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You might also need to use a mutual release agreement if you are the contracting party and both parties involved in the contract have decided to release future claims as part of the settlement of the dispute.
Release clauses are less common in football contracts than details such as sign-on fees or bonuses relating to league standings or Champions League qualification. However, they are still a fairly established part of the game.
The Parties hereby release each other from all actions, causes of action, liabilities, or claims. The parties hereby agree not to sue each other for any matter related to any matter that arose prior to the date this agreement is signed and agree not to seek damages from each other.
The Parties hereby release each other from all actions, causes of action, liabilities, or claims. The parties hereby agree not to sue each other for any matter related to any matter that arose prior to the date this agreement is signed and agree not to seek damages from each other.
We each hereby expressly release the other from all claims and demands, known and unknown, arising out of the Agreement. Each party understands that, as to claims that are known to that party when the release is signed, any statutory provisions that would otherwise apply to limit this general release are hereby waived.
The agreement is usually drawn up by the releasee, and both parties sign and date the document. Although the law will make exceptions, the releasor pledges an understanding of any risks involved in the covered activity and agrees not to sue for damages.