tiktok³ÉÈË°æ

All Countries
Employment
Settlement Agreement Between Two Parties

Settlement Agreement Between Two Parties Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Settlement Agreement Between Two Parties

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Settlement Agreement Between Two Parties

"I need a Settlement Agreement Between Two Parties under New Zealand law to resolve a commercial dispute between my technology company and a software supplier, including staged payments totaling NZD 250,000 to be completed by March 2025, plus confidentiality and non-disparagement clauses."

Celebrated by
Collaborations with
Investors
Document background
The Settlement Agreement Between Two Parties is a crucial legal instrument in New Zealand's dispute resolution landscape. It is typically employed when two parties wish to resolve their differences without court intervention or to conclude existing legal proceedings. This document type is particularly valuable in commercial, employment, property, and personal dispute contexts, offering a structured approach to documenting settlement terms. The agreement includes essential elements such as settlement payments, mutual releases, confidentiality provisions, and specific obligations of each party. Under New Zealand law, these agreements must comply with local contract law principles and relevant statutes, ensuring enforceability while providing clarity and certainty for all parties involved. The document serves as a final resolution of the specified disputes, preventing future claims related to the settled matters.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement with their full legal names and addresses

2. Background: Sets out the context of the dispute or circumstances leading to the settlement

3. Definitions: Defines key terms used throughout the agreement

4. Settlement Terms: Details the core settlement provisions including payment terms, actions to be taken, and timing

5. Release: Specifies what claims are being released and the scope of the release

6. Confidentiality: Sets out obligations regarding confidentiality of the settlement and its terms

7. Non-Admission: States that the settlement does not constitute an admission of liability by either party

8. Entire Agreement: Confirms this document represents the complete agreement between the parties

9. Governing Law: Specifies that New Zealand law governs the agreement

10. Execution: Formal signing section including date and witness requirements

Optional Sections

1. Non-Disparagement: Include when parties wish to prevent negative statements about each other after settlement

2. Return of Property: Include when there is physical or intellectual property to be returned between parties

3. Tax Treatment: Include when settlement involves significant payments requiring tax clarity

4. Cooperation: Include when ongoing cooperation between parties is needed for settlement implementation

5. Future Dealing: Include when parties need to specify terms of any future business relationship

6. Third Party Rights: Include when settlement affects rights of parties not directly involved in the agreement

7. Insurance: Include when insurance companies are involved in the settlement

8. Dispute Resolution: Include when specific dispute resolution procedures for future disputes are needed

Suggested Schedules

1. Payment Schedule: Details of payment amounts, dates, and methods if settlement involves installment payments

2. Released Claims: Detailed list of specific claims being released under the agreement

3. Property Schedule: Itemized list of any property to be transferred or returned

4. Deed of Release: Formal deed of release that may be required for certain types of claims

5. Announcement Template: Agreed form of any public or internal announcements about the settlement

6. Related Agreements: Copies of any related agreements referenced in the main agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





























Clauses






























Relevant Industries

Legal Services

Financial Services

Construction

Manufacturing

Retail

Healthcare

Technology

Real Estate

Professional Services

Education

Transportation

Energy

Agriculture

Mining

Telecommunications

Relevant Teams

Legal

Compliance

Human Resources

Risk Management

Executive Leadership

Finance

Operations

Commercial

Corporate Affairs

Business Development

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Legal Director

Corporate Lawyer

Litigation Manager

Risk Management Officer

Compliance Manager

Human Resources Director

Commercial Director

Operations Manager

Contract Manager

Business Development Manager

Finance Director

Company Secretary

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Motor Accident Private Settlement Agreement

A New Zealand legal document that formalizes settlement terms between parties involved in a motor vehicle accident, operating within NZ's ACC framework.

find out more

Debt Settlement Agreement Contract

A New Zealand-governed agreement that formalizes terms between creditor and debtor for settling outstanding debt, including payment terms and mutual obligations.

find out more

Binding Financial Agreement Property Settlement

A legally binding agreement under New Zealand law that formalizes property division between parties, including comprehensive asset settlement terms and independent legal advice certificates.

find out more

Tenant Settlement Agreement

A New Zealand law-governed agreement documenting settlement terms between landlords and tenants for dispute resolution or tenancy termination.

find out more

Wage Settlement Agreement

A New Zealand-compliant agreement that formalizes wage settlements between employers and employees, outlining payment terms and conditions under NZ employment law.

find out more

Mutual Settlement Agreement

A New Zealand law-governed agreement documenting mutually agreed terms to resolve disputes between parties, including settlements, releases, and obligations.

find out more

Unfair Dismissal Settlement Agreement

A New Zealand-governed settlement agreement resolving an unfair dismissal claim between employer and employee, including compensation terms and mutual releases.

find out more

Tripartite Settlement Agreement

A New Zealand law-governed agreement establishing settlement terms and conditions between three parties, including releases, obligations, and implementation framework.

find out more

Redundancy Agreement

A New Zealand-compliant agreement that formalizes employment termination due to redundancy, including terms, payments, and obligations for both parties.

find out more

Contract Settlement Agreement

A New Zealand-governed agreement that documents the full and final settlement of disputes between parties, including settlement terms, releases, and mutual obligations.

find out more

Inheritance Settlement Agreement

A New Zealand-governed agreement that formalizes the settlement of inheritance matters and estate distribution between multiple parties, resolving potential claims and establishing binding arrangements.

find out more

Global Settlement Agreement Divorce

A New Zealand legal agreement that comprehensively settles all matters related to divorce, including property division and financial arrangements.

find out more

Divorce Property Division Agreement

A New Zealand law-compliant agreement documenting the agreed division of property between divorcing spouses under the Property (Relationships) Act 1976.

find out more

Car Settlement Agreement

A New Zealand-governed agreement that documents settlement terms for vehicle transactions or disputes, ensuring legal compliance and protecting all parties' interests.

find out more

Amicable Settlement Agreement

A New Zealand law-governed agreement that documents mutually agreed terms for settling disputes amicably between parties without court intervention.

find out more

Debt Compromise Agreement

A New Zealand-compliant legal agreement that documents the terms of a negotiated debt settlement between creditor and debtor, including modified payment terms or reduced settlement amount.

find out more

Non Disparagement Settlement Agreement

A New Zealand law-governed agreement establishing mutual obligations between parties to refrain from making disparaging statements, typically used in settlement contexts.

find out more

Short Settlement Agreement

A concise legal document under New Zealand law that formalizes dispute resolution between parties, outlining settlement terms and mutual obligations.

find out more

Resignation Settlement Agreement

A New Zealand-compliant agreement that formally settles all matters related to an employee's resignation from their position.

find out more

Non Compromise Agreement

A New Zealand-governed agreement establishing business relationship terms and conditions without settlement elements.

find out more

Lease Settlement Agreement

A New Zealand-compliant legal agreement documenting the settlement terms and conditions between landlords and tenants regarding lease-related matters.

find out more

General Settlement Agreement

A New Zealand law-governed agreement that formally documents the settlement terms between parties to resolve disputes or claims.

find out more

Joint Settlement Agreement

A New Zealand-governed agreement that formally documents settlement terms and mutual obligations between multiple parties to resolve disputes or claims.

find out more

Beneficiary Settlement Agreement

A New Zealand law-governed agreement that formalizes settlement arrangements between trustees and beneficiaries regarding trust interests and distributions.

find out more

Settlement Agreement Between Two Parties

A New Zealand-governed legal agreement that documents the terms of settlement between two parties, resolving disputes through mutually agreed terms and conditions.

find out more

Private Settlement Agreement For Car Accident

A New Zealand-compliant private agreement for settling property damage claims resulting from car accidents, aligned with local ACC scheme requirements.

find out more

Private Settlement Agreement

A legal document under New Zealand law that formalizes the private resolution of disputes between parties, including settlement terms and mutual releases.

find out more

Pre Settlement Agreement

A New Zealand legal document that outlines terms and conditions between property sale agreement signing and final settlement, governed by NZ property and contract law.

find out more

No Fault Settlement Agreement

A New Zealand-compliant legal agreement for resolving disputes without admission of liability, providing a confidential and binding settlement framework between parties.

find out more

Family Arrangement Agreement

A New Zealand-governed agreement that formalizes arrangements between family members regarding property, care, and financial matters.

find out more

Contract Dispute Settlement Agreement

A New Zealand law-governed agreement that formally settles contractual disputes between parties, outlining settlement terms and mutual releases.

find out more

Structured Settlement Agreement

A New Zealand-compliant legal agreement establishing periodic payments over time to resolve a claim or dispute, providing structured financial compensation to the recipient.

find out more

Shareholder Settlement Agreement

A New Zealand law-governed agreement that documents the settlement of disputes or arrangements between company shareholders, including terms of resolution and implementation.

find out more

Property Damage Settlement Agreement

A New Zealand-compliant agreement that documents and finalizes the settlement terms between parties involved in a property damage incident.

find out more

Insurance Settlement Agreement

A New Zealand-governed agreement documenting the final settlement of an insurance claim, including settlement terms, releases, and payment conditions.

find out more

Interim Settlement Agreement

A temporary but binding agreement under New Zealand law that establishes interim terms between parties while working toward a final settlement.

find out more

Financial Settlement Agreement

A New Zealand-compliant legal document that formalizes financial settlement terms and payment obligations between parties.

find out more

Defamation Settlement Agreement

A New Zealand-compliant legal agreement that settles defamation claims between parties, including terms for compensation, retractions, and confidentiality.

find out more

Debt Resolution Agreement

A New Zealand-compliant agreement establishing terms and conditions for resolving outstanding debt between creditor and debtor.

find out more

Damage Settlement Agreement

A New Zealand law-governed agreement that documents settlement terms and compensation for damage to property or assets, including releases from future claims.

find out more

Custody Settlement Agreement

A New Zealand law-compliant agreement establishing custody and care arrangements for children following parental separation.

find out more

Compromise Settlement Agreement

A New Zealand-governed agreement that formalizes dispute resolution between parties, including settlement terms and mutual releases.

find out more

Separation Settlement Agreement

A New Zealand-governed agreement that formalizes separation terms between partners, including property division and financial arrangements.

find out more

Conditional Settlement Agreement

A New Zealand law-governed agreement that settles disputes or claims subject to specific conditions being met.

find out more

Redundancy Settlement Agreement

A New Zealand-compliant agreement that documents redundancy terms, payments, and mutual obligations between employer and employee.

find out more

Car Accident Settlement Agreement

A New Zealand-compliant agreement that settles claims arising from a motor vehicle accident, primarily focusing on property damage and associated costs.

find out more

Dispute Settlement Agreement

A New Zealand-governed agreement that documents the formal settlement of a dispute between parties, including settlement terms and mutual obligations.

find out more

Distributor Settlement Agreement

A New Zealand law-governed agreement that documents the settlement terms and termination arrangements between a supplier/principal and their distributor.

find out more

Compromise Agreement

A New Zealand-compliant agreement that formally settles employment disputes or terminates employment on agreed terms, requiring independent legal advice.

find out more

Amicable Agreement

A New Zealand-compliant Amicable Agreement template for documenting mutually agreed resolutions and settlements between parties.

find out more

Commercial Settlement Agreement

A New Zealand-governed legal agreement that documents the terms and conditions for settling commercial disputes between parties, providing a binding resolution outside of court proceedings.

find out more

Confidential Settlement Agreement

A New Zealand law-governed agreement that formally resolves disputes between parties while maintaining confidentiality about the settlement terms and existence.

find out more

Family Settlement Agreement

A New Zealand-compliant legal agreement that formalizes arrangements between family members regarding asset distribution, financial obligations, and family responsibilities.

find out more

Property Settlement Agreement

A legally binding agreement under New Zealand law that documents the terms and conditions for transferring property ownership between parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.