SettlementAgreement.docx
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SettlementAgreement.docx
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SettlementAgreement
合同编号:
SettlementAgreement
签订地点:
签订日期:
年月日
SettlementAgreement
THISSETTLEMENTAGREEMENTismadethis_________(M,D,Y),betweenAAA,acorporationorganizedandexistingunderthelawsof_________(PLACENAME)andhavingitsregisteredofficeat_________('AAA'),andBBB,LTD.,acorporationorganizedandexistingunderthelawsof_________(PLACENAME)andhavingitsregisteredofficeat_________('BBB')and
¡¡¡¡WHEREAS,in_________(YEAR),CCC,Inc.,acorporationorganizedandexistingunderthelawsoftheStateof_________(PLACENAME)('CCC'),BBB,andtheothershareholdersofAAA,enteredintotheNihonCCCKKJointVentureAgreement,whichtheyamendedbythatcertainAmendedJointVentureAgreementdated_________(M,D,Y)(Thesetwoagreementsandtheirincidentalandrelatedagreementsshallbereferredtocollectivelyhereinasthe'JVA');
¡¡¡¡WHEREAS,AAAandBBBenteredintothatcertainMasterDistributorAgreementdated_________(M,D,Y)(Thisagreementanditsincidentalandrelatedagreementsshallbereferredtocollectivelyhereinasthe'MDA');
¡¡¡¡WHEREAS,CCC,AAA,andBBBterminatedtheirbusinessrelationshipsinvolvingCCCcomputersoftwareandotherproducts('CCCProducts')arisingoutoftheJVAandMDAasof_________(M,D,Y);and
¡¡¡¡WHEREAS,anumberofunresolvedissuesremainfromtheterminationofsaidJVAandMDAandthepartiesdesiretoresolvesaidissuesuponthetermsandconditionsdescribedbelow.
¡¡¡¡NOW,THEREFORE,ITISAGREEDASFOLLOWS:
¡¡¡¡Section1.Confirmation.CCCterminatedsalesofCCCProductsthroughdistributorsofAAAorthroughotherdistributorsin_________(PLACENAME)asof_________(M,D,Y).Thepartieshavediscussed,confirmed,andmutuallyagreeuponthefollowingfacts:
¡¡¡¡1.AsaresultofBBBconveyingitssharesinAAAtoCCCon_________(M,D,Y),theJVAwasamicablyterminated.
¡¡¡¡2.TheMDAwasamicablyterminatedasof_________(M,D,Y).
¡¡¡¡3.BBBhasintroducedandwillcontinuetointroduceanycustomersithasdevelopedpursuanttoitsactivitiesundertheMDAtoAAAoritsdesigneeandwillassistintheorderlycontinuationofalltransactionsdealingwithCCCProducts.However,AAAanditsdesigneeshallnotberesponsiblefororassumeanyofBBB'sliabilities(notonlymonetaryliabilities,butserviceliabilities,andanyandallliabilitiesofanytypeandnature)toanyofBBB'scustomersevenifAAAoritsdesigneereceivedanintroductiontothecustomerfromBBBandenteredintoabusinessrelationshipwithsaidcustomer.
¡¡¡¡4.PursuanttothetermsandconditionsofthisAgreement,AAAagreestopaytoBBBasumcertaintosettleanyclaimsarisingoutoftheterminationoftheJVAandMDA,ifany,andforBBB'scustomerlist,goodwill,etc.(hereinafterreferredtocollectivelyas'SettlementProceeds').TheparticularbreakdownofhowtheSettlementProceedswillbeallocatedamongthevariousmatterswillbedeterminedupondiscussionsbetweenthepartiesheretoasprovidedinSection4below.UponAAA'spaymentandBBB'sreceiptoftheSettlementProceeds,eachparty,representingallofeachparty'srespectivesubsidiaries,affiliatedcompanies,directors,officers,andemployeesthereof,releasesandforeverdischargestheotherparty,representingallofsaidparty'ssubsidiaries,affiliatedcompanies,directors,officers,andemployeesthereof,forallclaimsarisingoutoforresultingfromtheterminationoftheJVAandMDA.
¡¡¡¡5.TodateBBBhaspurchasedfromCCCandretainsinitscurrentinventoryacertainquantityofaCCCProductcalleda'ChipBundle'.ThepartiesagreethatBBBshallbeentitledtocontinuetosellitscurrentinventoryofsaidChipBundlesin_________(PLACENAME).BBBagreesnottomakeadditionalnewpurchasesofsaidChipBundlesandAAAagreesnottopurchaseandwillnotallowCCCtopurchaseanyChipBundlesfromBBB.
¡¡¡¡6.Thepartiesheretoagreethatasbetweenthemtherearenoclaims,debts,obligations,orliabilitiesarisingoutoftheterminationoftheJVAandMDAotherthanthosespecificallyidentifiedinthisAgreement.
¡¡¡¡Section2.CustomerIntroductionAssistance.
¡¡¡¡1.BBBhasdisclosedandshalldisclosetoAAAoritsdesigneethefollowinginformationimmediatelyafterthepartiesexecutethisAgreement:
¡¡¡¡a.AlistofallcustomerswithwhomBBBhasorhadbusinesstransactionsundertheMDA;
¡¡¡¡b.ThecontentsofanycontractsormaintenanceagreementsbetweenBBBandanycustomersidentifiedintheprecedingclause;and
¡¡¡¡c.AlistofpotentialcustomersdiscoveredduringBBB'sbusinessactivitiesduringtheperiodfrom_________(M,D,Y)to_________(M,D,Y)withwhomBBBbelievesthatAAAoritsdesigneehaveachancetoconcludeanagreementandareportonthestatusofallnegotiationsinprogress.
¡¡¡¡2.BBBagreesthatAAAoritsdesigneearefreetoconcludecontractsforCCCProductsa
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- SettlementAgreement