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Mediation Settlement Agreement
"I need a Mediation Settlement Agreement for a commercial property dispute between two companies, with a settlement sum of £500,000 to be paid in three installments, and specific confidentiality provisions to protect both parties' business interests."
1. Parties: Details of all parties to the settlement agreement
2. Background: Context of the dispute and mediation process
3. Definitions: Key terms used throughout the agreement
4. Settlement Terms: Core terms of the settlement including payments, actions, and timelines
5. Confidentiality: Obligations regarding confidentiality of the settlement
6. Release of Claims: Mutual release of claims related to the dispute
7. Governing Law: Specification of applicable law and jurisdiction
1. Non-admission of Liability: Statement that settlement does not constitute admission of liability
2. Tax Implications: Treatment of settlement payments for tax purposes
3. Non-disparagement: Mutual agreements not to disparage other parties
4. Future Cooperation: Terms for ongoing relationship between parties
1. Payment Schedule: Detailed breakdown of settlement payments and timeline
2. Deed of Release: Formal release of claims document
3. Original Dispute Documents: Reference copies of relevant dispute documents
4. Action Items: List of specific actions to be taken by parties with deadlines
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