Confidential Settlement Agreement A Confidential Settlement Agreement resolves a legal dispute between parties with confidentiality provisions, specifying settlement terms and conditions, including payments and releases.
Within thirty (30) days of the Effective Date, Turner shall pay to Walker the total sum of $[Amount] (the "Settlement Amount"). The Settlement Amount shall be deemed fully paid upon receipt by Walker of such payment.
a. Release by Walker: Upon receipt of the Settlement Amount, Walker hereby irrevocably and unconditionally releases, acquits, and forever discharges Turner, and all of Turner's respective past, present, and future agents, employees, representatives, attorneys, affiliates, successors, and assigns, from any and all liabilities, claims, causes of action, demands, damages, expenses, or costs, whether in law or in equity, whether known or unknown, that Walker ever had, now has, or in the future may have, arising from or in any way related to the Dispute.
b. Release by Turner: Upon receipt of the Settlement Amount, Turner hereby irrevocably and unconditionally releases, acquits, and forever discharges Walker, and all of Walker's respective past, present, and future agents, employees, representatives, attorneys, affiliates, successors, and assigns, from any and all liabilities, claims, causes of action, demands, damages, expenses, or costs, whether in law or in equity, whether known or unknown, that Turner ever had, now has, or in the future may have, arising from or in any way related to the Dispute.
The Parties agree that the existence, terms, and conditions of this Agreement, and any information relating to the negotiations leading up to this Agreement, shall be held in confidence and shall not be disclosed to any person or entity, except as required by law, regulation, or court order. Moreover, the Parties shall not make any public statements, announcements, or disclosures regarding the Dispute or this Agreement without the prior written consent of the other Party.
2.2. Permitted Disclosures
Notwithstanding the foregoing, the Parties may disclose the existence, terms, and conditions of this Agreement to their respective attorneys, accountants, and financial advisors, provided that they agree in writing to be bound by the confidentiality provisions of this Agreement.
2.3. Breach of Confidentiality
If either Party breaches any of the confidentiality provisions of this Agreement, the non-breaching Party shall be entitled to seek any and all remedies available at law or in equity, including, but not limited to, injunctive relief. The non-breaching Party shall also be entitled to recover from the breaching Party all reasonable attorneys' fees and costs incurred in enforcing these confidentiality provisions.
3.1. Governing Law
This Agreement, and all matters and disputes arising out of or in connection with this Agreement, shall be governed by and construed in accordance with the laws of the United States, without giving effect to any conflicts of laws provisions that would require the application of the laws of any other jurisdiction.
3.2. Entire Agreement
This Agreement constitutes the entire understanding and agreement between the Parties with respect to the subject matter hereof and supersedes any and all prior or contemporaneous discussions, agreements, or understandings, whether written or oral, related to the subject matter of this Agreement. No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both Parties.
If any provision of this Agreement is found to be invalid or unenforceable by a court of competent jurisdiction, then such provision shall be modified to the extent necessary to make such provision valid and enforceable, and the remainder of this Agreement shall continue in full force and effect.
The headings used in this Agreement are for convenience only and shall not affect the construction or interpretation of any provision of this Agreement.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
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In this Confidential Settlement Agreement, you will see the following sections:
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