out more
Compromise Settlement Agreement
A South African law-governed agreement that documents the full and final settlement of disputes between parties, including settlement terms and mutual releases.
find out more
Settlement Agreement Waiver Of Claims
A South African law-governed agreement that settles disputes between parties and includes comprehensive waivers of claims, providing final resolution of matters in dispute.
find out more
Separation Settlement Agreement
A South African law-governed agreement that formalizes separation terms between spouses, including asset division, financial arrangements, and related obligations.
find out more
Partnership Settlement Agreement
A South African law-governed agreement that formalizes partnership dissolution terms and settles all partnership affairs.
find out more
Maintenance Settlement Agreement
A South African law-governed agreement establishing maintenance payment terms and conditions between parties, in accordance with the Maintenance Act 99 of 1998.
find out more
General Release And Settlement Agreement
A South African law-governed agreement that documents settlement terms between parties and provides mutual release from specified claims.
find out more
Conditional Settlement Agreement
A South African law-governed agreement that sets out conditional terms for settling disputes, becoming effective only when specified conditions are met.
find out more
Financial Agreement Divorce
A South African law-governed agreement detailing the complete financial settlement between divorcing spouses, including asset division and maintenance arrangements.
find out more
Car Accident Settlement Agreement
A South African law-governed agreement documenting settlement terms between parties involved in a motor vehicle accident, resolving all related claims and compensation matters.
find out more
Simple Settlement Agreement And Release
A South African law-governed agreement that documents the final settlement of disputes between parties, including terms of settlement and mutual releases.
find out more
Mutual Release Of Claims
A South African law-governed agreement where parties mutually release each other from specified claims and potential legal actions.
find out more
Legal Settlement Agreement
A South African Legal Settlement Agreement documenting dispute resolution terms and mutual obligations between parties, enforceable under South African law.
find out more
Conflict Resolution Agreement
A South African law-governed agreement establishing procedures for resolving disputes through negotiation, mediation, and arbitration.
find out more
Business Settlement Agreement
A South African law-governed agreement that documents the settlement terms between business parties to resolve disputes and establish future obligations.
find out more
Global Settlement Agreement
A South African law-governed agreement that comprehensively settles all disputes between parties, providing a final and binding resolution to multiple claims.
find out more
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
.png)