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SETTLEMENT AGREEMENT

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SETTLEMENT AGREEMENT

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000404
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

This document is a settlement agreement between two disputing parties to resolve issues amicably and to agree on the final settlement of the dispute. This agreement is legally binding and keeps disputes out of court.

Description

This agreement contains the following sections:

1.     Preamble

2.     Definitions and Interpretation

3.     No Admission

4.     Payment and Mode of Settlement

5.     Release

6.     Confidentiality

7.     Notices

8.     Warranties and Indemnity

9.     Law and Jurisdiction

10.   Language

Jurisdiction

This agreement is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.