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Full Deed Of Release
"I need a Full Deed of Release between my technology company and a former senior developer who is leaving to join a competitor, including confidentiality provisions and protection of intellectual property rights, with the release to take effect from March 15, 2025."
1. Parties: Identifies and defines all parties to the deed, including their legal names, addresses, and any defined terms for referring to them
2. Background: Recitals explaining the context, relationship between parties, and circumstances leading to the release
3. Definitions: Defines key terms used throughout the deed, including 'Claims', 'Released Matters', and other relevant terminology
4. Interpretation: Rules for interpreting the deed, including governing law and construction principles
5. Consideration: Details of the consideration being provided in exchange for the release
6. Release: Core section containing the full release provisions, including scope and nature of claims being released
7. Bar to Actions: Covenant not to sue or bring any claims covered by the release
8. Warranties and Representations: Statements by parties about their capacity, authority, and understanding of the release
9. Severability: Provision ensuring remainder of deed remains valid if any part is found void
10. Entire Agreement: Confirmation that the deed represents the complete agreement between parties
11. Execution: Formal requirements for signing and witnessing the deed
1. Confidentiality: Required when parties wish to keep the terms of the release and/or the underlying dispute confidential
2. Return of Property: Needed when physical or intellectual property needs to be returned between parties
3. Non-Disparagement: Used when parties agree not to make negative statements about each other
4. Ongoing Obligations: Required when certain obligations survive the release
5. Tax Indemnity: Needed when the release involves significant monetary consideration with tax implications
6. Further Assurance: Used when additional actions may be needed to give effect to the release
7. Insurance Claims: Required when insurance policies or claims are relevant to the release
8. Acknowledgment of Independent Legal Advice: Added when emphasizing that parties had opportunity for independent legal counsel
1. Schedule A - Released Claims: Detailed list of specific claims or matters being released
2. Schedule B - Payment Terms: Details of any settlement payments, including amounts, timing, and method
3. Schedule C - Returned Items: Inventory of any property or materials to be returned
4. Schedule D - Related Entities: List of affiliated entities covered by the release
5. Appendix 1 - Form of Acknowledgment: Template for any required acknowledgments or confirmations
6. Appendix 2 - Deed of Covenant: Any required additional covenant documents to be executed
Authors
Legal Services
Financial Services
Healthcare
Manufacturing
Technology
Real Estate
Construction
Professional Services
Retail
Education
Insurance
Mining
Energy
Transportation
Telecommunications
Legal
Human Resources
Risk Management
Compliance
Executive Leadership
Finance
Operations
Insurance
Corporate Affairs
Dispute Resolution
Legal Counsel
Human Resources Director
Risk Manager
Compliance Officer
Chief Legal Officer
Settlement Officer
HR Business Partner
Employment Lawyer
Corporate Secretary
General Counsel
Chief Executive Officer
Chief Financial Officer
Operations Manager
Insurance Claims Manager
Litigation Manager
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