Settle a business dispute with a customer, supplier or other business in full and final settlement – payment terms, release of claims, no admission of liability, confidentiality and what happens to any court proceedings.
Contracts & terms
Commercial Settlement Agreement
About this document
When a commercial dispute is resolved by negotiation or mediation, the settlement should be written down so that both sides know exactly what has been agreed and the dispute cannot be reopened. This agreement records the settlement sum and payment dates, the release of claims, confidentiality and, if court proceedings have started, how they will be brought to an end.
The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.
Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.
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Contracts & terms
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Editable Microsoft Word files
Guidance notes in every document
Written for UK businesses
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