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1. Parties: Identification and details of all parties involved in the settlement agreement
2. Background: Context of the dispute or circumstances leading to the settlement agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Settlement Amount: Clear statement of the agreed settlement sum and currency
5. Payment Terms: Details of how and when the settlement amount will be paid, including payment method and schedule
6. Release and Discharge: Mutual release of claims and obligations upon completion of settlement
7. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
8. Representations and Warranties: Statements of fact and assurances from both parties
9. Governing Law: Specification of Malaysian law as governing law and jurisdiction
10. Entire Agreement: Confirmation that this document represents the complete agreement between parties
11. Execution: Signature blocks and execution requirements
1. Installment Payment Provisions: Detailed terms for installment payments, including consequences of default - used when settlement is not paid as a lump sum
2. Tax Implications: Provisions regarding tax treatment and responsibilities - used when settlement has significant tax implications
3. Security Arrangements: Details of any security or guarantee for the settlement payment - used when additional payment security is required
4. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - used in dispute settlements
5. Non-Disparagement: Provisions preventing parties from making negative statements about each other - used in sensitive settlements
6. Third Party Rights: Provisions regarding rights of third parties - used when settlement affects third party interests
7. Foreign Exchange Provisions: Terms dealing with currency exchange - used when settlement involves multiple currencies
1. Payment Schedule: Detailed breakdown of payment amounts, dates, and methods
2. Bank Account Details: Specified bank account information for settlement payments
3. Supporting Documents: List of relevant documents supporting the settlement (e.g., invoices, statements)
4. Release Documentation: Forms and documents evidencing the release of claims
5. Calculation of Settlement Amount: Detailed calculation showing how the settlement amount was determined
6. Related Agreements: List and copies of any related agreements affected by the settlement
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Insurance
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Commercial & Corporate
Construction
Manufacturing
Retail & Consumer
Professional Services
Investment & Securities
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Secretariat
Accounts Receivable
Accounts Payable
Credit Control
Dispute ReΊμΠΣΦ±²₯
Chief Financial Officer
Finance Director
Legal Counsel
Compliance Officer
Treasury Manager
Accounts Manager
Settlement Officer
Risk Manager
Corporate Secretary
Financial Controller
Legal Manager
Credit Manager
Collections Manager
Dispute ReΊμΠΣΦ±²₯ Officer
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