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9/15/2011

Mutual Release

MUTUAL RELEASE
This mutual release, executed on (date), between

(name of first party) of (address) , City of

, County of , State of , and

(name of second party) of (address) , City of

, County 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/_________________________

_________________________

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