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A Mutual Release Agreement is a straightforward document that allows you to settle disputes quickly and professionally. No matter what your dispute, a Mutual Release Agreement allows both parties to agree to drop all claims and get out of the contract.
A settlement and mutual release agreement is a contract where both parties agree to settle the dispute and release each other from all future claims, even claims that aren't yet known at the time of signing.
In this kind of settlement, both parties agree to end their claims against one another and enter into a new agreement that might release them from legal liability for past disputes. The preamble of a mutual release typically gives a brief summary of the subject claim or controversy.
This is a generic form of termination agreement for use when parties to a commercial contract have mutually agreed to terminate the agreement. It includes an optional mutual release of claims.
? Business Disputes: Two parties may have a disagreement regarding a contract, payment, or different business matter, and they may use a Mutual Release form to resolve the matter and release one another from further claims or liability.