This form is a Settlement Agreement usable in cases where licensing, patents, or commercial trade secrets are a factor.
Alaska Settlement Agreement
State:
Multi-State
Control #:
US-TS10045
Format:
Word;
PDF;
Rich Text
Instant download
Description
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FAQ
1. An agreement that ends a dispute and results in the voluntary dismissal of any related litigation. Regardless of the exact terms, parties often choose to keep their settlement agreements private.
Contract settlement is an invoicing and billing pre-processor that consolidates multiple transactions against one or more contracts. It uses schedules and other terms specified on the contract to calculate or determine an adjusted price that is used to issue payment or perform customer billing.
Is an agreement the same as a settlement? Yes. Both words are often used to mean the same thing ? that the parties agree on one or more issues in the case.
In a settlement conference, a judge or volunteer attorney assists the parties by evaluating the strengths and weaknesses of the case and attempting to negotiate a settlement of the dispute, but without making any decisions or orders in the case.
A settlement agreement records the terms of a compromise which has been agreed between the parties to a dispute. It is a useful tool to conclude a dispute, set clear obligations for everyone involved and reduce the risk of future disputes and litigation arising between the parties.
Umakantan, the expressions 'agreement' and 'settlement' mean the same in terms of their meaning and content. However, in industrial relations context, an agreement is called settlement. Similarly in general parlance, a worker and a workman mean the same.
