An agreement and release is a legal agreement that releases a party from contractual obligations or where a party concedes rights. This agreement is most commonly used at the end of a contract term to certify that neither party has any legal claims against the other. In other words, it is a legally binding agreement that, once signed, makes it unlawful for either party to make legal claims against the other regarding responsibilities, duties, or obligations under the agreement and release.
Also called a release and waiver agreement, this document is often signed following a settlement agreement, which offers financial compensation in exchange for terminating pending legal allegations. The agreement and release effectively ensures that upon receipt of the settlement, no further court action can be pursued for the same reason.
Separation Agreement and Mutual Release
Category:
State:
Multi-State
Control #:
US-E-T-409-01
Format:
Word;
Rich Text
Instant download
Description
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
