Plano Texas Separation Agreement and Mutual Release

State:
Multi-State
City:
Plano
Control #:
US-E-T-409-01
Format:
Word; 
Rich Text
Instant download

Description

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.
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FAQ

In a recent SmartAsset study, Plano ranked #9 for the wealthiest middle class. The median salary for a Plano resident is $95,002. In a SmartAsset study of the median household income in America's largest 100 cities, Plano ranked #9 for the most wealthy middle class.

Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September. Inc. 1873.

In 1994, the city was recognized as an All-America City. By 2000, the population grew to 222,030, making it one of the largest suburbs of Dallas. Plano is surrounded by other municipalities and therefore cannot expand in area, and there is little undeveloped land remaining within the city limits.

Quality medical care facilities, superior educational opportunities, and excellent recreational and cultural amenities contribute to the quality of life for Plano's citizens.

Plano Demographics White: 55.55% Asian: 22.68% Two or more races: 9.2% Black or African American: 9.02%

Plano is the headquarters of Frito-Lay, a division of Pepsico. Heritage Farmstead Museum occupies a former sheep ranch. Plano, considered the ?Balloon Capital of Texas,? hosts a popular hot-air balloon festival each September.

Plano (/?ple?no?/ PLAY-noh) is a city in the U.S. state of Texas, where it is the largest city in Collin County. Plano is also one of the principal cities of the Dallas-Fort Worth metropolitan area.

The median property value in Plano, TX was $358,100 in 2021, which is 1.46 times larger than the national average of $244,900. Between 2020 and 2021 the median property value increased from $341,800 to $358,100, a 4.77% increase.

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Plano Texas Separation Agreement and Mutual Release