The Conditional Settlement Agreement is a crucial dispute resolution document used in Hong Kong when parties wish to resolve their differences subject to certain conditions being met. It is particularly useful in complex commercial disputes where settlement implementation requires multiple steps, regulatory approvals, or third-party consents. This document type combines elements of Hong Kong contract law with specific settlement provisions, creating a binding framework once conditions are satisfied. It typically includes detailed payment terms, performance obligations, release provisions, and enforcement mechanisms, all governed by Hong Kong law. The conditional nature provides protection to all parties by ensuring that settlement obligations only become effective once specified prerequisites are fulfilled, making it particularly valuable in high-stakes commercial disputes or matters involving multiple stakeholders.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all parties to the settlement agreement, including full legal names and addresses
2. Background: Recitals describing the dispute background, existing proceedings (if any), and parties' intention to settle
3. Definitions and Interpretation: Definitions of key terms used in the agreement and interpretation rules
4. Settlement Sum and Payment Terms: Details of the settlement amount, payment schedule, and payment mechanics
5. Settlement Conditions: Clear statement of all conditions that must be met for the settlement to become effective
6. Timing and Performance: Timeframes for performance of settlement obligations and conditions
7. Release and Discharge: Terms of mutual release and discharge once conditions are met
8. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
9. Non-Admission: Statement that the settlement does not constitute admission of liability
10. Enforcement: Mechanisms for enforcement and consequences of breach
11. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes
1. Tax Provisions: Include when settlement payments have tax implications requiring specific treatment or allocation
2. Regulatory Compliance: Include when settlement requires regulatory approvals or notifications
3. Non-Disparagement: Include when parties wish to prevent negative statements about each other
4. Return of Documents: Include when settlement involves return or destruction of confidential documents
5. Future Cooperation: Include when ongoing cooperation between parties is required post-settlement
6. Press Releases: Include when public announcements about the settlement need to be regulated
7. Insurance and Indemnities: Include when settlement involves insurance claims or ongoing indemnities
8. Third Party Rights: Include when settlement affects rights of third parties not direct party to agreement
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and payment mechanics
2. Schedule 2 - Settlement Conditions: Detailed list of all conditions precedent and subsequent
3. Schedule 3 - Form of Release: Template of mutual release document to be executed upon satisfaction of conditions
4. Schedule 4 - Performance Obligations: Detailed description of non-monetary obligations and performance requirements
5. Schedule 5 - Required Notices: Forms of notices required for various purposes under the agreement
6. Appendix A - Related Proceedings: List of all legal proceedings to be discontinued upon settlement
7. Appendix B - Settlement Documents: List of all documents that form part of the settlement package
Find the exact document you need
Waiver Of Liability (Insurance)
A Hong Kong law-governed document that establishes terms for waiving insurance-related liability rights and claims between involved parties.
Download
Landlord Vacate Notice
A Hong Kong-compliant legal notice from landlord to tenant requiring vacation of leased premises by a specified date.
Download
Interview Turn Down Letter
A Hong Kong-compliant formal letter informing job candidates of an unsuccessful interview outcome while maintaining professional courtesy and legal compliance.
Download
Interest Promissory Note
A Hong Kong law-governed document evidencing a promise to pay a specified sum with interest, containing payment terms and interest calculations.
Download
Liability Waiver
A Hong Kong law-governed Liability Waiver document for protecting organizations against claims arising from voluntary participation in activities or services.
Download
Character Reference Letter From Employer
A formal Hong Kong-compliant employer's letter attesting to an employee's character, work ethic, and professional conduct during their employment period.
Download
Lien Release Agreement
A Hong Kong law-governed agreement that formally releases a lien or security interest over property upon satisfaction of underlying obligations.
Download
Contractor Invoice
A formal billing document used by contractors in Hong Kong to request payment for services, compliant with local tax and business regulations.
Download
Registered User Agreement
A Hong Kong law-governed agreement establishing terms and conditions between service providers and registered users of digital platforms or services.
Download
Photo Consent Wording
A Hong Kong law-compliant photo consent form that establishes legal permission for taking and using photographs while protecting personal data privacy rights.
Download
Medical Treatment Authorization Letter
A Hong Kong-compliant legal document authorizing designated individuals to make medical decisions on behalf of a patient.
Download
Waiver Form
A Hong Kong law-governed document that releases one party from liability or responsibility for specified risks and potential claims.
Download
Travel Receipt
A Hong Kong-compliant document evidencing payment for travel-related services, including transaction details and terms under local regulations.
Download
Conditional Letter Of Credit
A Hong Kong law-governed banking instrument that provides payment assurance in international trade transactions upon fulfillment of specified documentary conditions.
Download
Emission Waiver
A legal document under Hong Kong law granting temporary or permanent relief from specific emission requirements, subject to alternative compliance measures and monitoring.
Download
Personal Trainer Employment Contract
A Hong Kong law-governed employment contract establishing terms and conditions between a fitness facility and a personal trainer, ensuring compliance with local employment regulations.
Download
Credit Verification Release Form
A Hong Kong-compliant authorization form allowing specified parties to verify an individual's credit information, subject to local privacy laws.
Download
Emergency Room Release Form
A Hong Kong-compliant emergency room release form for obtaining patient consent and documenting emergency medical treatment authorization.
Download
Waiver And Indemnity Agreement
A Hong Kong law-governed agreement combining waiver of rights and indemnification obligations, providing comprehensive risk and liability protection between parties.
Download
Personal Appearance Waiver
A Hong Kong law-compliant document waiving requirements for personal appearance while establishing secure alternative verification methods.
Download
Liability Assumption Agreement
A Hong Kong law-governed agreement facilitating the transfer of specific liabilities between parties, defining terms and conditions of liability assumption.
Download
Waiver Of Service
A Hong Kong law-governed document where a party voluntarily waives their right to formal service of legal proceedings while preserving other legal rights and defenses.
Download
Time Deposit Agreement
A Hong Kong law-governed agreement establishing terms and conditions for fixed-term deposits between a financial institution and depositor, including interest rates, term length, and withdrawal conditions.
Download
Photography Usage Rights Agreement
A Hong Kong law-governed agreement establishing terms for licensed use of photographic works, including usage rights, restrictions, and compensation.
Download
No Fault Settlement Agreement
A Hong Kong law-governed agreement that resolves disputes between parties without admission of liability, providing mutual releases and settlement terms.
Download
Final Settlement Letter To Employee
A formal letter under Hong Kong law detailing final settlement terms and payments between employer and departing employee.
Download
Consent To Treat Minor Form
A Hong Kong-compliant legal form authorizing medical professionals to provide treatment to patients under 18 years of age with parental/guardian consent.
Download
Media Release Form For Minors
A Hong Kong-compliant legal form obtaining parental consent for using a minor's image or likeness in media productions, ensuring child protection and privacy law compliance.
Download
Partial Lien Release
A Hong Kong law-governed document that releases a specific portion of property from an existing lien while maintaining security over the unreleased portion.
Download
Interest Waiver
A Hong Kong law-governed agreement documenting a lender's waiver of interest payments on a loan or debt obligation, while maintaining the principal repayment obligations.
Download
Conditional Settlement Agreement
A Hong Kong law agreement documenting conditional settlement terms between disputing parties, becoming effective only upon satisfaction of specified conditions.
Download
Payment Verification Letter
A formal document under Hong Kong law that provides official verification and confirmation of specific payment transactions.
Download
Bond Transfer Agreement
A Hong Kong law-governed agreement facilitating the transfer of bonds between parties, outlining terms, conditions, and regulatory compliance requirements.
Download
Privacy Release Form
A Hong Kong-compliant legal document obtaining consent for personal data collection and processing under the PDPO.
Download
Conflict Resolution Agreement
A Hong Kong law-governed agreement establishing procedures and mechanisms for resolving disputes through various alternative dispute resolution methods.
Download
Royalty Share Agreement
A Hong Kong law-governed agreement establishing terms for sharing royalties from intellectual property exploitation.
Download
Health Risk Assessment Form
A Hong Kong-compliant health risk assessment form for collecting and evaluating individual health information and medical history, with built-in privacy protections.
Download
Spousal Consent Form
A Hong Kong law-governed document recording one spouse's informed consent to actions affecting matrimonial rights or interests.
Download
Personal Agreement Contract
A Hong Kong law-governed contract establishing terms and conditions for personal agreements between parties, ensuring legal compliance and mutual protection of interests.
Download
Application Fee Waiver
A Hong Kong law-governed document establishing terms for waiving application fees between a fee-charging entity and beneficiary.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)