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General Release Agreement Template

1) This general release is made between a Releasor and Releasee and releases the Releasee and related parties from any claims relating to [BLANK] that the Releasor has or may have in the future. 2) In exchange, the Releasee will provide the Releasor with either a payment of $________ or [BLANK item description] as full settlement. 3) The release does not constitute an admission of wrongdoing by the Releasee and will bind the parties, their heirs, and assigns.

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0% found this document useful (0 votes)
95 views4 pages

General Release Agreement Template

1) This general release is made between a Releasor and Releasee and releases the Releasee and related parties from any claims relating to [BLANK] that the Releasor has or may have in the future. 2) In exchange, the Releasee will provide the Releasor with either a payment of $________ or [BLANK item description] as full settlement. 3) The release does not constitute an admission of wrongdoing by the Releasee and will bind the parties, their heirs, and assigns.

Uploaded by

Adil Rizvi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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State of _________________ 

General Release
This General Release ("Release") is made on _____ day of _______________, 20_____ between:

Releasor: ________________________, at ________________________________________ [Address]


(“Releasor”) and

Releasee: ________________________, at ________________________________________ [Address]


(“Releasee”). 

1. Releasor and anyone claiming on Releasor’s behalf releases and forever discharges Releasee
and its affiliates, successors, officers, employees, representatives, partners, agents and anyone
claiming through them (collectively, the “Released Parties”), in their individual and/or corporate
capacities from any and all claims, liabilities, obligations, promises, agreements, disputes,
demands, damages, causes of action of any nature and kind, known or unknown, which Releasor
has or ever had or may in the future have against Releasee or any of the Released Parties
arising out of or relating to: _______________________________________________________
____________________________________________________________________ (“Claims”). 

2. In exchange for the release of Claims, Releasee will provide Releasor a payment: (Check one)

☐ In the amount of $__________.

☐ Of __________________________________ [Item description].

In consideration of such payment, Releasor agrees to accept the payment as full and complete
settlement and satisfaction of any present and prospective claims. 

3. This Release shall not be in any way construed as an admission by the Releasee that it has
acted wrongfully with respect to Releasor or any other person, that it admits liability or
responsibility at any time for any purpose, or that Releasor has any rights whatsoever against the
Releasee. 

4. This Release shall be binding upon the parties and their respective heirs, administrators, personal
representatives, executors, successors and assigns. Releasor has the authority to release the
Claims and has not assigned or transferred any Claims to any other party. The provisions of this
Release are severable.  If any provision is held to be invalid or unenforceable, it shall not affect
the validity or enforceability of any other provision. This Release constitutes the entire agreement
between the parties and supersedes any and all prior oral or written agreements or
understandings between the parties concerning the subject matter of this Release. This Release
may not be altered, amended or modified, except by a written document signed by both parties.
The terms of this Release shall be governed by and construed in accordance with the laws of the
State of _________________.

5. Both parties represent they fully understand their right to review all aspects of this Release with
attorneys of their choice, that they have had the opportunity to consult with attorneys of their
choice, that they have carefully read and fully understand all the provisions of this Release and
that they are freely, knowingly and voluntarily entering into this Release.
SIGNATURES

Signature of Releasor Date

Printed Name of Releasor

  

Signature of Releasee Date

Printed Name of Releasee


Signed in the presence of:

____________________________________
Witness Signature

____________________________________
Witness Name

________________________________________________________________________
Address

____________________________________
Witness Signature

____________________________________
Witness Name

________________________________________________________________________
Address
NOTARY ACKNOWLEDGEMENT:

State of _________________     )
                                                    ) ss:
County of _________________  )

The foregoing instrument was acknowledged before me this _____ day of _______________, 20_____,
by the undersigned, ________________________, who is personally known to me or satisfactorily
proven to me to be the person whose name is subscribed to the within instrument.

____________________________________
Signature

____________________________________
Notary Public

My Commission Expires: _______________

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