We’ve prepared a bundle of letter templates to be used in general business situation. Feel free to use them with our compliments. However we ask that you do not reproduce these templates on any medium for public display or re-sale.
**********Template Begins ************
MUTUAL LETTER OF RELEASE This mutual release, executed on [date], between [name of first party] of [address], City of, Shire of, State of, and [name of second party] of [address], City of , Shire 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/_________________________ _________________________
© R. P. Emery & Associates – www.rpemery.com |
********** Template Ends ************
If you have found this document helpful please feel free to spread the word – please like or share this information with your social network.