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General Release Form
"I need a General Release Form under Hong Kong law for an employee departure, where our tech company wants to settle all potential claims with a senior software developer who is leaving on March 15, 2025, with a settlement payment of HKD 500,000."
1. Parties: Identification of the releasing party (releasor) and the party being released (releasee), including full legal names and addresses
2. Background: Context of the release, including relevant history of the relationship between parties and any disputes or claims being released
3. Definitions: Clear definitions of key terms used in the release, including 'Claims', 'Released Matters', and any other specific terms
4. Consideration: Statement of the consideration being provided in exchange for the release
5. Release and Discharge: Core release language detailing what claims and rights are being released and waived
6. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party
7. Representations and Warranties: Statements by the releasing party regarding their authority to give the release and understanding of its implications
8. Governing Law: Specification that Hong Kong law governs the release
9. Execution: Signature blocks and execution details
1. Confidentiality: Requirements for maintaining confidentiality about the release and its terms, used when parties wish to keep the settlement private
2. Non-Disparagement: Provisions preventing parties from making negative statements about each other, useful in employment or business relationship contexts
3. Future Claims: Specific provisions about unknown future claims, used when there's a need to address potential future issues
4. Return of Property: Requirements for returning any property or documents, relevant in employment or business relationship contexts
5. Severability: Provision ensuring that if part of the release is found invalid, the rest remains effective, used in complex releases
6. Third Party Rights: Provisions regarding the rights of third parties under the Contracts (Rights of Third Parties) Ordinance, used when third party interests are involved
1. Schedule 1 - Specific Claims: Detailed list of specific claims or matters being released, used when there are multiple or complex claims
2. Schedule 2 - Excluded Claims: List of any claims specifically excluded from the release, if applicable
3. Appendix A - Related Documents: Copies or references to related agreements or documents that are relevant to the release
4. Appendix B - Payment Details: Details of any settlement payments or consideration, if applicable
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Technology
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Executive Leadership
Operations
Administrative
Corporate Governance
Finance
Business Development
Legal Counsel
Human Resources Director
Risk Manager
Compliance Officer
Chief Legal Officer
Settlement Officer
Claims Manager
Human Resources Manager
Chief Executive Officer
Chief Financial Officer
Operations Manager
Company Secretary
Contract Administrator
Legal Administrator
Business Development Manager
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