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1. Parties: Identifies and defines the three parties to the agreement with their full legal names, registration numbers (if companies), and addresses
2. Background: Recitals explaining the context of the dispute or circumstances leading to the settlement, including reference to any existing agreements or disputes
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules
4. Settlement Terms: Core section detailing the agreed settlement arrangement between all three parties
5. Payment Obligations: Specifies any monetary settlements, payment schedules, and payment methods
6. Release and Discharge: Mutual releases and waivers of claims between all parties
7. Representations and Warranties: Standard warranties about authority to enter agreement and binding nature of obligations
8. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and jurisdiction for disputes
9. Entire Agreement: Confirms this agreement supersedes all previous agreements or understandings
10. Execution: Signature blocks for all three parties and witnessing requirements
1. Conditions Precedent: Include when settlement is contingent on certain conditions being met first
2. Confidentiality: Include when parties wish to keep settlement terms private
3. Non-Admission of Liability: Include when parties want to explicitly state settlement doesn't constitute admission of liability
4. Tax Implications: Include when settlement involves significant monetary amounts requiring tax consideration
5. Further Assurance: Include when parties need to take additional actions to give effect to settlement
6. Costs: Include when parties need to specify how legal and other costs are to be borne
7. Severability: Include when parties want to ensure remainder of agreement survives if parts are found invalid
8. Third Party Rights: Include when rights of parties not signing the agreement need to be addressed
1. Schedule 1 - Settlement Sum Details: Detailed breakdown of settlement amounts and payment terms if complex
2. Schedule 2 - Settlement Timeline: Chronological timeline of actions to be taken by each party
3. Schedule 3 - Related Agreements: List and copies of any related agreements affected by the settlement
4. Schedule 4 - Form of Release: Template of any specific release documents to be executed
5. Schedule 5 - Corporate Authorizations: Copies of board resolutions or other corporate approvals if parties are companies
6. Appendix A - Supporting Documents: Any relevant correspondence, court documents, or other supporting materials
Banking and Financial Services
Real Estate and Construction
Manufacturing
Insurance
Healthcare
Technology
Energy and Resources
Transportation and Logistics
Telecommunications
Professional Services
Legal
Finance
Compliance
Risk Management
Corporate Secretariat
Executive Leadership
Treasury
Corporate Affairs
Commercial Operations
Dispute Resolution
Legal Counsel
Chief Legal Officer
Corporate Secretary
Chief Financial Officer
Risk Manager
Compliance Officer
Managing Director
Chief Executive Officer
Contract Manager
Settlement Officer
Finance Director
Company Director
Head of Legal
General Counsel
Commercial Director
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