Deed of Settlement and Release

Document Type

DOCX

Pages

Price: KES 400

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Document Overview

A Deed of Settlement and Release is a legally binding document that records the terms under which parties to a dispute agree to settle their differences and release each other from liability. It acts as a final closure to prevent future litigation or claims.

Purpose:
1. To record a final and conclusive settlement of a dispute.
2. To release each party from further claims or liabilities.
3. To avoid court or arbitration proceedings.
4. To ensure confidentiality and peace of mind for both sides.
5. To provide clear proof of resolution in case of future disagreements.

Key Components:
1. Recitals
2. Payment Terms
3. Release Clauses
4. Warranties & Representations
5. Confidentiality - Prevents disclosure of settlement details.
6. Governing Law
7. Execution as a Deed

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Deed of Settlement and Release

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