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1. Parties: Identifies and defines all parties to the agreement, including their legal capacity and complete details
2. Background: Describes the context of the dispute, any existing or potential claims, and the parties' desire to settle
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Settlement Terms: Details the specific terms of settlement, including any payments, actions, or obligations required of each party
5. Covenant Not to Sue: The core provision where parties agree not to initiate or pursue legal action regarding the settled matters
6. Release of Claims: Comprehensive release of all claims related to the subject matter of the settlement
7. Representations and Warranties: Parties' assertions regarding their authority, understanding, and capacity to enter into the agreement
8. Confidentiality: Provisions regarding the confidentiality of the settlement terms and related information
9. Governing Law and Jurisdiction: Specifies Philippine law as governing law and defines jurisdiction for any disputes
10. Execution and Effect: Details about agreement execution, effective date, and binding nature
1. Non-Admission of Liability: Optional clause stating that the settlement does not constitute admission of liability or wrongdoing
2. Future Cooperation: Include when parties need to specify terms of ongoing relationship or future interactions
3. Tax Implications: Add when settlement involves significant monetary compensation or tax considerations
4. Insurance Provisions: Include when insurance companies are involved or insurance coverage is relevant to the settlement
5. Return of Property/Documents: Add when settlement requires exchange or return of property or documents
6. Non-Disparagement: Optional clause preventing parties from making negative statements about each other
7. Survival of Terms: Include when certain provisions need to survive the settlement agreement
1. Schedule A - Settlement Payment Details: Details of any monetary settlement, payment terms, and schedule
2. Schedule B - Released Claims: Detailed list of specific claims being released and settled
3. Schedule C - Required Actions: Specific actions required by each party as part of the settlement
4. Appendix 1 - Related Documents: List of relevant documents referenced in the agreement
5. Appendix 2 - Form of Release: Standard form of release to be executed by parties if required
6. Appendix 3 - Corporate Authorizations: Copies of corporate resolutions or authorizations if corporate parties involved
Banking and Financial Services
Real Estate and Property Development
Manufacturing and Industrial
Technology and Software
Construction and Engineering
Professional Services
Healthcare and Medical
Retail and Consumer Goods
Energy and Utilities
Transportation and Logistics
Insurance
Telecommunications
Legal
Compliance
Risk Management
Corporate Governance
Human Resources
Finance
Executive Leadership
Operations
Administrative
Business Development
Legal Counsel
Corporate Secretary
Chief Legal Officer
Risk Manager
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Business Development Manager
Human Resources Director
Operations Manager
Contract Administrator
Settlement Officer
Litigation Manager
Corporate Governance Officer
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