Prenuptial Agreement

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PRENUPTIAL AGREEMENT

This Prenuptial Agreement (the Agreement) sets out the terms and conditions upon
which [HUSBAND.FirstName] [HUSBAND.LastName] (the Husband)
and [WIFE.FirstName] [WIFE.LastName] (the Wife) shall manage their financial and legal
affairs upon marriage to each other (together, the Parties).
WHEREAS: The Parties are not yet married.
WHEREAS: The Parties are due to be married to each other (the Marriage).
WHEREAS: The Parties are each desirous of formalising their respective joint and several
financial and legal rights, obligations, liabilities and property rights arising from their Marriage.
WHEREAS: The Parties intend this Prenuptial Agreement to become effective upon the event of
their Marriage.
WHEREAS: The Parties have made a complete and accurate disclosure of their respective
assets and liabilities (Schedules A and B).
NOW, THEREFORE, IT IS HEREBY AGREED as follows:

1. DEFINITIONS.
In this prenuptial Agreement:
1.1 Income shall mean any income howsoever arising due to the commercial activity, work,
employment, endeavours, skills, passive holding of assets, dividends, inheritance, pensions,
interest, rent, inheritance, investments, property, or arising from any other source.
1.2 Unless it is evident from the context and having regards to the generality of this prenuptial
Agreement that a clause intends to mean otherwise: words denoted in the singular only shall
include the plural and vice versa; words denoted in any gender shall include all genders; and,
terms denoting people or persons shall include both natural and legal persons (such as
corporations) and vice versa.

1.3 The heading names in this prenuptial Agreement are provided as reference only and do not
form part of this Prenuptial Agreement.
1.4 This prenuptial Agreement may be executed in both English and other languages. If there is
a conflict between the Agreement in its various translations the English version shall prevail.
1.5 The illegality or unenforceability of any clause (or part thereof) shall have the effect of
voiding that clause (or part thereof) only and not the entirety of this prenuptial Agreement.

2. BREACH OF PROMISE CLAIM WAIVER


Both Parties agree and declare irrevocably that they have no right of action against the other in
the event that the contemplated Marriage does not take place for any reason whatsoever or that
if they had any such right it is hereby irrevocably waived by both Parties.

3. EXCLUSIVE JURISDICTION OF THIS


AGREEMENT
Both Parties agree and declare that in the event of the termination of the Marriage they will
submit to the exclusive jurisdiction of this prenuptial Agreement and irrevocably waiver the right
to make any claims arising out of the Marriage against the estate of the other except under this
prenuptial Agreement.

4. SEPARATION OF PROPERTY
Both Parties hereby agree:
4.1 that in the event of Marriage they will each retain all rights and obligations over their
respective property whether that property is now owned or will be subsequently acquired before
or during the Marriage.
4.2 that in the event of Marriage they shall each have the absolute and unconditional right to
dispose of their respective separate property free from any claim by the other and their rights to
their respective property shall remain as if they were not married.

4.3 that the Marriage shall not give either Party any right or benefit in the property of the other
Party.
4.4 that the above clauses (4.2 and 4.3) shall apply notwithstanding any investment by one
Party of time, effort or money in the maintenance, improvement or other betterment of the
property of the other Party.
4.5 that the above clauses (4.2 and 4.3) shall continue indefinitely and that the passing of time
shall not affect the agreed separation of assets.
4.6 that the above clauses (4.2 and 4.3) shall apply notwithstanding any behaviour, agreement,
promise or course of action which purports to confer the rights or obligations of one Party upon
the other unless it be formalised in accordance with clause 14 of this prenuptial Agreement.

5. WAIVER OF RIGHTS IN GENERAL


Each Party does hereby irrevocably renounce and waive any and all rights against the other
Party arising out of their Marriage whether granted by law, tradition, statute or in any other way
and over the assets of the other Party both in life and in death and in whichever country or
territory said assets may be held or registered and whether those rights be acquired at the
event of the Marriage or subsequently acquired, conferred, received or obtained. Each Party
also irrevocably renounces and waives the same rights against any proxy, executor, attorney-infact or other representative of the other Party.

6. WAIVER OF RIGHTS OVER INCOME


Each Party expressly and irrevocably renounces and waives any and all rights arising because
of the Marriage over the Income of the other Party which shall remain the exclusive property of
the Party to whom it is due. Nothing in this clause shall have any effect on the rights of minor
children to financial support.

7. SEPARATION OF OBLIGATIONS AND DEBTS


It is agreed that:

7.1 The obligations, liabilities and debts of each Party shall be entirely separate regardless if
those debts were incurred before the Marriage, during the Marriage or after the Marriage. Each
Party hereby irrevocably declares that they will indemnify, keep indemnified and hold harmless
the other Party in respect of any and all legal and financial obligations and debts incurred by that
Party.
7.2 Both Parties warrant that they have given a full and complete disclosure of their assets and
liabilities in Schedules A and B.
7.3 Each Party declares that they have reviewed and understand the Schedule of property of
the other Party.

8. FILING OF TAX RETURNS


The Parties recognise that they may elect to be assessed for income tax or other taxation
purposes as a married couple and/or submit a joint tax return and nothing in this prenuptial
Agreement shall preclude the Parties from so doing. The submission of a joint tax return or the
joint assessment of tax on the Parties shall have no effect upon the separation of assets and
obligations set out in clauses 5,6 and 7 or any other provision of this prenuptial Agreement.

9. CHANGE OF CIRCUMSTANCES AND


RELATIVE WEALTH
The Parties acknowledge that during the course of the Marriage their respective wealth may
increase, decrease or remain the same and hereby expressly and irrevocably declare that no
change in the financial circumstances of either Party shall have any effect on this prenuptial
Agreement.

10. CHILDREN
Children of the Marriage (whether biological or adopted) shall have no effect on the terms of this
prenuptial Agreement and nothing in this prenuptial Agreement shall affect the rights of the
children to support.

11. INTENTION TO FORM BINDING RELATIONS


It is agreed that:
11.1The Parties warrant that they have thoroughly read and understood every clause in this
prenuptial Agreement.
11.2 The Parties warrant that they are aware that this prenuptial Agreement is a binding legal
document and that they have each been given adequate time to consider the consequences of
signing it.
11.3 The Parties warrant that they are entering into this prenuptial Agreement entirely of their
own free-will and volition and expressly declare that they are acting entirely free from any kind of
influence, interference, pressure (financial or otherwise), duress or undue influence from any
third-party whatsoever.
11.4 The Parties declare that they have each had the opportunity to take legal advice in
connection with entering into this prenuptial Agreement and has either a) done so, or b) deemed
it not necessary to do so.
11.5 The Parties hereby expressly waiver their rights to dispute this prenuptial Agreement on
the basis of lack of autonomy, duress, undue influence, lack of volition, or lack of
understanding.
11.6 Both Parties warrant that this prenuptial Agreement is fair and accurately reflects their
intention generally and with regard to past and future assets and liabilities.

12. OTHER WARRANTIES


12.1 Both Parties warrant that they have the necessary power and approval to enter into the
Agreement.
12.2 Both Parties warrant that they are not aware of anything in their reasonable control which
will or could have an adverse effect upon their ability to perform their respective obligations
hereunder.

12.3 Each Party warrants that there is no litigation currently in progress, likely to be commenced
or threatened which could adversely affect the other Partys position.
12.4 The failure or delay by either Party to enforce any term of this agreement or to act upon a
breach of any term shall not constitute a waiver of their rights.

13. DURATION
This Prenuptial Agreement shall commence on the date of its execution and shall have effect
indefinitely unless it is cancelled by the express agreement in writing of both Parties pursuant to
clause 14.

14. VARIATION
Any variation to this Prenuptial Agreement shall be made in writing and signed by both Parties.

15. NOTICES
Any notice served under this Prenuptial Agreement shall be made in writing and shall be
considered served if it is handed to the other Party in person or delivered to their last known
address or any other such address as the Party being served may have notified as his address
for service. All notices shall be delivered in English.

16. CONFIDENTIALITY
Each Party irrevocably declare that they will keep the contents of this Prenuptial Agreement
confidential and agree to indemnify the other against any and all losses arising from their
making of the existence of this prenuptial Agreement or its contents known publicly.

17. GOVERNING LAW, DISPUTES AND


ARBITRATION

It is agreed that:
17.1 The prenuptial Agreement is made under the exclusive jurisdiction of the laws of[STATE].
17.2 Disputes under this prenuptial Agreement shall be subject to the exclusive jurisdiction of
the courts of [STATE].
17.3 Notwithstanding the terms of 17.2 both Parties agree that in the event of a dispute they will
enter into arbitration before the International Chamber of Commerce before a single arbitrator
whose decision shall be final.
Signed and executed on:

______________________________
[HUSBAND.FirstName] [HUSBAND.LastName]
In the presence of these two witnesses:

______________________________
[WITNESS 1.FirstName] [WITNESS 1.LastName]

______________________________
[WITNESS 2.FirstName] [WITNESS 2.LastName]

Before me [NOTARY]

Signature of Notary

______________________________
[WIFE.FirstName] [WIFE.LastName]

Schedule A (Husband)
Schedule B (Wife)

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