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Mutual Release of Liability
Mutual Release of Liability
State of
Date:
SECTION 1: PARTIES
PARTY A:
Name: ________________
Address: ________________, ________, ____ _____
Phone: (___) ___-____
Name: ________________
Address: ________________, ________, ____ _____
Phone: (___) ___-____
PARTY B:
Name: ________________
Address: ________________, ________, ____ _____
Phone: (___) ___-____
Name: ________________
Address: ________________, ________, ____ _____
Phone: (___) ___-____
SECTION 2: MUTUAL RELEASE
In consideration of the covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Party A and Party B, on behalf of themselves, their heirs, executors, administrators, successors, and assigns, do hereby mutually, voluntarily, and knowingly release and forever discharge each other from any and all claims, demands, actions, causes of action, suits, damages, losses, costs, expenses, liabilities, and obligations of every kind and nature, whether known or unknown, suspected or unsuspected, which either Party has, had, or may have against the other, arising out of or in any way related to the above-described dispute or incident.SECTION 3: COVENANT NOT TO SUE
Each Party covenants and agrees not to file, commence, prosecute, or cause to be filed any lawsuit, action, or proceeding against the other Party with respect to any claim released herein. Each Party further agrees to indemnify and hold harmless the other Party from any breach of this covenant, including reasonable attorney's fees and costs incurred in defending such action.SECTION 4: GOVERNING LAW
This Mutual Release of Liability shall be governed by and construed in accordance with the laws of the State of _______________, without regard to its conflict of laws provisions. Any disputes arising under this Agreement shall be resolved in the courts of the State of _______________.SECTION 5: SIGNATURES
By signing below, each Party voluntarily agrees to the terms of this Mutual Release of Liability.PARTY A:
Signature: ___________________
Date: ___________________
Printed Name: [Party A name]
Signature: ___________________
Date: ___________________
Printed Name: [Party A name]
PARTY B:
Signature: ___________________
Date: ___________________
Printed Name: [Party B name]
Signature: ___________________
Date: ___________________
Printed Name: [Party B name]
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Mutual Release of Liability