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1. Parties: Identifies the releasing and released parties, including their full legal names and addresses
2. Background: Explains the context and circumstances leading to the release, including any relevant history or disputes
3. Definitions: Defines key terms used throughout the document for clarity and legal certainty
4. Release Statement: The core waiver language releasing claims and rights, including scope of release and effective date
5. Consideration: States the value exchanged for the release, whether monetary or other form of consideration
6. Execution: Signature blocks and execution requirements, including witness provisions if required
1. Confidentiality: Provisions requiring parties to keep the terms and existence of the release confidential
2. Non-disparagement: Provisions preventing parties from making negative statements about each other
3. Future Claims: Provisions addressing the treatment of potential future claims
4. Severability: Clause ensuring the remainder of agreement survives if any part is found invalid
1. Schedule of Released Claims: Detailed enumeration of specific claims being released under the agreement
2. Schedule of Excluded Claims: Specific listing of claims explicitly excluded from the scope of the release
3. Payment Schedule: Details of any consideration to be paid in installments, including payment dates and amounts
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