MUTUAL RELEASE AND SETTLEMENT AGREEMENT Clause Samples
A Mutual Release and Settlement Agreement is a contractual provision where both parties agree to resolve existing disputes and release each other from further claims related to the matter at hand. In practice, this clause typically outlines the specific issues being settled, details any payments or actions required by either party, and confirms that neither side will pursue additional legal action regarding the settled matters. Its core function is to provide finality and certainty by ensuring that all known and potential claims between the parties are conclusively addressed, thereby preventing future litigation over the same issues.
MUTUAL RELEASE AND SETTLEMENT AGREEMENT. This Mutual Release and Settlement Agreement (“Settlement Agreement”) is made and entered into as of the 10th day of June, 2005, Pacific Daylight Time, by and among the following parties (all collectively referred to as the “Parties”):
MUTUAL RELEASE AND SETTLEMENT AGREEMENT. This MUTUAL RELEASE AND SETTLEMENT AGREEMENT (the “Agreement”) is entered into by and between the City of Noblesville, Indiana and the Noblesville Parks and Recreation Board (collectively, the “City”, as further defined herein), Indiana Transportation Museum (“ITM”, as further defined herein); Arch Insurance Company (“Arch” as further defined herein); Century Indemnity Company (“Century” as further defined herein); National Union Fire Insurance Company of Pittsburgh, Pa (“National Union” as further defined herein) and Sentry Insurance Company (“Sentry” as further defined herein). Arch, Century, National Union and Sentry may individually be referred to as a “Released Insurer” and collectively as the “Released Insurers.”
MUTUAL RELEASE AND SETTLEMENT AGREEMENT. This Mutual Release and Settlement Agreement (the “Settlement Agreement”), effective as of the last date signed below (the “Settlement Date”), is made and entered into by and between:
MUTUAL RELEASE AND SETTLEMENT AGREEMENT. DATE: This Agreement is dated as of the date of the last signature hereunder. PARTIES: ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇▇ (“Plaintiffs”) ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ (“Defendants”)
MUTUAL RELEASE AND SETTLEMENT AGREEMENT. The parties shall concurrently with the execution of this Agreement enter into a Mutual Release and Settlement Agreement in the form attached as EXHIBIT 9.13.