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Settlement and Release Agreement
 | Date: September 2010 Type: Legal Template Format: Word Document Size: 39 KB Pages: 1 |  Registration required. Read Our Terms of Use |
This Word document is a template of a settlement and release agreement between a company and a contractor. Developing a Settlement and Release agreement is important for having a legal document in the event the terms of a contract are disputed by either the company or a contractor. This tool includes an agreement that the contract is in dispute, the compromise proposed, and witness information.
Benefits
Using this tool, you establish a legal settlement document that releases further claims from both parties.
Time ROI
It takes on average 7 hours to develop a Settlement and Release agreement. By using this tool, you will save approximately 6 hours since all you have to do is enter your company relevant information.
Related Downloads
Format: Word Document | Free Download
This Word document is a generic template for developing a legal agreement of understanding between two companies for any product-related business opportunity. Developing accurate documents outlining terms and conditions prior to entering into a business partnership or venture is extremely important. Any legally-binding agreement between authorized company representatives must be in writing. This tool details all the necessary areas to be covered in an MOU, including confidentiality, nondisclosure, and ownership. For a more detailed MOU, you might want to check out our Legal - Sample Memorandum of Understanding (Note: This MOU is software specific).
Format: Word Document | Free Download
This Word document is a template of a settlement and release agreement between two companies. Developing a Settlement and Release agreement is important for having a legal document in the event the terms of a contract are disputed by either parties. This tool includes an agreement that the contract is in dispute, describes the disputed issue, the proposed remedy, and the agreement's binding nature.
Format: Word Document | Free Download
This Word document is a template to use when providing additional compensation to terminating employees in exchange for their agreement to abide by certain terms and conditions. In addition, this template provides information to capture when, following termination, the former employee becomes an independent contractor. Developing a legally-defensible settlement agreement is critical when terminating an employee and providing them with additional compensation. This tool clearly states what the employee is entitled to by virtue of his/her employment or employment contract, plus states the additional remuneration he/she will receive in exchange for adhering to some expressly stated conditions. This tool should be used when requiring the terminated employee to provide consulting expertise for a defined period of time. Note: Be sure to have the former employee sign an Independent Contractor Agreement following his/her termination if consulting services are mutually desired.
Format: Word Document | Free Download
This Word document is a template to use when providing additional compensation to terminating employees in exchange for their agreement to abide by certain terms and conditions. In addition, this template includes a release where the employee acknowledges the waiving of certain rights pursuant to specific Acts and Codes. Developing a legally-defensible settlement agreement is critical when terminating an employee and providing them with additional compensation. This tool clearly states what the employee is entitled to by virtue of his/her employment or employment contract, plus states the additional remuneration he/she will receive in exchange for adhering to some expressly stated conditions.
Format: Word Document | Free Download
This Word document is a template to use when providing additional compensation to terminating employees in exchange for their agreement to abide by certain terms and conditions. Developing a legally-defensible settlement agreement is critical when terminating an employee and providing them with additional compensation. This tool clearly states what the employee is entitled to by virtue of his/her employment or employment contract, plus states the additional remuneration he/she will receive in exchange for adhering to some expressly stated conditions.
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