CONSIDERING that the parties to the dispute have agreed to settle and settle by mutual agreement the rights and defences in the dispute; and the parties must also agree to the terms of the transaction, and the complainant must agree to dismiss the appeal. All of this is in a settlement agreement. This document should only be completed if both parties have agreed to the terms of the transaction. It should not be used if transaction negotiations are still ongoing. Settlement agreements are entered into because the defendant may, at some point in the dispute, submit to the plaintiff a financial offer to end the dispute. If the complainant considers that the amount is satisfactory, the complainant will agree. This amount is called the amount of the statement. In this regard, and with the intention of being legally bound, the parties have ensured that this transaction agreement is executed on the dates indicated below. This confidential settlement and declassification agreement (“settlement agreement”) is entered into on or after that _____ day of [month], [year] between [applicants] (“applicants”) and [defendant] (a “party” and, together, the “parties”). The plaintiff is the party bringing the case against the defendant. The defendant is the person or company defending itself in court.
The document is quite easy to fill out. It must contain the identity of the parties and their lawyers (if any) as well as any information about the dispute, for example. B the name of the case, the name of the court and the date on which the dispute was filed. It will also contain the specific causes of the complainant`s appeal. .