Warning: Undefined variable $toReturn in /home/foundlet/public_html/wp-content/plugins/searchterms-tagging-2/searchterms-tagging2.php on line 1004
Mutual Release
Categories: Business Letters

Mutual Release

MUTUAL RELEASE

 

This mutual release, executed on (date), between (name of the first party) of (address), City of __, Country of __, State of__, and (name of the second party) of (address)__, City of __, Country of __, State of __, is intended to effect the elimination of any obligations by either party as  hereinafter designated.

 

Whereas, disagreements and differences have arisen between the parties with respect to that certain contract entered into by said parties and executed on (date) __, a copy of which is attached hereto as Exhibit A, both parties have agreed to settle said disagreements and   differences by executing this mutual release.

 

Whereas, both parties recognize that by the execution of this mutual release, they are abandoning their respective legal rights with reference to the herein mentioned disputes

and differences, both parties agree that in consideration of this execution of this mutual release, and for the added consideration of the payment of (amount) Dollars, ($ ) by (name of the first party) to (name of the second party) , receipt of which is hereby acknowledged, and the payment of (amount) Dollars, ($ ) by (name of the second party) to (name of the first party), receipt of which is hereby acknowledged, each party for his heirs and assigns, expressly releases the other party, and his heirs and assigns, from all liability for claims and/or demands which may arise from that certain contract referenced herein

and attached hereto.

In witness whereof the parties have executed this mutual release at (place of execution) on the day and year stated above.

 

/S/_________________________

_________________________

Mutual Release

Top Sample Letters Terms:

emily

Recent Posts

Sample Letter Advising a Change in Terms and Conditions

It is very important to keep a close eye on the terms and conditions with…

4 months ago

Sample Letter to Creditors about Being Unable to Pay

If you are not able to pay your creditors then you can always write a…

4 months ago

Sample Letter Granting Credit to a Business Customer

In order to have businesses work smooth and easy, it is very important to have…

4 months ago

Sample Sales Letter Notifying Customers of New Products

Whenever a company launches a new product, it is important that they inform or notify…

4 months ago

Letter Accepting an invitation to speak at a Business Event

It is truly an honor if you have been invited at some business event as…

4 months ago

Sample Letter to Request a Debt Repayment Plan Template

Debts are something that no one likes and if you are not able to pay…

4 months ago

This website uses cookies.