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1. Parties: Detailed identification of all parties involved in the dispute and settlement, including their full legal names, addresses, and registration details if corporate entities
2. Background: Comprehensive description of the dispute background, including key dates, events, and any existing legal proceedings
3. Definitions: Definitions of key terms used throughout the agreement to ensure clarity and prevent misinterpretation
4. Settlement Terms: Detailed description of the agreed settlement, including any payments, actions, or obligations to be performed by each party
5. Payment Terms: Specific details of any monetary settlements, including amounts, payment schedule, method of payment, and currency
6. Release and Waiver: Mutual release of claims and waiver of rights related to the dispute, clearly defining the scope of what is being settled
7. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
8. Governing Law and Jurisdiction: Specification of UAE law as governing law and designation of competent courts
9. Entire Agreement: Confirmation that this agreement represents the entire understanding between parties regarding the settlement
10. Execution: Details of how and when the agreement will be executed, including signature requirements
1. Ongoing Legal Proceedings: Required when there are active legal proceedings that need to be withdrawn or suspended
2. Non-Admission of Liability: Optional clause stating that the settlement does not constitute admission of liability by any party
3. Tax Implications: Required when the settlement involves significant financial components with tax implications
4. Future Cooperation: Optional section detailing any ongoing business relationship or future cooperation between parties
5. Public Announcements: Required when parties need to agree on how to handle public communications about the settlement
6. Force Majeure: Optional clause addressing potential future events that might affect settlement implementation
7. Dispute Resolution Process: Optional section detailing process for resolving any disputes arising from the settlement agreement itself
8. Third Party Rights: Required when the settlement affects rights of parties not directly involved in the agreement
1. Schedule of Payments: Detailed payment schedule including dates, amounts, and payment methods
2. List of Released Claims: Comprehensive list of all claims being settled and released
3. Required Actions: Detailed list of specific actions to be taken by each party as part of the settlement
4. Related Proceedings: List of all legal proceedings affected by the settlement
5. Supporting Documents: Copies of relevant documents referenced in the main agreement
6. Corporate Authorizations: Copies of corporate authorizations and powers of attorney where required
7. Property Transfer Details: If applicable, details of any property or asset transfers involved in the settlement
Construction & Real Estate
Financial Services
Manufacturing
Technology & Telecommunications
Energy & Natural Resources
Healthcare
Retail & Consumer Goods
Transportation & Logistics
Professional Services
Hospitality & Tourism
Legal
Compliance
Finance
Risk Management
Operations
Commercial
Corporate Affairs
Project Management
Executive Leadership
Claims Management
Chief Legal Officer
Legal Director
General Counsel
Dispute Resolution Manager
Compliance Officer
Chief Financial Officer
Risk Manager
Commercial Director
Contract Manager
Project Manager
Chief Executive Officer
Operations Director
Claims Manager
Settlement Officer
Corporate Secretary
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