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Neutral Reference Settlement Agreement
"Need a Neutral Reference Settlement Agreement for a senior executive's departure from our Singapore tech company, including specific provisions about maintaining confidentiality of a complex restructuring project and agreed language for future references to safeguard both parties' interests, with an effective date of March 1, 2025."
1. Parties: Identifies all parties to the agreement with full legal names and addresses
2. Background: Describes the context and circumstances leading to the settlement agreement
3. Definitions: Defines key terms used tHRoughout the agreement
4. Settlement Terms: Core terms of the settlement including reference provisions
5. Confidentiality: Terms regarding confidentiality of the agreement and its contents
6. Release of Claims: Mutual release of claims between parties
1. Non-Disparagement: Additional provisions to prevent parties from making negative statements about each other. Include when reputation protection is a key concern.
2. Return of Property: Provisions for returning company property and assets. Include when physical or digital assets need to be returned.
3. Continuing Obligations: Specifies any ongoing duties of parties that survive the settlement. Include when certain obligations need to continue post-settlement.
1. Schedule 1: Agreed Reference Template: Standard format and content of future employment references
2. Schedule 2: Settlement Payment Details: Breakdown of any financial settlement terms and payment arrangements
3. Schedule 3: List of Released Claims: Comprehensive list of specific claims being released tHRough the settlement
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