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Release Of All Claims Form Notary Template for Philippines

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Key Requirements PROMPT example:

Release Of All Claims Form Notary

"I need a Release of All Claims Form Notary for settling a workplace accident claim in Manila, Philippines, between our manufacturing company ABC Industries Inc. and a former employee, with a settlement amount of 鈧500,000 to be paid by March 15, 2025."

Document background
The Release Of All Claims Form Notary is a crucial legal document used in the Philippines when parties wish to formally settle and terminate all claims between them. This document is commonly utilized following dispute resolutions, accident settlements, employment separations, or business transaction closures. It must comply with the Philippine Notarial Law of 2004 and related Civil Code provisions, requiring proper notarization to ensure its validity. The document serves as a comprehensive waiver that, once executed, prevents the Releasor from pursuing any future legal actions regarding the released claims. It typically includes specific details about the claims being released, any consideration provided, and binding provisions that extend to heirs and assigns. This form is particularly important in risk management and dispute resolution, providing finality and legal certainty to both parties involved.
Suggested Sections

1. Parties: Identifies all parties involved - the Releasor (person giving the release) and Releasee (person being released), including their complete legal names and addresses

2. Background: Explains the context of the release, including any relevant incidents, claims, or disputes that led to this release

3. Definitions: Defines key terms used in the document, including 'Claims', 'Released Parties', and any other specific terms

4. Consideration: States the consideration (usually monetary) being provided in exchange for the release

5. Release and Discharge: The core section detailing the complete and unconditional release of all claims

6. No Admission of Liability: Statement that the release does not constitute an admission of liability by any party

7. Binding Effect: Confirms the binding nature of the release on parties, heirs, executors, and assigns

8. Governing Law: Specifies that Philippine law governs the agreement

9. Entire Agreement: Confirms this document represents the complete agreement between parties

10. Notarial Acknowledgment: Space for notarial certification as required under Philippine law

Optional Sections

1. Confidentiality: Include when parties wish to keep the terms of the settlement confidential

2. Future Claims: Additional language specifically addressing potential future claims, when needed

3. Return of Property: Include when physical items or documents need to be returned as part of the settlement

4. Non-Disparagement: Include when parties agree not to make negative statements about each other

5. Cooperation: Include when ongoing cooperation is needed for implementing the release

6. Severability: Include when parties want to ensure partial invalidity doesn't void the entire agreement

7. Tax Implications: Include when significant monetary consideration is involved requiring tax clarification

Suggested Schedules

1. Schedule A - Description of Claims: Detailed list of all claims being released, including dates and specifics

2. Schedule B - Settlement Amount Details: Breakdown of any settlement amounts and payment terms if applicable

3. Schedule C - Related Parties: List of additional parties covered by the release (subsidiaries, affiliates, etc.)

4. Appendix 1 - Supporting Documents: Copies of relevant documents referenced in the release

5. Appendix 2 - Proof of Authority: Documentation proving authority to sign (if signing on behalf of a corporation or another person)

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























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Relevant Industries

Legal Services

Insurance

Banking and Finance

Real Estate

Construction

Manufacturing

Healthcare

Transportation

Retail

Professional Services

Human Resources

Education

Technology

Entertainment

Relevant Teams

Legal

Compliance

Risk Management

Human Resources

Claims Processing

Corporate Secretariat

Operations

Finance

Administrative Services

Dispute Resolution

Contract Management

Relevant Roles

Legal Counsel

Compliance Officer

Risk Manager

Human Resources Director

Claims Adjuster

Corporate Secretary

Settlement Officer

Business Development Manager

Contract Administrator

Chief Legal Officer

Insurance Manager

Operations Director

Project Manager

General Manager

Chief Financial Officer

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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