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Agreement Not To Sue

Agreement Not To Sue Template for Austria

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Key Requirements PROMPT example:

Agreement Not To Sue

"I need an Agreement Not To Sue under Austrian law between my manufacturing company and a former supplier regarding quality defects discovered in January 2025, with specific provisions for confidentiality and future business relations to be maintained."

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Document background
The Agreement Not To Sue is a crucial legal instrument under Austrian law used to formally resolve potential or existing disputes without proceeding to litigation. This document is particularly valuable when parties wish to achieve final closure on a matter while avoiding the costs and uncertainties of court proceedings. It must be carefully drafted to comply with Austrian Civil Code requirements, especially regarding the validity of waivers and settlements. The agreement typically specifies the exact scope of claims being waived, any consideration being provided, and includes necessary carve-outs for claims that cannot be waived under Austrian law. It's commonly used in commercial disputes, employment matters, and consumer-related issues, requiring careful consideration of both civil law principles and any applicable sector-specific regulations.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement, including their legal capacity and authority

2. Background: Context of the dispute or potential claims being waived, including relevant dates and circumstances

3. Definitions: Definitions of key terms used throughout the agreement, including 'Claims', 'Dispute', and 'Effective Date'

4. Consideration: Clear statement of the consideration being provided in exchange for the agreement not to sue

5. Waiver of Claims: Explicit waiver language specifying the claims being waived and the scope of the waiver

6. Representations and Warranties: Statements by each party regarding their authority, understanding, and capacity to enter into the agreement

7. Governing Law and Jurisdiction: Specification of Austrian law as governing law and designation of competent courts

8. Execution: Signature blocks and execution requirements

Optional Sections

1. Confidentiality: Terms regarding confidentiality of the agreement and underlying dispute, used when parties wish to maintain privacy

2. Regulatory Compliance: Additional provisions ensuring compliance with specific regulatory requirements, used when the waiver involves regulated industries

3. Future Cooperation: Terms regarding ongoing relationship between parties, used when parties will continue to interact

4. Insurance and Indemnification: Provisions regarding insurance coverage and indemnification, used when relevant to the underlying dispute

5. Severability: Provisions for maintaining validity of remainder of agreement if parts are found invalid, used in complex agreements

6. Notices: Communication procedures between parties, used in longer-term arrangements

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims being waived

2. Schedule of Excluded Claims: List of claims specifically excluded from the waiver

3. Payment Schedule: Details of any payment arrangements forming part of the consideration

4. Related Proceedings: List of any related legal proceedings or disputes affected by the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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























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Relevant Industries

Manufacturing

Financial Services

Professional Services

Healthcare

Construction

Real Estate

Technology

Retail

Transportation

Energy

Insurance

Education

Relevant Teams

Legal

Compliance

Risk Management

Executive Leadership

Human Resources

Finance

Operations

Corporate Affairs

Regulatory Affairs

Relevant Roles

Legal Counsel

Chief Legal Officer

Risk Manager

Compliance Officer

Chief Executive Officer

Chief Financial Officer

Human Resources Director

Claims Manager

Business Development Manager

Contract Manager

Corporate Secretary

Operations Director

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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