Mutual Release And Settlement Agreement Template

You can open the Mutual Release And Settlement Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Mutual Release And Settlement Agreement Template

Printable | Editable Form




Mutual Release And Settlement Agreement Template (1)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
Introduction:
This Mutual Release and Settlement Agreement (the “Agreement”) is made and entered into as of [Date] by and between Party A and Party B (collectively referred to as the “Parties”). The purpose of this Agreement is to settle fully and finally all disputes and claims that have arisen between the Parties.
Clause 1: Release of Claims
Each Party, for themselves and their successors, hereby releases and forever discharges the other Party, and their affiliates, from any and all actions, causes of action, claims, demands, and liabilities of any kind, known or unknown, arising out of or in connection with [describe nature of claims].
Clause 2: Settlement Amount
Party A agrees to pay Party B a total sum of [Amount] as a settlement in full of any claims that may arise from the matters described in this Agreement. Payment will be made on the following terms: [Specify terms].
Clause 3: No Admission of Liability
The Parties acknowledge that this Agreement is a settlement of disputed claims and shall not be construed as an admission of liability or wrongdoing by either Party.
Clause 4: Confidentiality
The terms of this Agreement shall be kept confidential by both Parties unless disclosure is required by law or agreed upon in writing by both Parties.
Clause 5: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
Executed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]
Mutual Release And Settlement Agreement Template (2)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
Introduction:
This Mutual Release and Settlement Agreement is entered into on [Date] between Party A and Party B to amicably resolve any disputes that have arisen between the Parties, promoting a peaceful and conclusive end to all matters at hand.
Clause 1: Mutual Release
Both Parties agree to release and discharge each other from all claims, obligations, and liabilities related to [describe specific claims or disputes resolved by this Agreement].
Clause 2: Settlement Consideration
In consideration of the mutual releases provided herein, Party A shall pay Party B [Amount] by [Payment Method] on or before [Due Date].
Clause 3: Non-Disparagement
Both Parties agree not to make any disparaging comments regarding each other or the circumstances surrounding this Agreement, including but not limited to any statements that may harm the other Party’s reputation.
Clause 4: Entire Agreement
This Agreement constitutes the entire understanding between the Parties concerning the subject matter hereof and supersedes all prior negotiations, agreements, and understandings.
Clause 5: Amendment
This Agreement may not be amended or modified except in writing signed by both Parties.
Executed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]

Form

Please complete the form below to create the Mutual Release and Settlement Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Mutual Release and Settlement Agreement Template

1. Parties Information





2. Background and Recitals

3. Terms of Settlement

4. Release of Claims

5. Confidentiality Agreement

6. Governing Law

7. Modifications

8. Execution of Agreement

9. Signatures and Acceptance




PDF


WORD

Printable

Mutual Release And Settlement Agreement Template

Printable | Editable Form




Mutual Release And Settlement Agreement Template