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1. Parties: Identifies and defines all parties to the agreement, including their legal status and contact details
2. Background: Outlines the context of the settlement, including the original dispute or debt, and any previous agreements or negotiations
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Settlement Amount: Specifies the total amount to be paid and whether it includes costs, interest, or other components
5. Payment Terms: Details the payment schedule, method of payment, and any conditions precedent to payment
6. Release and Discharge: Specifies what claims or obligations are being settled and released upon payment
7. Default and Remedies: Outlines what constitutes a default and the consequences/remedies available
8. Representations and Warranties: Standard warranties about capacity to enter agreement and authority to settle
9. Governing Law: Confirms New Zealand law governs the agreement and jurisdiction for disputes
10. Execution: Signature blocks and execution requirements for all parties
1. Confidentiality: Required when parties wish to keep the settlement terms private
2. Tax Implications: Include when there are specific tax considerations or allocations to be addressed
3. Third Party Rights: Necessary when the settlement affects rights of parties not directly involved in the agreement
4. Security Provisions: Include when payment is secured by assets or guarantees
5. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction
6. Non-disparagement: Include when parties agree not to make negative statements about each other
7. Entire Agreement: Optional but recommended when there have been multiple prior agreements or negotiations
8. Force Majeure: Include when long-term payment arrangements might be affected by unforeseen circumstances
1. Payment Schedule: Detailed breakdown of payment amounts, dates, and installments if applicable
2. Calculation of Settlement Amount: Shows how the settlement amount was calculated, including any interest or adjustments
3. Security Details: Details of any security arrangements, including asset descriptions or guarantee terms
4. Related Agreements: Copies or references to any related agreements affected by the settlement
5. Bank Account Details: Separate schedule for payment details to allow for easy updates if needed
Financial Services
Banking
Insurance
Real Estate
Construction
Retail
Manufacturing
Professional Services
Healthcare
Education
Technology
Telecommunications
Legal Services
Accounting Services
Small Business
Legal
Finance
Accounts Receivable
Treasury
Credit Control
Risk Management
Collections
Commercial Operations
Corporate Affairs
Compliance
Chief Financial Officer
Finance Manager
Credit Controller
Accounts Receivable Manager
Legal Counsel
Company Secretary
Commercial Manager
Risk Manager
Collections Manager
Treasury Manager
Corporate Lawyer
Debt Recovery Specialist
Financial Controller
Business Development Manager
Contract Administrator
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