MUTUAL RELEASE
This mutual release, executed on [date], between
[name of first party] of [address] , City of
, County of , State of , and
[name of second party] of [address] , City of
, County of , State of , is
intended to effect the elimination of any obligations by
either party as hereinafter designated.
Whereas, disputes 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 disputes and differences by executing
this mutual release.
Whereas, both parties recognize that by the execution of
this mutual release, they are relinquishing 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 first party] to [name of
second party] , receipt of which is hereby acknowledged,
and the payment of [amount] Dollars, ($ ) by
[name of second party] to [name of 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/_________________________
_________________________
