# Settlement Agreement Template, Word and PDF Source: https://nerix.ai/templates/settlement-agreement Buy to download This page shows a preview. Buy the document on nerix.ai to download it as Word and PDF and print it. https://nerix.ai/templates/settlement-agreement # Settlement agreement Close a dispute in writing: what is paid, what each side gives up, and what stays confidential. Before you send it A settlement can give up legal rights. Some places require independent legal advice, special wording or a time to think before it binds, especially when one party is an employee or a consumer, and some claims cannot be given up at all. Tax on the payment depends on its nature and on the place. Have a lawyer read it before you sign. This is not legal advice. ## Fill it in and preview You are signed in. Fill it in your workspace and it is kept as a document you can send, share and have signed. [Open in your workspace](https://app.nerix.ai/documents/templates/settlement-agreement) **€9.99, pay once, Word and PDF** Included in every paid nerix plan. ### Settlement agreement This agreement is made on 10 November 2027 between: - **Northgate Building Ltd**, of 5 Market Street, Dublin, D02 XY12, Ireland ; and - **Aisha Karimi**, of 42 Willow Road, Dublin, D06 AB34, Ireland (each a "Party" and together the "Parties"). ## 1. Background The Parties have had a dispute (the "Dispute"). In short: A disagreement over the quality of, and payment for, the roof repair carried out at 42 Willow Road in May 2027. Claims, complaints or cases already started about the Dispute: Aisha Karimi's written complaint of 3 June 2027 to the trade body, and her letter before claim of 20 July 2027. The Parties want to end the Dispute fully and finally, without any court case or other formal process, and without any admission, on the terms of this agreement. Each Party confirms that it has had the chance to take independent advice on this agreement, that it understands it, and that it signs it freely. ## 2. Settlement payment Northgate Building Ltd (the "Payer") will pay Aisha Karimi (the "Payee") **EUR 3,200** (the "Settlement Sum"), as a full and final settlement of the Dispute, by 30 November 2027 . Payment is made in these instalments, the last by the date above: EUR 1,600 by 15 November 2027 and EUR 1,600 by 30 November 2027. The Payer will pay the Settlement Sum in cleared funds, in full and without set-off or deduction, Bank account for the payment, or another account the Payee names in writing: Account name Aisha Karimi, IBAN IE29 AIBK 9311 5212 3456 78 The Settlement Sum is not a payment for the work or services of anyone, and is not a payment of salary, unless this agreement says so. If the law requires the Payer to deduct tax or social contributions from any part of it, the Payer will deduct them, will pay them to the authority, and will give the Payee proof of the payment. Each Party is responsible for its own taxes on what it pays or receives. If a tax authority later asks the Payee for tax on the Settlement Sum, the Payee will tell the Payer at once, and the Parties will cooperate, but the Payer is not responsible for the Payee's own taxes. ## 3. Other things the Parties will do Each Party will do what it reasonably can to carry out this agreement, and will sign any document that is needed for it. Each Party will also do the following, by the dates stated: Northgate Building Ltd will repair the leaking gutter at no charge by 15 December 2027. Aisha Karimi will withdraw her complaint to the trade body. 4. Withdrawal of claims 5. Release of claims 6. No admission ⁦2 / 5⁩ 7. Confidentiality and agreed statement 8. Not speaking badly of each other 9. If a payment is missed, and if a Party breaches this agreement ⁦3 / 5⁩ 10. Costs 11. Law and disputes 12. General 1 more pages ⁦4 / 5⁩ The full document unlocks when you download The rest is written and waiting, with your answers in place. Templates are a careful starting point, not legal advice. Where the law matters, check what applies where you are. Company and legal ## What this template is for A settlement agreement to end a dispute: the background, payment schedule, release of claims, confidentiality, withdrawal of claims and signatures. Word or PDF. It is free to fill in online and needs no account. The finished Word document and PDF cost €9.99, paid once. [See all Company and legal templates](https://nerix.ai/templates/company-legal) Company and legal ## What you fill in The form asks for 21 details. The document fills itself in as you type. - ### First party For example: Northgate Building Ltd - ### First party's address For example: 5 Market Street, Dublin, D02 XY12, Ireland - ### Second party For example: Aisha Karimi - ### Second party's address For example: 42 Willow Road, Dublin, D06 AB34, Ireland - ### What the dispute is about Neutral facts only. Do not say who was right. For example: A disagreement over the quality of, and payment for, the roof repair carried out at 42 Willow Road in May 2027. - ### Claims or cases already started (optional) optional Letters, complaints or court cases about the dispute, with dates or case numbers. For example: Aisha Karimi's written complaint of 3 June 2027 to the trade body, and her letter before claim of 20 July 2027. - ### Settlement payment Include the currency. Write 'No payment' if none is made. For example: EUR 3,200 - ### Who pays For example: Northgate Building Ltd - ### Who receives For example: Aisha Karimi - ### Pay by (date) If you pay in instalments, this is the date of the last one. For example: 30 November 2027 - ### Payment in instalments (optional) optional One instalment per line, with its date. Leave empty to pay all at once. For example: EUR 1,600 by 15 November 2027 and EUR 1,600 by 30 November 2027. - ### Bank account for the payment (optional) optional For example: Account name Aisha Karimi, IBAN IE29 AIBK 9311 5212 3456 78 - ### Other things each side will do optional One per line. Leave out if the payment is all. For example: Northgate Building Ltd will repair the leaking gutter at no charge by 15 December 2027. Aisha Karimi will withdraw her complaint to the trade body. - ### Claims that are not released (optional) optional Anything the parties want to keep the right to claim, such as a later guarantee. For example: Any claim under the five-year guarantee on the replacement roof tiles installed in June 2027. - ### Agreed statement if anyone asks (optional) optional For example: The matter has been resolved to the satisfaction of both parties. - ### No admission of fault optional Usual in a settlement. Change it if you agree otherwise. For example: Neither party admits fault or liability. - ### Keep the terms confidential? For example: Yes - ### Which country's or state's law applies Pick the place whose law the parties choose. For example: Ireland - ### Place for deciding disputes about this agreement For example: Dublin - ### How disputes about this agreement are decided - ### Date For example: 10 November 2027 Company and legal ## What is inside The parts of this document, in order. - 1 1. Background - 2 2. Settlement payment - 3 3. Other things the Parties will do - 4 4. Withdrawal of claims - 5 5. Release of claims - 6 6. No admission - 7 7. Confidentiality and agreed statement - 8 8. Not speaking badly of each other - 9 9. If a payment is missed, and if a Party breaches this agreement - 10 10. Costs - 11 11. Law and disputes - 12 12. General Templates ## How it works - 01 ### Fill in Type your details in the form. The document fills itself in as you type; click any gap to jump to its field. - 02 ### Check Read it through. Gaps you have not filled stay marked, so nothing goes out half done. - 03 ### Download Pay once and get it as a Word document to edit further and as a PDF to send or print. The link comes by email too. ### Was this template helpful? Company and legal ## Questions people ask ### What details does this template ask for? The form asks for 21 details, starting with First party, First party's address, Second party, Second party's address, What the dispute is about. 7 more are optional. ### How much does this template cost? €9.99, paid once. Filling it in and seeing the first part is free. You pay when you download the finished Word document and PDF, with no account and no subscription. Every paid nerix plan includes it. ### Can I download this template as Word or PDF? Yes. When you have filled in the form, press Download and pay once. You get the finished document as a Word file to keep editing and as a PDF to send or print, and the link by email. ### Is what I type sent anywhere? While you fill it in, what you type stays in your browser. When you buy the document, your answers go to nerix to make your files. They are kept for seven days so you can download again, then deleted. ### What should I check before I use this template? A settlement can give up legal rights. Some places require independent legal advice, special wording or a time to think before it binds, especially when one party is an employee or a consumer, and some claims cannot be given up at all. Tax on the payment depends on its nature and on the place. Have a lawyer read it before you sign. This is not legal advice. ### Are these company templates free? Most are. Fill in and download them for free as Word or PDF, with no account. A few longer documents are premium: free to fill in, paid once to download, and marked with their price. ### Is a template the same as legal advice? No. A template is a careful starting point. Company, contract and data protection law differ by country, so have a lawyer read anything that carries real risk before you sign. ### Can I change the clauses? Yes. Download the Word version and edit it, or open the template in the nerix chat and ask for a clause that is stricter, shorter or in another language. Templates ## More in Company and legal - [Acceptable use policy Set clear rules for using your systems, accounts, devices and services, and what happens when they are broken. 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