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Settlement Agreement

Settlement Agreement

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This model summarises all common elements to every type of Settlement Agreements. In the event litigation before a Belgian court or arbitration panel is pending it is advisable that parties submit a brief requesting the court or arbitrators to take formal note of the fact that the Parties are discontinuing pending proceedings.

40.00 € 40.0 EUR 40.00 €

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SETTLEMENT AGREEMENT 

Article 1. Object of this Agreement 
Article 2. Terms of Settlement 
Article 3. Difference of Facts 
Article 4. Representation by the Parties 
Article 5. No Admission of Liability 
Article 6. Waiver of Right of Action 
Article 7. Effect of this Agreement 
Article 8. Interpretation 
Article 9. Confidentiality 
Article 10. Reimbursement of Costs 
Article 11. Governing law and Jurisdiction 
Article 12. Effective date of this Agreement