This is an agreement between (referred to herein as Plaintiff) 2025

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1. : with this communication : enclosed in this. 2. : hereby.
Usually, a settlement agreement will include the following: Parties involved. Clearly define who the parties to the agreement are. Background information. Settlement amount. Payment terms. Release of claims. Confidentiality clause. Governing law. Other provisions.
Herein, in this case, refers to the entire contract, emphasizing that the terms and conditions within the same document are the ones that apply to the parties involved.
A settlement agreement, also called a release, is a binding contract that settles a lawsuit or potential lawsuit between two or more parties and stipulates that no lawsuit can be filed in the future. The courts encourage parties to resolve their dispute through a settlement agreement rather than through the courts.
Hereinafter referred to as means an introductory remark used within a contract to indicate how a certain entity or individual will be referenced in the remainder of the document. Seen in 1 SEC filing.
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In a formal setting like a speech given behind a podium you might hear hereafter referred to as X but in more casual contexts youd say something like also known as or which Im going to call. The whole hereinafter thing is almost exclusively reserved for legal contexts.

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