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Non Disclosure Settlement Agreement
"I need a Non-Disclosure Settlement Agreement under Dutch law to resolve an IP dispute with a former software developer contractor, including a settlement payment of €50,000 and strict confidentiality provisions about our proprietary code, to be effective from March 1, 2025."
1. Parties: Identification and details of all parties to the agreement, including their legal status and registered addresses
2. Background: Context of the dispute or circumstances leading to the settlement, without admitting liability
3. Definitions: Definitions of key terms including 'Confidential Information', 'Settlement', 'Effective Date', and other relevant terms
4. Settlement Terms: Details of the settlement including payments, actions to be taken, and mutual releases
5. Confidentiality Obligations: Scope of confidentiality, what information is covered, and duration of obligations
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed (e.g., legal requirements, professional advisors)
7. Return or Destruction of Information: Requirements for handling confidential information after settlement
8. Non-Disparagement: Mutual obligations not to make negative statements about other parties
9. Warranties and Representations: Statements of fact and promises made by each party
10. Breach and Remedies: Consequences of breaching the agreement and available remedies
11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments
1. Employment Provisions: Used when settlement relates to employment relationship, including references and future employment
2. Intellectual Property Rights: Used when settlement involves IP rights or when confidential information includes IP
3. Tax Indemnity: Used when settlement payments have tax implications requiring specific arrangements
4. Press Announcements: Used for high-profile cases requiring coordinated public communications
5. Non-Competition: Used when additional business protection beyond confidentiality is required
6. Third Party Rights: Used when settlement affects rights of parties not directly involved in the agreement
7. Insurance and Indemnification: Used when specific insurance requirements or indemnification terms are needed
1. Schedule 1 - Confidential Information: Detailed list or categories of information covered by confidentiality obligations
2. Schedule 2 - Settlement Payment Terms: Detailed payment schedule, amounts, and payment methods
3. Schedule 3 - Form of Release: Template of mutual release documents to be executed
4. Schedule 4 - Required Actions: Detailed list of specific actions parties must take to implement settlement
5. Appendix A - Related Agreements: List of other agreements affected by or relevant to the settlement
6. Appendix B - Acknowledgment Forms: Forms for key employees or third parties to acknowledge confidentiality obligations
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