Settlement Checklist Term Sheet - Us District Court printable pdf download

Settlement Checklist Term Sheet - Us District Court

SETTLEMENT CHECKLIST/TERM SHEET

CASE NAME:________________________________ vs. ____________________________________

CASE NO. _________ CV ___________________

DATE: _________________________________

PAYMENT OF MONEY

1. To:_______________________________

From:_______________________________

2. Total amount to be paid: $_____________________________________________________

3. When: ______________________________________________________________________

4. Payment terms (e.g., to whom checks will be written, number of payments, payment schedule,

etc.):

______________________________________________________________________________

_____________________________________________________________________________

5. Does payment include attorney’s fees? Yes or No

6. Any third party liens to be paid from proceeds? Yes or No

a. If yes, to whom: ___________________________________________________________

7. Tax Treatment: ________________________________________________

SELECT A RELEASE OPTION

Q Release (relinquishment of a right)

Q Covenant Not to Sue (agreement not to sue)

Choose one of the following:

_______________________________________

a. One Way From Plaintiff(s) to Defendant(s),

_______________________________________

b. Mutual

Exceptions to Covenant Not to Sue:

_______________________________________

Scope of Release :

_______________________________________

a. General Release

1. All claims raised in the litigation, or

Other Covenant Not to Sue Terms:

_______________________________________

2. All existing claims, whether or not

raised in the litigation.

_______________________________________

b. Limited Release:

_______________________________________

Scope of Covenant Not To Sue :

Settlement Checklist Term Sheet - Us District Court