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1. Parties: Identifies and defines all parties to the settlement agreement, including their legal status and addresses
2. Background: Recitals explaining the context of the dispute and the intention to settle
3. Definitions: Defines key terms used throughout the agreement
4. Settlement Terms: Details the core settlement provisions, including payment amounts and other obligations
5. Payment Terms: Specifies payment amounts, methods, timing, and any installment arrangements
6. Release and Waiver: Mutual releases of claims and waiver of future actions related to the settled dispute
7. Confidentiality: Obligations regarding confidentiality of the settlement terms and dispute details
8. Representations and Warranties: Statements of fact and promises made by each party
9. General Provisions: Standard contract clauses including governing law, entire agreement, and severability
10. Execution: Signature blocks and execution formalities
1. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - used when explicitly requested by a party
2. Tax Indemnity: Provisions dealing with tax implications of the settlement - used when settlement involves significant sums or tax implications
3. Non-Disparagement: Mutual agreements not to make negative statements - used in sensitive or public disputes
4. Implementation Steps: Detailed procedure for implementing settlement terms - used for complex settlements requiring specific actions
5. Dispute Resolution: Specific procedures for resolving disputes about the settlement agreement - used for high-value or complex settlements
6. Third Party Rights: Provisions affecting rights of third parties - used when settlement impacts non-parties
7. Insurance and Indemnification: Provisions regarding insurance claims and indemnification - used when insurance is involved in settlement
1. Payment Schedule: Detailed breakdown of payment amounts and dates if installment payments are involved
2. Settlement Sum Calculation: Detailed calculation of settlement amounts including interest and costs
3. Related Claims: List of all claims and proceedings covered by the settlement
4. Required Actions: Detailed list of specific actions required by each party to implement the settlement
5. Form of Release: Template of any required release documents
6. Relevant Documents: List or copies of key documents referenced in the settlement
7. Announcement Template: Agreed form of any public announcements regarding the settlement
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