General Release and Waiver
This General Release and Waiver ("Agreement") is made effective as of ______ [insert date], by and between ______ [insert name of Releasor] ("Releasor"), located at ______ [insert address], and ______ [insert name of Releasee] ("Releasee"), located at ______ [insert address]. This Agreement shall be governed by and construed in accordance with the laws of the State of ______ [insert State], excluding its conflict of laws principles.
WHEREAS, the Releasor desires to release and forever discharge the Releasee from any and all claims, demands, liabilities, rights, and causes of action of whatsoever kind or nature, arising from or relating to ______ [insert description of the incident or circumstances leading to the agreement], that occurred on or before the date of this Agreement.
NOW, THEREFORE, for and in consideration of the sum of $______ [insert amount] and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
- Release and Waiver: The Releasor hereby releases, waives, discharges, and covenants not to sue the Releasee, its officers, directors, employees, agents, heirs, successors, and assigns from any and all liabilities, claims, demands, actions, and causes of action whatsoever that the Releasor has, had, or may have against the Releasee related to ______ [insert specific details if necessary], including but not limited to any and all injuries, damages, and losses of any kind that may arise, directly or indirectly, now or in the future.
- Indemnification: The Releasor agrees to indemnify, defend, and hold harmless the Releasee from any and all liabilities, losses, damages, claims, penalties, lawsuits, judgments, costs, and expenses, including reasonable attorneys' fees, which may be obtained against, imposed upon or suffered by Releasee as a result of any claim made by a third party or entity relating to the actions or inactions of the Releasor prior to the execution of this Agreement.
- Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of ______ [insert State], without giving effect to any choice or conflict of law provision or rule.
- Entire Agreement: This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the parties.
- Amendment: No amendment, modification, or supplement of any provisions of this Agreement shall be valid or effective unless made in writing and signed by both parties.
- Severability: If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect.
- Binding Effect: This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, legal representatives, successors, and assigns.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
Releasor Signature: ___________________________
Print Name: ___________________________
Date: ___________________________
Releasee Signature: ___________________________
Print Name: ___________________________
Date: ___________________________