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Settlement Agreement
Articles 2044 et seq. of the French Civil Code
Between the undersigned
Party 1: Party 1 name, located at Party 1 address, represented by Party 1 representative.
Party 2: Party 2 name, located at Party 2 address, represented by Party 2 representative.
Preamble – Statement of the dispute
Statement of the dispute
The Parties, wishing to put a definitive end to this dispute without resorting to legal proceedings, have agreed as follows:
Article 1 – Reciprocal concessions
Party 1 agrees to: Party 1 concessions.
Party 2 agrees to: Party 2 concessions.
Article 2 – Settlement indemnity
Paying party shall pay to Beneficiary party the sum of Indemnity amount (EUR) EUR as a fixed and final settlement indemnity, according to the following terms: Payment terms.
Article 3 – Waiver
In consideration for the performance of the above commitments, the Parties mutually and irrevocably waive any action, claim, or recourse relating to the dispute set out in the preamble.
Article 4 – Confidentiality
The Parties agree to keep this agreement and its contents strictly confidential.
Article 5 – Performance
This agreement shall be performed no later than Performance deadline. Failing performance within this period, the aggrieved party may bring the matter before the competent court.
Article 6 – Authority of res judicata
In accordance with Article 2052 of the French Civil Code, this agreement has, between the Parties, the authority of res judicata as a final judgment.
Executed at Place of signature, on Date of signature, in two copies.
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Parties
Identification of the parties to the dispute
Dispute
Statement of the dispute and concessions
Terms
Indemnity and performance
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